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AgroBusiness Times

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Group advocates more rural women, youth involvement in farming

Agriculture of women Chief Executive Officer of the Business Women of Nigeria Commonwealth (CBWN), Amoma Adigwe urged traditional rulers in different states to encourage more rural women and youth to participate in agriculture. She appealed to the press briefing organized by the organization to draw public attention to the activities conducted by CBWN, as she […]

CBOT wheat and corn prices decreased last week

WHEAT. Over the period under review (September 06-13), CBOT wheat prices lost 2.96%, reports UkrAgroConsult. The main bearish factors were the following: – rapid spring wheat harvesting in the USA (93% of the intended area compared to 85% – the five-year average); – publication of the September USDA WASDE report: raised world wheat production estimate […]

GIC to launch 3.5 million Euros farm finance scheme

[FILE PHOTO] Agricultural land German international cooperation (GIC) has revealed plans to start new financing for agriculture in the amount of 3.5 million euros for small farmers by November 2018. The GIC coordinator for the Green Innovation Center, Caroline Trimborne, who spoke about this in Abuja during a capacity building training for agricultural correspondents in […]

Reviving economy of Abia with agro-allied industry

cashew The head of the FEMI agro-economic office IBIROGBA and the correspondent of "Abia", GORDI UDEAJAH, represent the agro-industrial opportunities of the state of Abia in order to attract investors to the state. The achievements of the late Dr. Michael Okpar as the premier of the unspent Eastern region, especially in agriculture, appear to have […]

India Plans to More Than Double Sugar Export Aid

India, the world’s top sugar producer after Brazil, is considering a proposal to provide 45 billion rupees ($617 million) assistance to sugar mills to boost exports and cut domestic surplus next year. The government plans to provide a subsidy of 13.88 rupees per 100 kilograms of cane to sugar mills in the year starting Oct. […]

Pakistan delivers 280 tonnes of wheat to Afghanistan

Pakistan has handed over the first consignment of 280 tonnes of wheat to Afghanistan at the Torkham border, officials say. In April this year, ex-prime minister Shahid Khaqan Abbasi announced a gift of 40,000 tonnes of wheat to the drought-stricken country during a visit to Kabul. National Logistic Cell (NLC) General Manager Mazhar Iqbal said […]

Fears over ‘Killer’ palm oil

• Most of the oil in Lagos is rejected – Olatujoye • Unfair Cabal Responsible-Oyekoya Stakeholders in the Palm Oil industry are expressing serious concerns about the presence of falsified palm oil or "palm oil for killers" in markets across the country. The Guardian learned that some palm oil dealers took the dilution of the […]

Russia wants Morocco to cut wheat tariff

Russia’s agriculture minister has told his Moroccan counterpart that he expects the country to cut its import tax to 30 percent by the end of 2018 as Russia looks to develop new export markets. Morocco hiked its wheat import tax to 135 percent on May 11, and its rate for preferential trading partners — including […]

AfDB provides $1m for TAAT projects

The African Development Bank (AfDB), as part of its "Technology for African Agricultural Transformation" initiative (TAAT), has allocated $ 1 million as initial money for projects in 10 African countries. Professor-leader of the TAAT, Bernadette Fregene, spoke about this on Friday in Abuja at the planning meeting of the compact planning of TAAT-Aquaculture. She said: […]

China’s retaliatory tariffs on U.S. wheat take a hike

U.S. exports of wheat to China reached $351 million in 2017, making that country our fifth largest customer. Mexico is the largest customer of U.S. wheat, importing $855 million in worth in 2017, followed by Japan, accounting for an additional $713 million in wheat export business. As is the case with U.S. corn imports, China […]

Workshop “PRICE FORECASTING, SPREADING AND HEDGING STRATEGIES”

UkrAgroConsult invites agribsusiness players to analyze the global trends of the agricultural market, learn to determine trends and patterns, forecast prices, anticipate and hedge risks in changeable market conditions. Trade conflict between the US and China radically changes the prospects for agricultural markets for the next few years. Since China has the lion’s share of […]

Pakistan. PTI govt likely to increase wheat support price

The government of Pakistan Tehreek-e-Insaf (PTI) is likely to increase wheat support price to encourage farmers to grow crop on more area to ensure food security in the country.   The proposal was floated by Minister for Petroleum Ghulam Sarwar Khan in a recent meeting of the Economic Coordination Committee (ECC) of the Cabinet held […]

Malaysia, Indonesia urged to work together to enhance palm oil usage

Malaysia and Indonesia should work together to enhance the usage of palm oil in the global market and tackle the misunderstanding surrounding the commodity, particularly in Europe and the United States, Oil World Executive Director Thomas Mielke said.   He said the world’s top two palm oil producers should disseminate the real fact that palm […]

Obasanjo Farm’s Closure Not Political – Oyo Govt

The Oyo State Government defended the closure of some firms, including Obasanjo Farms, saying it was not politically against the former president, Chief Olusegun Obasanjo. The state government insisted that firms in Ibadan, the state capital, had recently been sealed for alleged tax evasion. He denied the insinuations that he sealed Obasanjo's farms and more […]