In 2023, Brazil reached a record-high soybean export of 3.74 billion bushels, a 29% increase from the previous year. This surge coincided with Brazil’s record-high level of production. The United States experienced a 14% decline in […]
India to start wheat procurement in March.
India plans to begin wheat procurement on March 1st and aim to acquire 114 lakh metric tons (LMT) of wheat this season. While the administration is still hopeful that problems with the protesting farmers will be […]
Brazil And Argentina Retain Their Worldwide Soybean Market Share
Brazil and Argentina are expected to maintain their positions in the global soybean market this year. Although Brazil’s harvest is projected to slightly decrease from last year’s record crop, Argentina is forecasted to double its soybean […]
Govt extends 20% export tax on parboiled rice until further order.
The Indian government decided on Wednesday to keep the 20% export tax on parboiled rice in effect past March 31. In August of last year, the government levied a 20 percent tariff on the export of […]
The government will begin buying maize from farmers at a guaranteed price for distillers.
The standard operating procedure (SoP) for the government’s plan has been released. According to it, cooperatives like NAFED and NCCF would contract with distillers to guarantee a supply of maize at ₹2,291 per quintal for the […]
The nation blends 11.20% ethanol; updated contracts and allocations are the main focus
The country has effectively attained an ethanol blending rate of 11.20% as of February 4, 2024. The current Ethanol Supply Season began on November 1, 2023, and the revised allotment for ethanol deliveries from (Sugar) molasses-based […]
U.S. Weather Forecaster Predicts La Nina Pattern Following Transition from El Nino in 2024, Impacting Global Agriculture and Monsoon Season
La Nina means colder-than-usual temperatures in the Pacific Ocean near the equator and often brings floods and droughts. The National Weather Service’s Climate Prediction Center (CPC) mentioned that although predictions made during spring are not always […]
Summer Maize sowing area increased by 2%:
According to Department of Agriculture & Farmers Welfare, the area under Summer maize is increased by 2 percent to 2,308 thousand hectares as against 2,262 thousand hectares sowed during the same period last year. Bihar, stands […]
Summer rice sowing area decreased by 2.7%:
According to Department of Agriculture & Farmers Welfare, the area under Summer rice is decreased by 2.7 percent to 3,929 thousand hectares as against 4,037 thousand hectares sowed during the same period last year. Telangana stands […]
Brazil’s Soybean Harvest for 2023–2024 Is 11%, Up from 5% Last Year
Recent rainfall in northeastern and northern Brazil has increased soil moisture but also hindered the drying out and harvesting of soybeans. As of late last week, 11% of Brazil soybeans had been harvested, up from 5% […]