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agro news
Australia has lowered its wheat production forecast by 11% to the smallest in a decade amid a crippling drought across the country’s east coast that may cut exports from the world’s fourth biggest supplier. Wheat production during the 2018/19 season will total 16.95-million tons, the Australian Bureau of Agricultural and Resource Economics and Sciences (Abares) […]
Justin TALLIS The European Union (EU), Oxfam in Nigeria, Development Exchange Center (DEC) and the Taraba State government are collaborating on a new initiative aimed at increasing the productivity and income of farmers in the state. The project, launched in Jalingo, will target about 300,000 people in 30,000 farming households in Donga, Wukari, Ardo Kola, […]
Kehinde Makinde To increase productivity of Nigerian farmers, the Alliance for Green Revolution in Africa (AGRA) has invested about $30 million in good quality seeds in Nigeria. The Country Representative of AGRA, Kehinde Makinde, disclosed this in Abuja during an exploratory meeting on the sustainable Foundation Seed Supply in Nigeria, organised by AGRA, in partnership with […]
[FILE PHOTO] Farm land A key player in the agricultural sector of the Nigerian Stock Exchange (NSE), Presco Plc, has emerged winner of the Agriculture Company of the year 2018. At a ceremony at Eko Hotels in Lagos, the Board of Governors of Pearl Awards, organisers of the event, also announced the Managing Director of […]
Brazilian sugar companies are increasing their capacity to produce ethanol in the face of depressed global sugar prices and government policies expected to boost demand for the biofuel. A shift to ethanol in the 2018-19 season slashed Brazil’s sugar output by 9 million tonnes to a 12-year low and more switching to the biofuel next […]
Soybeans weren’t on the menu, but it looks like President Donald Trump’s dinner date in Buenos Aires with his Chinese counterpart Xi Jinping gave the market the jolt it’s been desperately looking for. Futures jumped after trading in Chicago began on Sunday. The White House said in a statement that China will start buying U.S. […]
…agro produce to sell at lower prices The Edo State Government has said that its Food and Agro Fair will hold in Benin City, the state capital, from December 10 to 20 and will ensure that farmers sell food items directly to consumers at affordable prices during the Yuletide season. Commissioner for Wealth Creation, Cooperatives […]
Malaysia extended its zero export tax on palm oil until January 1, 2019, reports UkrAgroConsult. The export tax on crude palm oil at zero percent has been applied since September 2018. It equaled 4.5 percent in August. Reference price of palm oil in December will be MYR 1975.5/MT (USD 471.37/MT). If its price exceeds MYR […]
The Economic Coordination Committee (ECC) on Friday accorded an approval to gift 40,000 metric tons of wheat to Afghanistan. Finance Minister Asad Umar chaired a meeting of the ECC which agreed to gift wheat worth Rs1.73 billion to Afghanistan. The ECC also approved the release of funds to the Pakistan Poverty Alleviation Fund (PPAF) for […]
The executive director, National Agricultural Extension and Research Liaison Services ( NAERLS), a university-based institute, under the Ahmadu Bello University, Zaria and Ministry of Agriculture and Rural Development, Prof Mohammed Khalid Othman, in this exclusive interview with LEADERSHIP FRIDAY has revealed that the National Farmers’ Helpline, created by the institute, is fully operational in-spite of […]
Focus on agriculture rather than risk illegal migration, Dabiri-Erewa urges youths We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok Source link
Malaysia maintained its export tax on crude palm oil for December at zero percent, according to a circular on the Malaysian Palm Oil Board’s website, citing the national customs department. The export tax was at zero percent in November. Malaysia is the world’s second-largest producer of palm oil. The Southeast Asian nation calculated a palm […]
The Egyptian state buyer GASC purchased 10 KMT of sunflower oil and 40 KMT soybean oil in a tender held on November 28, 2018, reports UkrAgroConsult. According to market participants, the sunflower oil was bought from ADM (10 KMT at a price of USD 673/MTm with a 180-day payment delay), the soybean oil was bought […]
The Governor of Ekiti State, Dr Kayode Fayemi, said that access to finance was one of the most critical factor to the growth of the agriculture sector Nigeria. Fayemi said this at the opening of the two-day Agra Innovate West Africa Exhibition and Conference at the Landmark Centre, Victoria Island, Lagos. “Of all the factors […]
Tayo Adewunmi, the National Project Coordinator of Fadama III, Additional Financing (AF), has appealed to Adamawa government to pay its outstanding counterpart contribution to the Fadama projects in the state or risk losing the support of the world bank. Adewumi expressed disappointment that till date, the state government had not paid the counterpart fund. “The […]