EU oilseed cultivation to reach more than 33 million tonnes The FAS has presented its forecast for the agricultural sector for the 2023-2024 marketing year. Oilseed cultivation in the EU is expected to increase by 4%. It will amount to just over 33 million tonnes. This result will be mainly due to weather conditions. A […]
Rice shortage could reach a 20-year high in 2022-2023 season Fitch Solutions has released an agricultural market forecast for the 2022-2023 season. It predicts a rice shortage in the global market. This deficit will be the largest in the last 20 years. The shortfall will be around 8.7 million tonnes. This figure was only higher […]
Growing new rye varieties will reduce the carbon footprint Aggressive agricultural technologies are causing irreparable damage to the environment. Many countries are rethinking their approach to using such technologies and making changes to farming practices. Growing rye and wheat crops are showing promising results. Experts have managed to reduce carbon emissions. Scientists at a German […]
Saudi Arabia improves grain storage processes Food security is a critical issue for Saudi Arabia. And the government is implementing various projects to address it. In this context, grain storage and the provision of the necessary conditions required special attention. A new facility was commissioned in May 2023. It increasing the total storage capacity by […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]