Browsing tag

News

agro news

Flood destroys 280 hectares of rice farms in Edo – RIFAN Chairman

Diris Abdulsalam, chairman of the Nigerian rice farmers ’association, told reporters on Thursday in Benin that farmers close to the state’s river areas were flooded. Flooding destroyed 280 hectares of rice farm in Iguarih and Iguomo in northeastern Ovia and the southwestern areas of Ovia state local government in Edo state.As the chairman of the […]

Zero Hunger By 2030; States, LGAs To Invest 5% Of Their Budgets In Agric

Zero Hunger 2030: The federal government has asked states and local governments to invest at least five percent of their budget in agriculture to achieve zero hunger by 2030. Senator Heineken Lokpobiri, Minister of State for Agriculture and Rural Development, appealed to a symposium to celebrate World Food Day 2018 in Abuja on Thursday. Lokpobiri […]

Al Dahra acquires Serbian group for $172m

Al Dahra, a UAE-based international conglomerate, specialising in the agribusiness, has signed an agreement to acquire acquiring the assets of PKB Korporacija and its subsidiaries in Serbia for Euro 150 million ($172 million), through an asset sale model transaction. The acquisition is being undertaken as a result of Serbia’s objective to privatise PKB Korporacija, and […]

AIICO Insurance unveils new initiative to boost Agriculture, economy

Insurance Plc, on Wednesday launched its new product aimed at strengthening the agricultural sector. Mr Edwin Igbiti, managing director of AIICO, said at the launch of AIICO Agriculture Insurance in Lagos that this would contribute to the growth of agricultural production, economic development and employment in the country. File: farmers Igbiti said the move was […]

Agriculture Will Ensure Food Security, Provide Employment – Ajimobi

On Thursday, Oyo Governor, Senator Abiola Ajimobi reaffirmed the importance of agriculture in state-building, stating that he has the ability to ensure food security and provide jobs. Speaking at the opening ceremony of the first Summit and Oyo State Agriculture Exhibition with the theme: “Transforming the Agriculture and Agri-Union Industry of the State of Oyo: […]

As Trump settles scores with China, American farmers pick up tab

While the new U.S.-Canada-Mexico trade deal brought some signs of relief to American farmers, most of the heartland economy is still suffering from the blow of Donald Trump’s trade war with China. Take for instance April Hemmes, who grows soybeans and corn on 1,000 acres in Iowa. She locked in prices for half of her […]

Australian barley tops the charts in Chinese market; solid destination for wheat

AUSTRALIAN barley’s dominant position in the Chinese market is set to continue and Australia’s substantial share of the Chinese wheat market also remains strong, although facing competition from North American suppliers. That was the message COFCO International Australia chief executive officer, Yebin “Bruce” Li, presented to the Grain Industry Association of Western Australia (GIWA) forum in […]

Malaysia. Govt asked to reduce 5% sales tax on oil palm FFB

Palm oil producers have asked the government to reconsider and review the imposition of a 5% sales tax on fresh fruit bunches (FFB) for the palm oil industry as they are already paying several other types of taxes. The producers, through the Malaysian Palm Oil Association (MPOA) highlighted in a statement that the industry is […]

Egypt purchased wheat from Russia in a tender

On October 18, Egypt purchased 180 KMT of milling wheat from Russia to be delivered on December 1–10, 2018 at an average price of USD 253.24/MT C&F. The price in the previous tender equaled USD 244.32/MT C&F, reports UkrAgroConsult. The purchase included the following:   Quantity, KMT Origin Shipper FOB ($) Freight ($) C&F ($) […]

Economic lessons from vegetable farmers of the LASU gate

Mohammed on his farmland at the gates of LASU. Insert: vegetable farmers prepare PHOTO beds: FEMI IBIROGBA Once again, the revelations of small-scale vegetable growers in the Ojo region in Lagos confirmed the empowerment of agriculture. This set of urban farmers, rather than imposing a burden on society, believes in the dignity of work, the […]

‘Poverty level affects cocoa products consumption, industry’

Professor Acoroda Professor Malaki Akoroda, the immediate executive director of the Cocoa Research Institute of Nigeria (KRIN), is in the Department of Agronomy at the University of Ibadan. He talks about the problems of the cocoa industry and the way forward. FEMI IBRORGBA Nigeria has set a goal to increase the production of cocoa beans […]

Nigeria’s food security efforts under threat, says FAO

The Food and Agriculture Organization (FAO) expressed concern that the increasing incidence of floods, conflicts, and climate change are obstacles to the efforts of the federal government to achieve zero hunger by 2030. The representative of the FAO country Sufyan Koroma, who spoke about this at a rally on World Food Day in 2018 on […]

Odu’a declares N698m profit, cultivates tomatoes

tomatoes Odu & a; 39; a Investment Company Ltd announced N698 million as profit before tax for the fiscal year ended December 31, 2017. The company, owned by Oyo, Ogun, Osun, Ondo and Ekiti, also approved the payment of N277.78 million in dividends. The company's group chairman, Mr. Olusola Akinvumi, speaking at the company's annual […]

ARMTI trains 200 value chain developers

The Institute of Agriculture and Agriculture (ARMTI), the state of Ilorin, the state of Kwara, has trained more than 200 agricultural officials to add value to agricultural products in the six geopolitical zones of the country. The Acting Executive Director of the Institute, Dr. Olufemi Oladunni, said that this program contributed to enhancing the federal […]

Floods heighten tension over possible rice shortage

For many farmers, the 2018 farming season is a memory of the experience of 2012, when massive flows destroyed thousands of hectares of agricultural land. Currently, flood catastrophes across the country are sending alarming signals, which are still being received in rice production, will be canceled, since the biggest producing belts have the worst success. […]