The government and the farmers have agreed on this year's settlement, which entails NOK 1,27 billion more funds allocated to Norwegian agriculture.
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The self-sufficiency rate of agricultural produce in Norway has dropped by five percentage points over the last five years, Nationen reports.
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On average, gross income for Norwegian farmers amounted to NOK 511 000 in 2011. This represents an increase of NOK 26 500, or 5 per cent, from the previous year, according to Statistics Norway (SSB).
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This year it is five years since the first boxes of seeds from food crops were carried into the Svalbard Global Seed Vault (photo). Today, more than 770,000 different seed samples are deposited in the Arctic vault for long-term storage.
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The import of agricultural products to Norway last year increased by 9.2 per cent, compared with the year before. Most of the increase was due to the import of meat, grain and potatoes.
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The imports of agricultural products to Norway show a strong increase over the last nine months, and is up 13 per cent over the same period last year, according to the newspaper Nationen.
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Norway has announced that it is to enter into collaboration with Vietnam on the protection of the Asian nation's forests and preventing climate change.
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The number of dairy farms in Norway has been reduced by 12,000 since the year 2000. By the end of 2012 there will be less than 10,000 dairy farms left, experts believe.
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Former Norwegian Government minister Åslaug Haga will be the successor of Cary Fowler as the new Executive Director of the Global Crop Diversity Trust.
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The government coalition parties have agreed to raise the customs duty on beef, lamb and firm cheeses in order to protect Norwegian farmers and agriculture.
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Norwegian farmers spent NOK 8.5 billion (more than USD 1.2 billion) on new farm machinery and farm buildings last year, according to the newspaper Nationen.
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The program committee for the Agrarian Party (Sp) wants to open up for wolf hunt. The wolf has been protected in Norway since 1973.
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The prices of corn, wheat and grain feed are record-high on the international markets, but food prices in Norway will most likely not be affected.
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Norway is entering into agreements on energy cooperation amounting to NOK 850 million with Ethiopia, Kenya and Liberia.
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A total of 16 279 new enterprises were registered in Norway during the first quarter of 2012. This is 12 per cent more than in the first quarter of 2011, Statistics Norway reports.
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