In India, local cereal prices are rising India is the second largest producer of wheat in the world. In 2022, as a result of geopolitical conflict, the world market faced a shortage of grain — and the country agreed to increase exports. Initially, local traders promised Egypt 500 thousand tons of wheat, but later this […]
Corn exports from Argentina are declining: reasons The season is not going well for farmers in Argentina. From March to June, corn exports fell by 40% compared to the 2021-2022 season. Farmers blame the decline on a decrease in acreage caused by a severe drought in the country. According to the Rosario Grain Exchange, corn […]
Wheat production in Canada increased by 50% Improved weather conditions are boosting wheat production in Canada. It is also influenced by a global increase in demand for one of the world’s most important crops. And while the global economy is still in a downturn, the combination of these factors is producing a pretty good performance, […]
High-yield hybrid rice will help save millions of people from hunger Breeders are constantly working to improve many crops. The most common of these is rice, which is a staple in the diets of people in Asia and some African countries, as well as in Europe and the United States. Researchers have recently bred high-yielding […]
Brazil regularly increases grain volumes Brazil has significantly increased its supply of agricultural products to the world market in recent years. This is due to the growth of local crop production and the reduction of other suppliers. According to USDA estimates for the 2022/2023 season, grain volumes will reach record levels. Local farmers also had […]
Argentina’s soybean crop hit by drought The USDA presented the forecast for the agricultural market of various countries for the 2022/2023 marketing year. According to the forecast, Argentina’s soybean crop is expected to decline to its lowest level in 15 years. The drought, which is expected to continue for a long time, will be the […]
U.S. Department of Agriculture predicts negative dynamics of global rice production In 2023, the U.S. Department of Agriculture lowered its forecast for global rice production. The main reason for the decrease in production is unfavorable conditions in key rice-producing countries. According to the experts’ forecasts, the total production of rice in 2023 will amount to […]
Brazil’s harvest to exceed storage capacity for the first time in 20 years In Brazil, experts call the agricultural year 2022-2023 extremely successful. Local farmers expect a record soybean crop. The country’s harvest is projected to exceed total storage capacity. As the food supply and statistics agency Conab told Reuters, this will happen for the […]
Heat-resistant wheat varieties boost yields in India Today, new heat-resistant wheat varieties account for the vast majority of India‘s wheat crops. Combined with favorable factors such as good weather, growing acreage, and additional acreage planted with new high-yielding varieties, India is expecting a sharp increase in wheat yields as early as 2023. According to Gyanendra […]
Mexican government imposes a 50% tax on white corn exports In 2023, the Mexican government introduced measures to preserve the production of one of the most important crops for domestic consumers. This is due to a previously predicted decline in the production of this type of grain and a decrease in the harvest. One of […]