US corn and soybean stocks hit record highs

US corn and soybean stocks hit record highs

Corn stocks to exceed 2 billion bushels US farmers expect a record harvest in 2023, which will boost US corn and soybean stocks. The increase in stocks will affect prices for these crops in 2024. Despite good expectations for corn and soybeans, the outlook for wheat is less optimistic. Grain stocks in the country have […]

Canada’s main cereal crops and their contribution to the local economy

Canada’s main cereal crops and their contribution to the local economy

Which crops are considered strategically important to Canada Cereal crops and their production are an important industry for Canada. It provides people with stable jobs and boosts the country’s economy. Over three years, crop production has added 69 billion Canadian dollars to the budget. The figure shows the economic impact in general terms. It considers […]

USDA: Thailand’s rice cultivation to rise and the world’s to fall

USDA: Thailand’s rice cultivation to rise and the world’s to fall

Rice cultivation: USDA forecasts for the season The US Department of Agriculture has published crop production projections. According to the document, rice cultivation in Thailand will reach 20.4 million tonnes in 2023. This figure exceeds the previous period’s results by 1%. It is the highest in the last five years. Experts note that the country […]

Syngenta unveils wheat hybrids to be grown in the US

Syngenta unveils wheat hybrids to be grown in the US

New wheat hybrids yield 10-12% more than traditional varieties Wheat is the most consumed crop in the world. However, due to climate change and breeding, modern varieties are becoming less resistant to weather conditions and diseases. For this reason, scientists are actively developing new wheat hybrids. It will give good yields in conditions of drought […]

Why soybeans are important to South Korea: plans to boost production

Why soybeans are important to South Korea: plans to boost production

Soybeans: an overview of production in South Korea and the world Soybeans are increasingly in demand on the global market, encouraging many countries to increase their production. USDA analysis shows South Korea’s soybean crop will increase in the coming years. However, during 2023 and 2024, oilseed production will remain at the same level as in […]

FAO: world grain harvest will be lower than in 2022

FAO: world grain harvest will be lower than in 2022

World grain harvest: forecast for 2023 FAO presented its forecast for the agricultural market. According to it, the world grain harvest in the 2022-23 marketing year in cash equivalent will amount to about 2.8 billion dollars. This figure is 1.7% lower than last season’s results. The main factor in the decline is the reduction in […]

Exotic wheat: British scientists experiment with grain varieties

Exotic wheat: British scientists experiment with grain varieties

Exotic wheat was bred by crossing a traditional variety with a wild Wheat is the most sought-after crop on the world market. However, its yields are declining due to climate change and environmental problems. Breeding has made the plant less resistant to external factors and aggravated the situation. Therefore, one of the main tasks of […]

USDA: Brazil’s soybean crop will decline in the 2022-23 season

USDA: Brazil’s soybean crop will decline in the 2022-23 season

Lack of rain negatively affects Brazil’s soybean crop The U.S. Department of Agriculture has released projections for global agricultural markets for the 2022-23 season. Brazil’s soybean crop is expected to reach a record high. Production should reach 153 million tons, with about 3.5 tons of beans harvested per hectare. At the same time, experts predict […]

Australian agriculture expects record profits

Australian agriculture expects record profits

Australian agriculture boosts production thanks to the weather For the past few years, agriculture in Australia has been highly productive. The main reason for successful seasons is favorable weather conditions, which please local farmers in 2022-2023. Last marketing year was tough for many producers. This is primarily due to the effects of La Niña, a […]

Field testing of genetically modified wheat began in the UK

Field testing of genetically modified wheat began in the UK

The first testing of GM wheat are conducted in the UK Rothamsted Research is field testing new varieties of GM wheat in the UK. The results are in. According to the researchers, the acrylamide content in flour made from this grain when baked is much lower than that of others. Rothamsted Research is a research […]

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