Agriculture

China, a major global buyer of agricultural commodities, has taken its first steps towards more sustainable sourcing of farm products, led by its state-run food group COFCO International. COFCO International recently landed its first cargo of deforestation-free soybeans at the port of Tianjin, marking a milestone in China’s shift towards greener agricultural imports. The 50,000 […]

An Egyptian company has sent the Russian government a feasibility study for the construction of a grain hub in Egypt that could store and process Russian grains. The proposal was made by Egyptian Trade Minister Ahmed Samir, who told Russian news agency RIA that the hub could be built in Port Said, Damietta or Sokhna. […]

According to analysts at Rabobank, Australia’s 2024/25 wheat harvest is expected to be slightly bigger than last year’s, thanks to an increase in the planted area. However, the country’s barley and canola outputs are likely to fall compared to the previous season. Rabobank’s projections indicate that Australia will harvest 27.4 million metric tons of wheat […]

Consultancy Strategie Grains has cut its forecast for this year’s rapeseed output in the European Union by 180,000 metric tons to 17.94 million tons, which is now 10% below last year’s harvest. The downward revision is due to wet weather in France, the EU’s largest rapeseed grower, and late frosts in central European countries. Heavy […]

Rain in parched areas of Western and South Australia, and more expected in the coming days, could add as much as a million tons to the country’s wheat harvest, according to analysts. The larger wheat production would help boost global supply after crop losses in Russia pushed Chicago futures prices to 10-month highs. Australia is […]

Chicago wheat futures gained ground on Friday after a two-day fall, as the market grappled with weather prospects in leading exporter Russia, where reduced harvest forecasts had pushed prices to a 10-month high earlier this week. Corn and soybean futures also rose after losses this week, amid favorable U.S. crop prospects. The most-active wheat contract […]

China’s flagship food group COFCO International has landed its first cargo of deforestation-free soybeans for domestic use, marking a milestone for a country that has traditionally prioritized price over sustainability in its farm imports. China is a major buyer of agricultural goods, including soybeans and beef, which are drivers of global deforestation, but has lagged […]

The condition of French soft wheat continued to deteriorate last week as wet weather persisted in crop belts, with the share of the crop in good or excellent condition falling to the lowest level this growing season and remaining at a four-year low. Grain crops in France, the European Union’s largest producer, have suffered from […]

The U.S. Department of Agriculture (USDA) has proposed allowing farmers to bulk test the milk of their dairy cows for bird flu, rather than having to test milk from individual cows, before gaining approval to ship them across state lines. This proposal comes as the spread of the H5N1 avian influenza virus to cattle and […]

India’s all-important monsoon rains have arrived two days earlier than expected, hitting the coast of the southernmost state of Kerala on Thursday. This early arrival offers respite from a grueling heat wave and boosts prospects for bumper harvests in the coming season. The summer monsoon rains are critical to India’s economic growth, as they provide […]