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agro International news
As part of the determined action to improve Egypt’s food security and wheat supplies, the government is setting a program to achieve food security, raise wheat storage capacity, ensure availability of wheat consumption and increase the efficiency of distribution. The program aims to achieve self-sufficiency in the basic food commodities and reduce Egypt’s dependence on […]
Today, September 5, 2018, GASC will hold a milling wheat tender for delivery on October 21-30, 2018, reports UkrAgroConsult. In the last tender of August 28, 2018, Egypt purchased 350 KMT of milling wheat from Russia and Ukraine at an average price of USD 241.23/MT C&F for delivery on October 11 – 20, 2018. More […]
To cope with a sudden spike in wheat prices, the world’s biggest importing nation is considering an unusual tactic: price hedging. Egypt, which relies on subsidized wheat to feed millions of people, is in the early stages of discussing a plan to hedge against price increases, according to Finance Minister Mohamed Maait. The country is […]
The National Food Authority (NFA) is importing an additional 133,500 metric tons (MT) of rice for Zamboanga, Basilan, Sulu, and Tawi-Tawi (Zambasulta). In an emailed statement on Tuesday, the NFA said the importation intends to boost the remaining supply stock in the area. “Delivery for the 33,500 MT is set for September 15-30 and 100,000 […]
Cash indications in the FOB Up River Argentina corn market have dried up as market participants digest the changes to the country’s export tax regime and fluctuations in the country’s currency, market sources have told Agricensus Tuesday. Cash brokers and physical traders across South America and Asia are struggling to get to grips with the […]
Taiwan’s Council of Agriculture (COA) found 292 cases of meat smuggling, including raw pork from China in August alone, amid fears of an epidemic of African swine fever (ASF) spreading from the country. COA’s Deputy Minister Huang Chin-Cheng said authorities are concerned that ASF could spread to the local hog farming sector. The 292 cases […]
Make sure you start a new oilseed season effectively at the VI International Conference “Black Sea Oil Trade-2018” – a key event of the Black Sea oilseed market, to be held on September 20, 2018 in Hilton hotel, Kyiv, Ukraine. Market operators from 20 countries are already on board! Participant list is available ONLINE. The […]
AUSTRALIAN grain growers could receive a $150 million windfall due to increased access to markets as a result of the newly inked Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA) free trade agreement (FTA). The gains are likely to be made in the area of feed grain, with a key plank of the FTA that Australia be […]
HIGH rice prices may have no basis at this time, given the low price of rice in the international market, according to a former agriculture secretary. In a briefing on Monday, House Deputy Speaker Arthur C. Yap, who was agriculture chief during the Arroyo presidency, said international rice prices are currently at $350 to $400 […]
Argentina has overhauled its export regime for grains, oilseeds and any derivative product on Monday after President Mauricio Macri said he would ask exporters who have benefitted from a collapse in the peso to do more to help the country eliminate its primary fiscal deficit next year. The measure, at current exchange rates, effectively introduces […]
Illegal pork shipments from Thailand has affected the domestic meat market in Myanmar. Myanmar Livestock Federation joint secretary U Zaw Myo Tun said the country’s swine industry is being challenged because of developments in Vietnam and Thailand. “The slaughterhouses do not buy the pigs from us, as supply from Thailand is half of what our […]
British sugar farmers are calling on the Government to maintain the EU’s import tariffs and quotas in order to protect their businesses after Brexit. Unilaterally reducing tariffs to zero in a no-deal scenario would put the 3,000 jobs which depend on growing sugar beet in the UK at threat, farmers and economists have warned. Michael […]
A drought that singed parts of Canada’s prairies will crimp wheat and canola output more than expected by analysts, government data showed, sending crop futures to one-week highs. Parts of Canada, one of the world’s top wheat exporters and the top canola producer, suffered from lower-than-average precipitation and high temperatures, eroding yields, the government said. […]
A WET end to winter has firmed the chances of a Statewide grain harvest that will go down in the record books, pumping more than $6 billion into the WA economy. On the first day of spring yesterday, WA Farmers president Tony York said crops were powering ahead thanks to more good rainfall across much […]
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 […]