What the huge profits in the agricultural sector are related to Despite all the turmoil, 2020 was a good year for the agricultural industry. Thanks to an increase in grain prices on the world market, the profitability of farmers’ labor increased significantly, which stimulated them to expand their allotments. Huge profits are expected this year […]
What factors affect India’s wheat exports In the 2020/2021 season, India showed record grain shipments, although several years before that it had shown modest results. In 2020, the state sold 2.1 million tons, and in 2019 the figure was 219,690 tons. However, luck did not smile on the country for long — analysts predict that […]
Why demand for grains and oilseeds is growing Rabobank published a report on the state of world trade in crops. According to him, a number of regions will see high demand for grains and oilseeds. This primarily concerns the increase in consumption in Asia and Africa. In turn, North and South America, as well as […]
Production of agricultural products should grow significantly: forecast Despite the fact that the situation with coronavirus in India has been deteriorating for several months, experts expect that agricultural production in the current season will reach record levels. Several factors are prerequisites for this forecast. The first one was the active work of local farmers, who, […]
How cultivation of legumes improves the environment European experts conducted a study in the field of farming and agricultural development. They concluded that the best approach would be to grow legumes in large quantities. This will bring more sustainable results and increase the nutritional component in the formation of the farming plan. Another benefit of […]
How global wheat prices are linked to rising demand for corn Following the record rates for corn, world prices for wheat are also increasing. This trend is due to a number of factors, among which are an increase in demand and concerns about favorable weather conditions. In addition, the market is under pressure by reducing […]
Bayer and RAGT Semences work on new wheat varieties Bayer decided to involve another major player in the agricultural market, RAGT Semences, in the development of new wheat varieties. Hybrid seeds will be an innovative solution for farmers, for their development the corporation combined its vast experience in plant breeding and modern technology, which makes […]
FAO predicts reduction of grain stocks in the world market FAO made a forecast for the cereals market. According to the document, this year stocks are expected to decrease, compared to the opening level, they will decrease by 1.7% and will amount to 808 million tons. This forecast is less than the previous estimate by […]
Strategie Grains revised export estimates Strategie Grains company, which provides consulting services, revised its monthly forecast of soft wheat exports from the EU and the UK. Compared with the previous estimate, the current one increased by 200 thousand tons and amounted to 25.4 million tons. At the same time, the forecast of final balances decreased. […]
The U.S. predicts that wheat import will increase The world economy continues to recover from the crisis. USDA made a forecast of the development of the grain segment in the country, including the growth of imports and exports. Experts note positive trends in trade relations between the U.S. and Indonesia. The Asian country is resuming […]