Malaysia targets 80% rice self-sufficiency by 2022

The agriculture minister says technology transfer from China, Taiwan and Japan will help to achieve this. Malaysia targets to achieve 80% self-sufficiency in rice by 2022, moving up from the current 70%, said Agriculture and Agro-based Industry Minister Salahuddin Ayub. He said efforts were being made in that direction, such as increasing the rice variants […]

Collapsible Mobile Fish Pond

Fish farming, no doubt, is a lucrative venture with ever growing market within Nigeria and a greatly untapped market internationally. I have been in the business of raising fishes for some time now, and I would like to share my little knowledge on the easiest way someone with little capital can engage in profitable fish […]

Nigeria releases 19 high yield crop varieties, one chicken breed to farmers

The Federal Ministry of Science and Technology produced 19 new varieties of crops with a high yield to increase agricultural production. The Committee on the Issue of National Varieties (NVRC) approved the release at its 26th meeting, held in its secretariat at the National Center for Genetic Resources and Biotechnology (NACGRAB), Ibadan. The registrar and […]

132,000-MT rice import OK’d

We can’t impose SRP on rice and fish, DTI tells solons Agriculture Secretary Emmanuel Piñol bared this Wednesday after attending an emergency meeting with the members of the NFA Council, the highest policy-making body of the NFA, regarding the rice smuggling and supply issues in Zambasulta. The Price of rice in these areas has shot […]

BMO hails FG on N150b loan to farmers – The Eagle Online

Bukharin's media organization welcomed the federal government for providing an enabling environment for Nigerian farmers to access a loan of $ 150 billion. Within the framework of the Central Bank's borrowers program for the past two years. BMO, in a statement signed by its Chairman, Nia Akinsiu and Secretary Cassidy Madejka, said that this has […]

CBN keen on reviving agriculture, manufacturing sectors via credit policy

To consolidate and maintain the economic recovery, the Central Bank of Nigeria (CBN) recently introduced clear interest loans for operators in the manufacturing and agricultural sectors of the economy. CHIMA NWOKOJI writes about the views of stakeholders and the benefits of affordable, long-term bank loans to sectors that are viewed as employment and growth promotion. […]

India extends deadline for sugar exports by 3 months

India has extended the deadline for export of 2 million tonnes sugar by three months to December. It is reported by Reuters. The world’s second-biggest sugar producer has been trying to reduce sugar stocks after harvesting a record crop. India’s sugar production is expected to jump by almost a tenth from the current year to […]

Oyo state, IITA seal pact on agric policy, agribusiness park –

The International Institute of Tropical Agriculture (ITA) and the Oyo State Government signed an agreement on the development of an agricultural plan for the state and the creation of an agribusiness park. Agrarian policy, according to the statement signed by the expert on communications and knowledge of IITA, Godwin Aceer will clearly outline opportunities, strengths […]

Vietnam’s chicken imports soar

Vietnam has imported nearly 88,000 tonnes of chicken meat, worth about USD 84 million within the first half of the year. This represents about 72% of last year’s total imports. The top three chicken export markets to Vietnam are the US, Brazil and Korea. Of this, more than 50% was from the US. The imported […]

Entrepreneurs, scientists identify agric as way out of penury –

Cocoa beans FEMI IBIROGBA writes about how it would be possible to combat the growth of poverty in Nigeria using agriculture as a supporting weapon. It is estimated that 87 million Nigerians in extreme poverty, Nigeria currently occupies the country with the highest number of extremely poor people who officially overtake India, home to 73 […]

US needs to increase grain exports to improve farmer prices – Rabobank

A new report on the future of the US grain industry says it must increase exports to workdown stocks and improve the prospect of higher prices. The Rabobank corn baseline outlook has changed little from a year ago, however, with relatively flat demand and ending stocks remaining historically high, the average received farm price has […]

Farmers call on FG, CBN to intervene in NIRSAL’s activities

[File] Managing Director / Chief Executive Officer of NIRSAL, Aliyu Abdul Heymed The investment cooperatives Hope Concept and the credit union denied the assertion of the Nigerian Agricultural Credit Risk Distribution System (NIRSAL Plc) that its members were unskilled farmers who did not have either farmland or compliance with standard requirements. The Union of Farmers' […]

Egypt purchased wheat from Russia and Ukraine in a tender

On August 28, Egypt purchased 350 KMT of milling wheat from Russia & Ukraine to be delivered on October 11 – 20, 2018 at an average price of USD 241.23/MT C&F. The price in the previous tender equaled USD 249.10/MT C&F, reports UkrAgroConsult. The purchase included the following:   Quantity, KMT Origin Shipper FOB ($) Freight […]

Ondo to partner Lagos on rice production

The provincial government of Ondo says that it will cooperate with the Government of Lagos State for the production of rice.The Agriculture Commissioner in Adegboedega Adefarati said this during the review of the Fadama 111 additional financing projects in the local government district of Akure North.Adefarathi said the state government provided more than 4,000 acres […]

Malaysia’s palm oil production to drop in 2018 on lower yields

Malaysia’s palm oil output is expected to drop to 19.8 million tonnes in 2018 as compared to 19.92 million tonnes recorded in 2017 due to lower yields, said Oil World executive director Thomas Mielke. “Yield trend is declining. There was a strong recovery seen in production last year and the first four to five months […]