Big cardamom, a key spice in the global market, is currently facing significant supply disruptions due to adverse weather conditions. Floods and heavy rains in major producing states such as Assam have caused irregular auctions, impacting […]
Khargone Chillies are Seeking New International Markets Beyond Europe
Khargone district’s impressive journey in chilli cultivation is further bolstered by the effective implementation of innovative agricultural practices and technologies. The adoption of the Integrated Pest Management System (IPMS) by Terragleb has not only enhanced the […]
Revolutionizing Cumin Cultivation: Harnessing Microbial Diversity for Sustainable Disease Management and Enhanced Yield
In a pioneering effort at the ICAR-Central Arid Zone Research Institute, researchers have unveiled a groundbreaking microbial consortium aimed at revolutionizing the management of Fusarium wilt in cumin crops. This consortium, meticulously formulated with Trichoderma atrobruneum […]
India’s Spice Export Landscape: Challenges and Strategic Path Forward
India, celebrated as the ‘Spice Bowl of the World,’ has seen a dramatic rise in spice exports over the past decade, highlighting the country’s pivotal role in the global spice market with turmeric as a flagship […]
Spice Market Shake-Up: How Domestic Prices and Global Crops are Reshaping Cumin Exports from India
Recent statistics have uncovered a remarkable shift in India’s cumin exports, with a notable 21% decline in the initial eleven months of the 2023-24 fiscal year. Surprisingly, this downturn is not driven by reduced demand but […]
Cumin Seed Prices Stage Remarkable Recovery, Reflecting Market Dynamics and Supply-Driven Trends
In a notable turn of events, cumin seed prices have undergone a substantial rebound in the agricultural produce market committees (APMCs) of Gujarat, marking a significant recovery from a recent period of decline. The average price […]
“The Future of Indian Spices: Addressing Ethylene Oxide Contamination to Safeguard Global Exports”
Recently, the Federation of Indian Spice Stakeholders (FISS) has issued a grave warning regarding the future of India’s spice exports. On Friday, the organization forecasted that India’s spice exports could drop by nearly 40% in the […]
USDA’s Latest Report Highlights Trends in Soybean Market for 2023-‘24
The USDA’s most recent report, issued on April 11, expects 13 billion pounds of soybean oil to be utilized for biofuel production in 2023-‘24, consistent with earlier projections, with no alterations to the anticipated price of […]
Brazil’s Surging Soybean Exports to China Signal Market Shift
In the opening months of 2024, China’s soybean import landscape experienced a seismic shift, with imports from Brazil skyrocketing by over 200% compared to the previous year. Data from China’s General Administration of Customs (GACC), released […]
Brazil Experiences Double Soybean Exports to the United States
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 […]
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 […]
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% […]
Brazil leads China’s imports of soybeans in 2023: Customs
China imported 69.95 million metric tonne of soybeans from Brazil in 2023, a 28.6% increase from 2022. In December, imports from the South American nation were 4.98 million mt. Even in months when imports of soybeans […]
Rabi Mustard Sowing Update
According to Department of Agriculture & Farmers Welfare, Rabi Mustard 2022-23 acres Scenario As of 12 th January 2024, All India acreage under rabi Mustard stood at 99,579 thousand Ha, up by 2.2% compared to 97,445 […]
US soybean prices fell following Brazil’s rains, and the high dollar
Chicago soybean futures fell 2% on Wednesday due to concerns about supply in Brazil, the country’s largest exporter, while foreign buyers lost interest in American agricultural products due to a strong increase in the value of […]
China restricts imports of soybeans
China is set to decrease its soybean imports, according to the December World Agricultural Supply and Demand Estimates. The decline is not surprising, as horse producers’ margins have been tight which is in line with the […]
Amidst crop insecurity in Brazil, Soy records its first weekly rise in 1-1/2months.
Soy futures in the US have seen their first weekly gain in a half-month due to concerns over Brazil’s crop. On Friday, U.S. soybean futures closed higher in the near-term contract and lower in the deferred […]
The ICE Futures canola market was slightly higher Despite A backdrop of mixed oil outlooks
Despite a backdrop of mixed oil outlooks, the ICE canola market at WINNIPEG, Manitoba-experienced a slight increase On Wednesday. Malaysian palm oil and Chicago soyoil decreased, while European rapeseed increased. Crude oil remained unchanged despite OPEC+ […]
Soybean prices Decline As favorable weather condition benefits Brazil
Brazil’s favorable rainfall caused the Chicago Board of Trade soybean futures to fall, causing concerns about hot, dry weather reducing output in northern and central Brazil. However, the region of concern has decreased, and traders expect […]
Increased Brazilian Soybean Volumes to China in the Dry Bulk Market for 2023
Brazil’s soybean exports to China in the dry bulk market for 2023 have surpassed those of other countries on a monthly basis, with China buying more soybeans from Brazil. However, the freight market sentiment is under […]