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AgroBusiness Times

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Politics remains a major driver of oilseeds prices

The Chinese have resumed buying US soybeans but much more is needed to make up for the sluggish US exports since the beginning of the season, said the team. “The world needs to see China purchasing at least 10MT of US soybeans if prices stand a chance of a recovery,”​ added the UK based agri-commodity […]

Growing vegetables in your backyard

ADVERTISEMENT Vegetables are the cheapest source of essential minerals and vitamins and for a long time they have remained a common ingredient in many African food and soups, for this reason, people take advantage of the vacant space in their back yard to plant them. Planting vegetables in the home makes it easy for the […]

Jumia Food unfolds innovations for 2019 operations |

Managing Director, Jumia Food, Guy Futi (left); Marketing Manager, Jumia Group, Chioma Odumegwu; Managing Director, Jumia Travel, Adagunodo; and Head, PR and Communications, Jumia, B. R Olukayode, during the end-of-the-year press conference organized by the Jumia Group at Krispy Crème, Victoria Island, Lagos, yesterday. PHOTO: FEMI IBIROGBA<br /> Jumia Food, one of the ancillaries of […]

World wheat supply increases, despite Australian production falling

DESPITE a reduction in Australian production, world wheat supplies for 2018-19 have increased by 800,000 tonnes, according to the latest US Department of Agriculture world supply report. A bumper Canadian crop and additional Russian carry-over stocks have levelled out the gap in grain production as Australian production suffers the effects of drought. Australia’s wheat exports […]

Corps members cultivate groundnuts, rear livestock in Sokoto

Three members of the National Youth Service Corps (NYSC) in Sokoto State are making the best of their service year by engaging in sheep/goat rearing; broiler, groundnuts and onion production. The young men, Matthew Afolabi, Yusuf Owolabi and Kunle Shittu told The Guardian how they have been channelling their resources to help them earn extra […]

How moringa tree can cure man’s money woes

…less commitment to wheat, extra devotion to rice Some three kilometres from Chuka is Wahome’s Farm where thousands of trees sway in the wind. To villagers, the 4,000 trees are probably meant to cool the semi-arid hot region. But these are Moringa oleifera, among the most sought-after trees due to their many benefits. By the […]

Protecting livestock, crop farms from fire outbreaks

Fire outbreaks have the history of leaving behind losses not only of property, but also lives. As the dry season comes in, to be followed by a period of harmattan, the Head, Agro-Economy Desk, FEMI IBIRIGBA aggregates practical measures as suggested by various professional insurers, scientists and experienced farmers on how to prevent losses of […]

US wheat exports cut by 25 million bushels

The U.S. Department of Agriculture’s Economic Research Service released its Situation and Outlook Report for Wheat Dec. 13. This month, the ERS projects all U.S. wheat exports for the 2018-2019 marketing year will be cut by 25 million bushels to 1 billion total. “Export sales through the first six months of the marketing year are […]

FG approves N700m for completion of Farin Ruwa Dam project

The Federal Ministry of Water Resources, on Wednesday said Federal Government has approved N700 million to complete the Farin Ruwa Hydro power project in Nasarawa state to boost power generation in the country. Dr Musa Ibrahim, the Permanent Secretary of the ministry, told the News Agency of Nigeria (NAN) following the end of tour to […]

CSOs protest influx of GMOs products into Nigeria |

[FILE PHOTO] Fruits And Vegetables Photo Credit: Burn It Off By Chrissy A coalition of civil society organisations has condemned the continuous influx of Genetically Modified (GM) crops and products into the country. The CSOs, comprising of Health of Mother Earth Foundation (HOMEF), GMO- Free Nigeria Alliance, Alliance for Food Sovereignty in Africa (AFSA) and Bio-integrity […]

China buys five US soybean cargoes, up to 14 talked

Chinese state-owned industries returned to buy US beans on Tuesday, with at least five cargoes being snapped up off both the Pacific Northwest ports and in the US Gulf, market sources said, with some estimates as high as 14 cargoes have been bought. At least three cargoes were purchased out of Oregon with a further […]

Farmers target 25 million MT of maize production next year 

THE National President of Maize Association of Nigeria (MAAN), Bello Abubakar said that the maize farmers under their Association would produce 25 million MT of maize next year to meet up with the local demand. Bello said that this year, the maize farmers were able to cultivate 50,000 hectares of maize which produced 20 million […]

Rural Spark Signs New Partnership in Nigeria

On Thursday the 13th of December Tolu-tope Dade, CEO of Smartpower and Shagun Jain the VP Partnerships of Rural Spark officially signed a partnership document in the presence of Michel Deelen (Deputy Ambassador of the Kingdom of the Netherlands) and Sonia Fajusigbe (Adviser Economic, Trade & Investment Affairs) at the Netherlands representation office in Lagos. […]

Netherlands Intensifies Ties with Nigeria

The Minister of Foreign Affairs of the Kingdom of the Netherlands, Stef Blok, paid a visit to Nigeria in October to deepen bilateral relations in the frame work of the memorandum of understanding between Nigeria and the Netherlands signed during the official visit of President Muhammadu Buhari to the Netherlands early this year. In the […]

Pakistan. Area under wheat lags by 0.822 million hectares

Water deficit coupled with sugar mills operational drag has cut down the area under wheat by 0.822 million as the crop has been sown over 8.011 million hectares across the country against the target of 8.833 million hectares for this season, an official said on Tuesday. “The cultivation was almost up to the set mark, […]