Agriculture

Facing a significant rice shortage due to extreme weather conditions that devastated last year’s crop, Japan is investing in the development of heat-resistant rice varieties. Last summer’s high temperatures and drought led to a drastic reduction in rice yields, resulting in the lowest inventories in 25 years. The local government in Saitama is spearheading efforts […]

Egypt is undertaking its largest-ever wheat tender, seeking 3.8 million metric tons, nearly 20 times its usual volume, driven by food security concerns following an intelligence briefing to President Abdel Fattah al-Sisi. As one of the world’s largest wheat importers, Egypt relies on the grain for subsidized bread, crucial for maintaining social stability. In June, […]

GRM Overseas, India’s third-largest rice exporter, announced on Wednesday that it has acquired a 44% stake in Swmabhan Commerce, the parent company of instant coffee brand Rage Coffee. This strategic move marks GRM’s entry into the new-age consumer brand market, with plans to invest approximately 2 billion rupees (nearly $24 million) in various direct-to-consumer brands. […]

Authorities in Brazil are investigating the recent fires that ravaged sugarcane fields in Sao Paulo state, with the organized crime gang Primeiro Comando da Capital (PCC) emerging as a prime suspect. Some of the individuals arrested in connection with the fires claimed ties to PCC and stated that the arson was a retaliation against government […]

Germany’s agriculture ministry has projected that the country’s wheat harvest for 2024 will decrease by 12.7%, totaling approximately 18.80 million metric tons. This decline is attributed to adverse weather conditions, particularly repeated summer rains that affected harvesting operations. Overall, the 2024 grain crop across all types is expected to fall by 7.2%, amounting to around […]

The U.S. Department of Agriculture (USDA) announced that genetically modified HB4 wheat, developed by Argentina’s Bioceres Crop Solutions, may be safely grown and bred in the United States. However, Bioceres must complete additional field trials and regulatory steps before it can commercialize the crop, which is designed to tolerate drought. This USDA finding brings genetically […]

Jordan’s state grains buyer has successfully purchased approximately 60,000 metric tons of hard milling wheat in an international tender. The wheat is set to be sourced from optional origins, with the deal believed to have been secured from trading house Ameropa at an estimated cost of $254.50 per ton, including freight, for shipment scheduled in […]

Ghana has implemented a temporary ban on the export of grains such as maize, rice, and soybean to ensure sufficient domestic supply amid near-drought conditions disrupting crop production. The agriculture ministry announced this decision on Monday. Rainfall in northern Ghana has been erratic and significantly lower than last year over the past two months, severely […]

Two of Brazil’s largest sugar and ethanol producers disclosed initial damage estimates from recent fires that devastated sugarcane fields in Sao Paulo state, the country’s leading sugar-producing region. The fires, which have been attributed to suspected arson, spread rapidly due to extremely dry conditions, affecting thousands of hectares of cane fields. Raizen SA, Brazil’s largest […]

Argentine farmers are expected to increase soybean planting in the 2024/25 season, reducing the area allocated to corn. This shift comes in the wake of a devastating insect plague that impacted last year’s corn harvest and more favorable rain forecasts for soy. Analysts predict this trend could lead to the largest expansion in soybean planting […]