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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 […]
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 […]
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 […]
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 […]
On August 28, Egypt purchased 350 KMT of milling wheat from Russia & Ukraine to be delivered on October 11 – 20, 2018 at an average price of USD 241.23/MT C&F. The price in the previous tender equaled USD 249.10/MT C&F, reports UkrAgroConsult. The purchase included the following: Quantity, KMT Origin Shipper FOB ($) Freight […]
Malaysia’s palm oil output is expected to drop to 19.8 million tonnes in 2018 as compared to 19.92 million tonnes recorded in 2017 due to lower yields, said Oil World executive director Thomas Mielke. “Yield trend is declining. There was a strong recovery seen in production last year and the first four to five months […]
Rice imports nosedived in the past two months and the US Department of Agriculture (USDA) predicted total import would dip to 6 lakh tonnes in 2018-19 due to higher production in boro season and reinstatement of import tariff. The private and public sectors imported 38.92 lakh tonnes of rice in July-June of 2017-18, the highest […]
Food grain production in the country in 2017-18 crop year will be a record 284.83 million tonnes as per the fourth advanced estimates issued by the Agriculture Ministry on Tuesday. Union Agriculture Minister Radha Mohan Singh said rice output would be 112.91 million tonnes and that of wheat 99.70 million tonnes. “I am happy to […]
WHEAT. During August 16-22, CBOT wheat prices lost 1.16%, reports UkrAgroConsult. The main bearish factors were as follows: – rains in the US winter wheat producing regions before the sowing season; – less fears about Russian grain export restrictions; – good spring wheat conditions in the USA. The share of spring wheat in good and […]
According to the Statistics Committee under the Economy Ministry of Kazakhstan, oilseed plantings for the 2018 harvest in the country expanded by 14% versus 2017, to a record 2.838 Ml ha, report UkrAgroConsult’s analysts. Oil flax accounts for the largest portion of their total acreage. So, 1.1 Ml ha was seeded to this crop in […]
“For seven months of this year, production increased by about 1.3%. While maintaining the current pace until the end of the year, we plan that the total milk collection will be 31 million 630 thousand tons”, said Deputy Director of the Department of food and processing industry of the Ministry of agriculture Vladimir Skvortsov in […]
The amount of US corn inspected for export in the week ended August 23 was at 1.245 million mt, up 13.5% compared with 1.096 million mt inspected in the previous week, data from the Department of Agriculture showed Monday. The amount of corn inspected was 49% higher than the 853,796 mt in the year-ago week, […]
[ad_1] Trade Minister Enggartiasto Lukita said on Monday that the government had reaffirmed its plan to import 2 million tons of rice this year to assure the availability of the commodity in the market. He said the decision to import 2 million tons of rice was made during a coordination meeting among relevant ministries and […]
[ad_1] The government has bought more than 9.2 million tons of wheat from local farmers in 31 Iranian provinces in the current fiscal year (started March 21), which indicates a 5% increase compared with the similar period of last year. “The harvest season is not yet over but this year’s purchased amount has already exceeded […]
[ad_1] According to market participants, the Egyptian state buyer GASC has issued a tender to purchase 40 KMT of soybean oil (30 KMT for US Dollars and 10 KMT for Egyptian pounds) and 15 KMT of sunflower oil (10 KMT for US dollars and 5 KMT for Egyptian pounds), reports UkrAgroConsult. The vegetable oils are […]