Agriculture

French sugar cooperative Tereos expects to crush about 21 million metric tons of sugarcane in Brazil during the 2024/25 harvest, maintaining the record level from 2023/24.This is despite the drought in Brazil’s key sugarcane production area, the center-south region.Tereos will achieve this by retaining all its production rather than selling part of it, as it […]

Vietnam, the world’s second-largest coffee producer, has been hit hard by the worst drought in nearly a decade, raising concerns about higher global espresso prices.Domestic forecasts expect a 10-16% drop in Vietnam’s next coffee harvest due to the extreme heat that hit the Central Highlands region.However, some Vietnamese coffee farmers have found ways to maintain […]

India has imposed limits on the wheat stocks that traders can hold, as wheat prices have been rising in recent weeks due to supply concerns.The government may consider reducing or abolishing the 40% import duty on wheat to allow private traders and flour millers to import the grain, potentially from major exporters like Russia.This is […]

Forecast dryness in the Black Sea region, a major breadbasket, is likely to stunt sunflower and corn yields.Heavy rains in the U.S. Midwest after near-record temperatures threaten to impact crop output.These weather extremes are impacting major global growing regions, including Russia, China, India and the U.S.Global wheat prices recently hit a 10-month high due to […]

Russian Agriculture Minister Oksana Lut stated that the harsh frosts did not have a significant impact on Russia’s grain harvest volumes, as the country was able to reseed most of the affected farmland.Lut said the ministry maintains a forecast of 132 million metric tons for the grain harvest in 2024, with 86 million metric tons […]

Record high temperatures and drought have hit key grain-producing regions in northwest and east China during the crucial corn sowing season, threatening to curb production.Farmers in Shandong province are struggling to irrigate their parched corn fields, with one farmer having to collect water from a wastewater pipe.China, the world’s second-largest corn producer and top importer, […]

China has published new regulations to stabilize the production of beef cattle as the industry faces declining prices and heavy losses, the country’s agriculture ministry announced on Friday. The ministry noted that since the beginning of this year, the prices of live cattle and beef have continued to fall, leading to farms suffering losses and […]

Indian Prime Minister Narendra Modi is facing a policy challenge after losing ground in the recent election: how to control food inflation without resorting to export curbs and more imports, which have angered the country’s sizeable farming community, an important voting bloc. While Modi’s Bharatiya Janata Party (BJP) managed to retain power in a coalition […]

In a move to further integrate Ukraine into the European Union’s economic space, Ukraine and the European Commission have agreed to extend their freight liberalisation agreement for another year. According to Ukraine’s Prime Minister Denys Shmyhal, the agreement allows Ukrainian cargo to enter the EU market permit-free, with the possibility of an automatic extension until […]

In a remote, forested region of Indonesia’s Papua province, the indigenous Awyu tribe is engaged in a high-stakes legal battle against major palm oil companies over the fate of their ancestral lands. At the center of the dispute is a vast 270,000-hectare palm oil concession bloc, divided into seven separate concessions. Three of these concessions […]