Agriculture

Argentina’s Soy Harvest Faces Threat from Heavy Rains

Argentina’s agricultural heartland is facing concerns over potential delays and production losses in the ongoing soybean harvest due to prolonged and heavy rainfall, according to the Rosario grains exchange. The recent downpours, with some areas receiving up to 140 millimeters, have hindered the drying process in many regions, prompting worries about the soybean harvest. The […]

US Winter Wheat Ratings and Spring Crop Planting Progress

The U.S. Department of Agriculture’s (USDA) weekly crop progress report revealed that 55% of the U.S. winter wheat crop was rated in good-to-excellent condition, marking a slight decrease from the previous week. Despite the dip, these ratings are the highest for this time of year since 2020, indicating a relatively strong condition for the winter […]

Ukraine Forecasts 10% Decline in 2024 Grain Crop to 52 Million Tons

Ukraine’s farm ministry has projected a decrease in the country’s grain harvest to approximately 52 million metric tons in 2024, down from 58 million tons in 2023. The anticipated decline is primarily attributed to an expected reduction in the sowing area, with the ministry forecasting a 4.5% decrease in the sowing area for corn to […]

India Forecasts Above-Average Monsoon Rains, Providing Boost to Crop Output and Economy

India has forecasted above-average monsoon rainfall in 2024, which could potentially provide a significant boost to the country’s agricultural sector and broader economy. The monsoon, which delivers nearly 70% of the rain required for crop irrigation and reservoir replenishment, is crucial for India’s agricultural output, particularly for the nearly half of farmland that relies solely […]

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