Browsing author
Members of a recent trade mission feel hopeful for the crop’s prospects, particularly in Italy, Morocco and Algeria Canadian durum producers had few reasons to celebrate in 2018 but there might be some cause for optimism in the New Year. Cam Dahl, president Cereals Canada, said he has renewed optimism that Canadian durum exports to […]
On December 20, Egypt purchased 120 KMT of milling wheat from Ukraine & Romania to be delivered on February 11 – 20, 2019 at an average price of USD 263.90/MT C&F. The price in the previous tender equaled USD 257.11/MT C&F. In the previous tender at December 12, 2018, Egypt bought 180 KMT of milling wheat […]
Britain’s farm ministry on Thursday trimmed its estimate of this year’s UK wheat crop to 13.95 million tonnes, down from the 14.09 million seen previously. The crop is now down 6.0 percent from the prior season’s 14.84 million, driven by a 6.2 percent decline in the average yield to 7.8 tonnes per hectare. There was […]
In a tender held on December 19, 2018, the Egyptian state buyer GASC only purchased soybean oil from the domestic market, reports UkrAgroConsult. According to trade sources, the soybean oil was bought from Watanya/Cargill (16 KMT at a price of EGP 11,685/MT, or USD 652.43/MT) and Alex.Co (15 KMT at a price of EGP 11,685/MT, […]
This was disclosed by the Managing Director, Santuscom Agro Hub, Chief Ofana Paul, at a media briefing ahead of the launch in Abuja, while explaining the essence of establishing the park. According to Paul the agro park by his company is to address youth unemployment and also to make Nigeria a leading agribusiness country in […]
Market Commodity Wholesale Retail Last Week Variance 19-Dec-18 Measure Price(N) Measure Price(N) P/Kg(N) W(N) R(N) W(N) R(N) Bodija Market, Oyo State. Beans (White) 100Kg 24,000 Congo 400 299 24,000 400 0 0 Garri (White) 100Kg 11,500 Congo 115 96 10,000 100 1500 15 Groundnut (Edible) 100Kg 29,167 […]
According to the Reuters news agency, China on Wednesday made the first significant purchase of American soybeans since the escalation of the trade conflict. This information pleased U.S. soybean growers, who harvested another bumper crop in 2018. The volume of purchases is said to be 1.5 MMT. Because of the trade disputes, Chinese importers actually […]
NO fewer than 450 million smallholder farmers are supporting about two billion householders globally, Microfinance Information Exchange (MIX) report has said. MIX is an intelligence platform for socially-responsible investors focused on inclusive finance in emerging markets. The report said smallholder farmers constitute one of the single largest market segments for financial inclusion, yet the finance […]
AfricaN leaders should honour their commitment to allocate 10 percent of their budgets to agriculture if the continent is to improve food security, reduce poverty and spur economic growth, Batanai Chikwene of the Economic Commission for Africa (ECA) has said. Speaking in Cairo, Egypt, Chikwene, a Programme Management Officer with African Trade Policy Centre (ATPC), […]
THE Institute of Export Operations and Management (IEOM) Executive Secretary, Mr. Ofon Udofia, has canvassed a national campaign to increase the chances of Nigerian food products in the United States (US). Most African food products are rejected at US ports, because of failure to comply with sanitary and phytosanitary standards (SPS), and other standards, including […]
Nigeria will boost its agriculture productivity if the government encourages the use of more fertiliser, the Managing Director, OCP Africa Fertilisers Nigeria Limited, Mr. Mohamed Hettiti has said. He urged the government to invest more in agriculture to boost growth and development. Addressing a Food and Agriculture Writers Association of Nigeria (FAWON) forum in Lagos, […]
As the soybean planting reaches 98% complete, some farmers in Brazil are already harvesting the 2019 crop, according to consultancy AgRural. Decisions to sell or store soybeans are facing farmers in the first-cut soybean areas. Crop Losses Meanwhile, other regions are ready to start to harvest and others are recording yield losses due to a […]
A food ordering platform, Jumia Food, is mto support local producers to grow the online food retail market. Its Managing Director, Mr. Guy Futi, said in Lagos that the company was in talks with some players to push restaurants for growth. He said food was crucial to the company’s business and that it was looking […]
The challenge of climate change could post a threat to traditional UK growing patterns, according to an annual harvest yield survey. The publication of Strutt & Parker’s annual Harvest Yields Survey offers a fresh end-of-year perspective on the 2018 season. However, at a time when farmers are looking ahead to 2019, the analysis highlights the […]
President Muhammadu Buhari with APC nomination form for 2019 Presidential election. The Rice Farmers Association of Nigeria (RIFAN) and Fertilizers Producers and Suppliers Association of Nigeria (FEPSAN) have donated N1.77 billion to fund President Muhammadu Buhari’s 2019 re-election campaign. The associations disclosed this during a gala night organised by beneficiaries of the federal government’s anchor borrowers programme, […]