Agriculture

India’s tea prices have been soaring and are expected to remain high as heatwaves and floods during the peak harvesting season have slashed output in key producing regions. This is a welcome development for the beleaguered Indian tea industry, which has been struggling with rising production costs amid stagnant tea prices in the past decade. […]

According to agribusiness consultancy AgRural, Brazilian farmers in the country’s key center-south region had harvested 63% of their second corn crop for the 2024 cycle as of last Thursday. This represents a significant increase from the previous week’s figure of 49%, and is well above the 26% seen a year earlier. The rapid progress in […]

The Philippines is looking to boost its cooperation on rice with Vietnam in order to ensure food security for its growing population. This was expressed by Philippine Agriculture Secretary Francisco Tiu Laurel during his recent visit to Vietnam’s Mekong Delta province of An Giang, a key rice-producing region. Vietnam is the world’s third-largest exporter of […]

According to the Brazilian grains traders lobby Anec, corn exports from Brazil are expected to pick up pace in July, reaching an estimated 3.4 million metric tons. This would represent a 2.4 million ton increase compared to June. The rise in corn exports comes as the soy export season is losing momentum. Soybean shipments are […]

According to a Reuters survey, palm oil inventories in Malaysia are projected to increase for the third consecutive month in June. The survey polled 12 traders, planters, and analysts. The key findings are: Palm oil stocks in Malaysia were estimated to reach 1.83 million metric tons, up 4.53% from May-end. Exports of palm oil products […]

The Chinese government has launched an investigation into pork imports from the European Union, stating that the probe will aim to protect the rights and interests of “stakeholders”. According to the spokesperson for China’s commerce ministry, He Yadong, the investigation was initiated following a request from the domestic industry. The probe will look into pork […]

The China Meteorological Administration (CMA) has issued a warning that the prolonged heatwave expected in China’s eastern, central and southern regions in July could potentially damage the production of rice and cotton crops. According to the CMA, summer temperatures in regions including Zhejiang, Jiangxi, Hunan, Fujian, Guangdong, Guangxi, Gansu and Ningxia are expected to be […]

According to European traders, Tunisia’s state grains agency has issued an international tender to purchase an estimated 100,000 metric tons of soft milling wheat. The origin of the wheat is optional, and the deadline for submission of price offers is Thursday, July 4. The soft wheat is sought in four consignments of 25,000 tonnes, with […]

The U.S. Food and Drug Administration (FDA) has announced that it will revoke the regulation that authorized the use of brominated vegetable oil (BVO) in food items, effective August 2nd, as it is no longer considered safe for use. BVO is a chemical ingredient containing bromine, which is found in fire retardants. Small quantities of […]

According to experts, Latin America and the Caribbean should prepare for the arrival of La Niña, a climate pattern that is expected to fuel a highly active hurricane season in the Atlantic and greater climate variability across the region. The World Meteorological Organization organized a webinar on the threat of La Niña, as Hurricane Beryl, […]