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AgroBusiness Times

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Armenia Parliament Vice Speaker discusses grain imports with Georgian Counterpart

Vice Speaker of the Armenian Parliament, head of the Armenia-Georgia parliamentary friendship group, Eduard Sharmazanov, held phone talks with his Georgian counterpart George Volski. The sides discussed Armenian-Georgian inter-parliamentary relations, the forthcoming visits of the head of the Georgian parliament to Armenia, as well as Armenian delegation’s upcoming visit to Tbilisi, Armenian Parliament’s press service […]

Nigeria risks famine in the next five years if … Ogunnaike

Ogunnaike Head Emmanuel Folorunsho Ogunnayke, chairman of Folhope Limited, the glory of the company for integrated agriculture, which includes livestock, crop production, aquaculture and others. In this interview with NURUDEEN ALIMI, he reveals the various problems affecting the growth of agriculture in Nigeria and ways to address them. To what extent can you say that […]

Malaysia targets 80% rice self-sufficiency by 2022

The agriculture minister says technology transfer from China, Taiwan and Japan will help to achieve this. Malaysia targets to achieve 80% self-sufficiency in rice by 2022, moving up from the current 70%, said Agriculture and Agro-based Industry Minister Salahuddin Ayub. He said efforts were being made in that direction, such as increasing the rice variants […]

Collapsible Mobile Fish Pond

Fish farming, no doubt, is a lucrative venture with ever growing market within Nigeria and a greatly untapped market internationally. I have been in the business of raising fishes for some time now, and I would like to share my little knowledge on the easiest way someone with little capital can engage in profitable fish […]

Nigeria releases 19 high yield crop varieties, one chicken breed to farmers

The Federal Ministry of Science and Technology produced 19 new varieties of crops with a high yield to increase agricultural production. The Committee on the Issue of National Varieties (NVRC) approved the release at its 26th meeting, held in its secretariat at the National Center for Genetic Resources and Biotechnology (NACGRAB), Ibadan. The registrar and […]

132,000-MT rice import OK’d

We can’t impose SRP on rice and fish, DTI tells solons Agriculture Secretary Emmanuel Piñol bared this Wednesday after attending an emergency meeting with the members of the NFA Council, the highest policy-making body of the NFA, regarding the rice smuggling and supply issues in Zambasulta. The Price of rice in these areas has shot […]

BMO hails FG on N150b loan to farmers – The Eagle Online

Bukharin's media organization welcomed the federal government for providing an enabling environment for Nigerian farmers to access a loan of $ 150 billion. Within the framework of the Central Bank's borrowers program for the past two years. BMO, in a statement signed by its Chairman, Nia Akinsiu and Secretary Cassidy Madejka, said that this has […]

CBN keen on reviving agriculture, manufacturing sectors via credit policy

To consolidate and maintain the economic recovery, the Central Bank of Nigeria (CBN) recently introduced clear interest loans for operators in the manufacturing and agricultural sectors of the economy. CHIMA NWOKOJI writes about the views of stakeholders and the benefits of affordable, long-term bank loans to sectors that are viewed as employment and growth promotion. […]

India extends deadline for sugar exports by 3 months

India has extended the deadline for export of 2 million tonnes sugar by three months to December. It is reported by Reuters. The world’s second-biggest sugar producer has been trying to reduce sugar stocks after harvesting a record crop. India’s sugar production is expected to jump by almost a tenth from the current year to […]

Oyo state, IITA seal pact on agric policy, agribusiness park –

The International Institute of Tropical Agriculture (ITA) and the Oyo State Government signed an agreement on the development of an agricultural plan for the state and the creation of an agribusiness park. Agrarian policy, according to the statement signed by the expert on communications and knowledge of IITA, Godwin Aceer will clearly outline opportunities, strengths […]

Vietnam’s chicken imports soar

Vietnam has imported nearly 88,000 tonnes of chicken meat, worth about USD 84 million within the first half of the year. This represents about 72% of last year’s total imports. The top three chicken export markets to Vietnam are the US, Brazil and Korea. Of this, more than 50% was from the US. The imported […]

Entrepreneurs, scientists identify agric as way out of penury –

Cocoa beans FEMI IBIROGBA writes about how it would be possible to combat the growth of poverty in Nigeria using agriculture as a supporting weapon. It is estimated that 87 million Nigerians in extreme poverty, Nigeria currently occupies the country with the highest number of extremely poor people who officially overtake India, home to 73 […]

US needs to increase grain exports to improve farmer prices – Rabobank

A new report on the future of the US grain industry says it must increase exports to workdown stocks and improve the prospect of higher prices. The Rabobank corn baseline outlook has changed little from a year ago, however, with relatively flat demand and ending stocks remaining historically high, the average received farm price has […]

Farmers call on FG, CBN to intervene in NIRSAL’s activities

[File] Managing Director / Chief Executive Officer of NIRSAL, Aliyu Abdul Heymed The investment cooperatives Hope Concept and the credit union denied the assertion of the Nigerian Agricultural Credit Risk Distribution System (NIRSAL Plc) that its members were unskilled farmers who did not have either farmland or compliance with standard requirements. The Union of Farmers' […]