Agriculture

China’s Ministry of Agriculture announced on Friday that prices for the country’s agricultural products are anticipated to gradually stabilize and recover, with a corresponding improvement in demand. The ministry also highlighted that China is poised for a bumper harvest this year, driven by favorable trends in summer grains and oilseed production.

Nonghyup Feed Inc. (NOFI), a prominent South Korean animal feed maker, has reportedly acquired an estimated 137,000 metric tons of animal feed corn in an international tender. The purchased corn is scheduled for arrival in South Korea in August and is expected to be sourced optionally from the United States, South America, or South Africa. […]

Following two consecutive years of reduced crop yields, Indian wheat stocks held in government warehouses have reached their lowest level in 16 years. In response to this decline, New Delhi has undertaken record sales to bolster domestic supplies and mitigate local price increases. As of the beginning of April, wheat reserves in state stores stood […]

The U.S. Department of Agriculture (USDA) has projected that Australia’s sugar production is likely to rise to 4.2 million metric tons in the 2024/25 marketing year, up from an estimated 4.1 million tons in 2023/24. The anticipated increase in production is attributed to a projected small rise in sugar cane harvest area and a modest […]

As Texas farm groups anticipate a challenging season ahead for citrus and sugar crops, a dispute between Mexico and the United States over a long-standing water treaty intensifies. The 1944 treaty, which allocates shared water resources, mandates that Mexico deliver 1.75 million acre-feet of water from the Rio Grande to the U.S. over a five-year […]

JDE Peet’s, a major player in the global coffee industry, has voiced apprehension regarding the sector’s ability to comply with a new EU law prohibiting the import of commodities linked to deforestation worldwide. The law, set to take effect at the end of 2024, mandates that EU importers of coffee, cocoa, cattle, palm, and other […]

Paraguay is poised for a record soybean harvest, but exporters are facing concerns over low river levels that are impeding shipments along the crucial Paraguay-Paraná waterway. A drought in central-west Brazil has led to reduced water levels downstream, particularly impacting the Paraguay River, the primary channel for the landlocked country’s grains exports. Industry sources and […]

FranceAgriMer, the farm office, has made adjustments to its forecasts for French soft wheat and barley in the 2023/24 season. The projection for French soft wheat exports outside the European Union has been revised down to 10.00 million metric tons from the previous estimate of 10.15 million, while the forecast for soft wheat shipments within […]

Zimbabwe is targeting a 33% increase in wheat plantings this year, despite the impact of the El Nino weather phenomenon on the rainfall season, according to a government official. The country typically grows wheat during the southern hemisphere winter, starting around May, with the entire crop being irrigated using dammed water. Amid significant maize import […]

Ukraine’s grain exports for the July-June marketing season of 2023/24 have reached nearly 38 million metric tons as of April 15, according to data from the agriculture ministry. This represents a decrease from the 39.7 million metric tons reported at the same time the previous year. The exports for the current season have comprised 14.8 […]