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Rice The Federal Government has approved N60 billion in support of its rice subsidy programme aimed at bringing down the price of the commodity across the country. The Minister of Agriculture and Rural Development, Mr Audu Ogbeh stated this when he briefed State House correspondents on the outcome of the meeting of the National Food […]
Malaysian palm oil futures on Thursday struggled to recover from a more than three-year low hit in the previous session, as rising inventories in the world’s second-biggest producer weighed on the market and physical demand showed no signs of improvement despite a hefty price correction. The benchmark palm oil contract for January delivery on the […]
Like many analysts, those at the U.S. Department of Agriculture are predicting a steep drop in U.S. soybean acres next spring. Unlike many analysts, they are not forecasting a rebound in those acres in the years that follow. In its base line projections used for budgeting purposes, the USDA is forecasting 82.5 million acres of […]
Maize imports, ethanol plant closures and the looming potential of a no-deal Brexit are putting pressure on wheat prices, according to grain traders. Maize imports are up by one-third and have broken the 540,000t mark since July, HMRC figures show. In the first three months of this year’s season (July-September 2018) the UK imported 544,000t […]
President Muhammadu Buhari has appreciated Nigerians for the effort they are putting in agriculture, thus improving the economy as the country diversifies form oil to other sectors. Deputy Chairman of the National Food Security Council and Kebbi State Governor, Atiku Bagudu conveyed the President’s appreciation while briefing Journalists after Friday’s meeting of the Council, Presided […]
The Kebbi State Governor, Alhaji Atiku Bagudu, has faulted a report by the United States Department for Agriculture which suggests that the nation had imported rice to the tune of about three million tonnes, saying it was inconsistent with available facts. Bagudu, whose state is one of the largest rice producers in Nigeria, told the […]
ARGENTINA’s wheat exports are set to double over the next decade, potentially challenging Australia’s competitiveness in key markets, according to a new report from the Australian Export Grains Innovation Centre (AEGIC). AEGIC chief economist Professor Ross Kingwell said Argentina was already a world powerhouse of grain exports with wheat poised to take a greater role. […]
In order to awaken the consciousness, knowledge and skill required by Deltans on profitable goat farming under best practice farming system, the Delta State government has commenced the training of farmers in the state for goat farming. Declaring the training open at the Delta State Agricultural and Rural Development Authority (DARDA), Ibusa, the permanent secretary, […]
This was stated by Xiaoxia Dong, General Secretary of the Chinese State Alliance of milk producers, the Director of the magazine “Dairy industry of China”. The expert spoke during the international conference “The Future milk exporters in the global market”, reports The DairyNews from the exhibition EuroTier. According to Xiaoxia Dong, the consumption of dairy […]
The Programme Coordinator, ActionAid Nigeria, Mr Azubike Nwokoye, on Thursday called on the Federal Government to strengthen agricultural extension services in the country. Nwokoye told newsmen in Abuja that plans by the government to distribute drought-resistant seeds to farmers might not yield the desired results without technical support to the famers. The ActionAid […]
One of Australia’s leading grain exporters, GrainCorp, announced a drop of 43.7 percent to full year profits on Thursday, citing an ongoing drought in the country’s east. For the annual period until September 30, revenue was down 232 million U.S. dollars, or 7 percent, from 3.3 billion U.S. dollars to 3.07 billion U.S. dollars, with […]
– The Niger state government has solicited the help of World Bank in the revival of its agricultural endeavours – The appeal to the international bank was made known by Ibrahim Musa, the permanent secretary in the ministry of agriculture and rural development in the state – Musa said that the state needs World Bank […]
International grain markets are making significant moves to ensure they have a sustainable suppliers or customers as some American grain exporters await revamped trade deals. Brazil, for example, is investing to increase its 2018-19 soybean acreage to 36.2 million hectares (89.45 million acres). The goal is to produce up to 120 million tons of soybeans […]
Nigeria’s rice imports will jump 13 per cent next year to 3.4 million metric tons, making Africa’s most populous country the world’s biggest rice importer after China, according to the U.S. Department of Agriculture. The forecast growth is a setback for the Nigerian government, which plans to stop rice imports by the end of this […]
Image: Mynairanaija Nigeria will be the world second largest rice buyer in 2019, United States Department of Agriculture (USDA) has projected. The USDA said in its latest Rice Outlook released on Tuesday. China is predicted to be the world’s largest buyer. According to the report, “on an annual basis, consumption and residual use is projected higher in 2018/19 […]