Browsing author

AgroBusiness Times

Share your story with us: +2348135229228 (call and SMS only) Email: info@agrobusinessngr.com, Complain about a story or Report an error and/or correction: +2348135229228 DISCLAIMER: Comments on this thread are that of the maker and they do not necessarily reflect the organization's stand or views on issues.

Brazil forecasts 6.2-pct drop in 2018 grain harvest

Brazil, one of the world’s largest granaries, will see a 6.2-percent decline in its harvest of cereal, legumes and oilseeds this year compared to last year, the Brazilian Institute of Geography and Statistics (IBGE) said on Tuesday. The projected drop is equivalent to 14.8 million tons, with a forecast total production of 225.8 million tons, […]

Japan to raise imported wheat prices to millers by 2.2 pct

Japan will sell imported wheat to domestic millers at an average price of 55,560 yen ($498) per tonne in October to March, up 2.2 percent from the previous six-month period, the Ministry of Agriculture, Forestry and Fisheries said. The move reflects higher wheat prices in its main suppliers and higher shipping rates due to oil […]

450 Farmers In Land Dispute With Kebbi Govt

More than 450 members of the Association of All Nigerian Farmers (AFAN) in Kebbi allegedly confiscated their 14,000 hectares of land by the state government of Kebbi in the village of Gvazava district of the local government of Danko / Wasagu state. The chairman of the association in this area, Alhaji Aliyah Batura, told reporters […]

Exploring post-retirement low-risk agric businesses

Packed eggs PHOTOS: Femi Ibirogba If you do not plan, life after retirement from active civil, public or private services can become gray, unproductive and financially stressful. FEMI IBIROGBA writes about the enterprises of the agro-industrial sector after retirement, which serve two purposes in the field of fitness and financial freedom. Agriculture, especially in low-resource […]

Agriculture is vehicle to economy development, says Ambode, others

The Governor of Lagos State, Mr. Akinvumi Ambode, explained that the development of agriculture remains the only way to manage the economy of the country, as well as create jobs for unemployed young people. The Governor said this at the 39th Annual General Meeting and the 19th International Conference of the Nigerian Institute of Land […]

Firm lists ways to successfully produce broilers 

The production of broilers was named one of the most useful enterprises that provide return on investment, if the mortality of birds is avoided. Director of FDH AgroVet Ltd Mr. Femi Akinwale during the launch of the avian influenza vaccine in Ibadan last week said that reducing or eliminating bird deaths by taking precautionary measures […]

India. Cabinet hikes procurement price of ethanol made from B-molasses

India’s sugar production in the coming 2018-19 season, which starts next month, is likely to be 0.7-0.8 million tonnes less than its estimated total, because of government’s recent decision to incentivise the production of ethanol from intermediary molasses and sugarcane juice. Though the drop compared to the estimated 35.5 million tonnes of sugar production looks […]

Niger Delta ex-militants begin agric enterprise training in Abia 

Participants undergo practical training. About 150 former militants / agitators from the delta of the Niger Delta have started monthly training for agricultural enterprises in Umuakhia, the capital of Abia, as part of the presidential amnesty program of the federal government. The State Program for the Development of Agriculture of Abiya (ADP) in cooperation with […]

Price of bread to go up

According to all indications, consumers of bread may have to pay more in the coming weeks, as the price of the main product is likely to increase. The planned increase in prices is not associated with an increase in the cost of ingredients for baking and other materials over the past three years. The Guardian […]

US Red Meat Export Volumes Strong in July

 July exports of US pork and beef were higher than a year ago, according to data released by USDA and compiled by USMEF. Export value results were mixed, with beef exports posting another near-record month while pork export value declined, reflecting the impact of retaliatory duties imposed by Mexico and China. Led by another spectacular […]

Brazil raises soy export projection, end-stocks lowest on record

Brazil’s government on Tuesday raised by two million tonnes its projection for soybean exports in the 2017/18 crop to 76 million tonnes amid strong Chinese demand, reducing the crop’s end-stocks to the lowest on record. Agricultural statistics agency Conab raised by 300,000 tonnes its projection for the country’s 2017/18 soybean crop from August to 119.3 […]

Tunisia grain crop drops to 1.4mln tonnes this year

Tunisia gathered 1.4 million tonnes of cereals in the 2018 harvest, down from 1.6 million tonnes last year, due to a lack of rain, the agriculture ministry said on Tuesday. The crop includes 960,000 tonnes of durum wheat, 110,000 tonnes of soft wheat and 310,000 tonnes of barley. “Tunisian output of cereals during this season […]

Researchers task Southwest farmers on fonio cultivation

As part of efforts to increase economic benefits to farmers in the southwest, it is strongly recommended that they participate in the cultivation of Fonio, known in some quarters as hungry rice. Known as the aha in Hausa, the phonio is a conspicuous crop in parts of West Africa. It is also one of the […]

Iranian Wheat Deal With Russia/Kazakhstan Falls Apart

Iran has become a huge financial disappointment for the Kremlin. After being provided access to billions of dollars by the Obama administration, including a multi-billion ransom in cash flown in to Tehran in the middle of the night on an unmarked plane, Russia was planning on reaping billions in windfall contracts from the Islamic theocracy. […]

6,622 cattle recovered in 14 months in Niger

The Director-General for nomadic affairs, Alhaji Abdullahi Babayo, said that over the past 14 months, the agency has restored 6,622 cattle.Babayo disclosed the information in an interview with Nigeria's news agency in Minna on Saturday.He said that most of the cattle recovered not from the fault of cattle in Niger, saying that curtains usually take […]