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US. Japanese to build $70M vegetable oil plant in Louisiana

A Japanese company has broken ground for a $70 million vegetable oil plant in the New Orleans area. A news release from the Jefferson Parish Economic Development Commission on Friday says Fuji Vegetable Oil Inc. plans to process palm oil, palm kernel oil, sunflower oil, and coconut oil at the plant. The complex will also […]

3,000 farmers for Kano tomato preservation initiative 

Tomato paste industry By Tukur Muntari No fewer than 3,000 farmers are to benefit from Kano Post-Harvest Hub initiative of an NGO, Pyxera Global YieldWise Nigeria, which aims at reducing post-harvest loss especially for tomatoes. The YieldWise project, which is being funded by Rockefeller Foundation, is aimed at reducing post-harvest loss for tomatoes and other […]

As China soy demand wavers, US farmers turn back to grains

Since the mid-2000s, North Dakota farmer Paul Thomas has planted more of his land with soybeans as China’s demand for the oilseed grew. The shift culminated this year when Thomas planted 1,600 of his 5,000 acres with soybeans, the most ever. But Thomas and many farmers like him plan to return to the old U.S. […]

Agra Innovate showcases Nigeria’s agric potential

AGRA Innovate West Africa expo will host the agribusiness leaders and stakeholders from Nigeria and beyond at the Landmark Centre, Victoria Island in Lagos, from 27 to 28 November 2018. The event will be held under the theme: “Food Security: The role of finance in the creation of commercial opportunities for agricultural value chain stakeholder […]

Mongolia harvested 409.6 thousand tons of wheat

Mongolia harvested 409.6 thousand tons of wheat, 160.9 thousand tons of potato, 93.6 thousand tons of vegetables, 117.8 thousand tons of fodder plants and 19.3 thousand tons of oil plants. Wheat harvest increased by 172.6 thousand tons, potato by 44.5 thousand tons, vegetables by 14.5 thousand tons, fodder plants by 57.3 thousand tons and oil […]

Zimbabwe. ZCFU projects 525 percent winter wheat harvest growth

THE Zimbabwe Commercial Farmers’ Union (ZCFU) has projected that this year winter wheat harvest will grow by at least 525 percent to 125 000 tonnes on the back of the Command Agriculture programme. In April, Government launched a 67 000-hectare Command Wheat programme, which at minimal yield was expected to significantly cut Zimbabwe’s cereal import […]

Eight months after, FG yet to review starch import tax

IT has been about 8 months since the Federal Government promised to review the import adjustment tax for imported starch which is targeted at encouraging local manufacturers of starch across the country. Currently, importers of starch are charged 5 per cent to 10 per cent import duty, which still makes them sell starch at a […]

Global palm oil output to rise by nearly 2.5 mil T in 2019

Global palm oil output will climb by nearly 2.5 million tonnes in 2019, although growth will slow in top producer Indonesia, industry analyst James Fry said on Friday. “Crude palm oil production will revive outside Indonesia in 2019, but Indonesian growth will slow,” Fry said in a presentation at an industry conference on the Indonesian […]

Nigeria earns $35m yearly from hibiscus exportation NAQS

THE Coordinating Director of the Nigeria Agricultural Quarantine Service (NAQS), Dr. Vincent Isegbe, has said that Nigeria was set to resume the export of hibiscus (zobo) to Mexico. Dr. Isegbe made this known when the Mexican Ambassador to Nigeria, Mr. Marco Antonio Garcia Blanco, paid him a courtesy visit at the NAQS headquarters in Abuja. […]

Oilseeds boost Bunge Q3

The New York-based company reported results for the quarter and nine-month period ending September 30 on Wednesday [October 31]. Net income for the quarter was $365m, up from $92m for the third quarter of 2017, Bunge reported. For the first nine months of the year, net income was $332m, up from $220m. Total segment earnings […]

Soybeans soar on Trump, Xi tweet trade talk

Soybeans were poised to post their biggest daily contractual gain on Thursday on hopes that a four-month trade war between the two wealthiest nations could be near an end. Soybeans rose 4% in a matter of minutes to hit a high of $8.73/bu after President Trump said he had made good progress in resolving a […]

Find out the first confirmed Speakers of ‘Black Sea Grain-2019”!

UkrAgroConsult is glad to announce the first confirmed Speakers of the 16th International Conference ‘Black Sea Grain-2019’, which is scheduled for April 10-11, 2019 in InterContinental hotel, Kyiv, Ukraine. Among confirmed speakers: – Sergey Feofilov, Director General, UkrAgroConsult (Ukraine) – Dan Basse, President, AgResource (USA) – Erik Norland, Executive Director, CME Group (UK) – Elizaveta […]

NSPRI develops cost-effective multipurpose solar dryer

As part of the efforts to reduce monumental post-harvest losses in the agricultural sector, the Nigerian Stored Products Research Institute (NSPRI) has unfolded an improved multi-purpose solar dryer it calls multi-crop dryer. Dr Olayemi Folorunsho, Head of the Engineering Research of the institute, explained that the solar dryer is made of transparent acrylic polythene materials […]

‘How sweet potato can be processed into gari’

Phorbee Dr (Mrs) Olapeju Phorbee is the Country Manager of the International Potato Centre and Senior Country Coordinator of Building Nutritious Food Basket in Nigeria. She explains to Head, Agro-Economy Desk, FEMI IBIROGBA that crops-based approach to tackling malnutrition has been complementing other approaches. She clarifies that bio-fortified foods being promoted in Nigeria and other […]