Global soybean production: what to expect this year IGC analysts revised the forecast for the current season for a number of crops. Thus, the global production of soybeans will be at the level of 349.8 million tons. Compared to previous expectations, this forecast is reduced by about 3 million tons. It should be noted that […]
Why it is important for China to support wheat production The Chinese government is systematically pursuing a policy of reducing dependence on supplies from other countries. As part of this strategy, support for wheat production is being implemented, for which the authorities will allocate about 315 billion dollars. These funds will be sent to 11 […]
Pulses exports will be temporarily halted in Egypt The relevant Egyptian ministry introduced new rules for the supply of agricultural products. For three months, the authorities banned the export of pulses, including wheat, lentils, various types of flour, and beans. The government explained this decision by its desire to maintain stability in the country’s food […]
Growth of rapeseed and other crops in Germany: a market overview The German association DRV presented the forecast for the agricultural industry for the current period. According to the document, rapeseed production in the country is expected to increase by 12%, and it will reach the mark of 3.9 million tons. The total volume of […]
What causes the grain crop shortage in the world The tense geopolitical situation in the world has affected all sectors of the global market, and humanity will have to cope with its consequences for a long time to come. The agricultural sector was the first to feel the negative impact of the current situation. Analysts […]
What causes the demand for wheat: reasons Geopolitical tensions in the world affect all sectors of the economy. Experts note the demand for wheat from India. It has increased significantly over the past few months. The exporter itself, Food Corporation of India, which announced that it will soon hold the last tender this month, also […]
What is the interest of GM seed technology for China: an overview of factors The Chinese government has repeatedly stated its intention to reduce food dependence on other countries. To this end, a strategy has been prepared to expand the area under crops and stimulate agriculture. Special attention of the authorities is focused on soybeans, […]
Egypt’s wheat stocks are limited due to supply cuts Egypt’s wheat stocks are coming to an end. The country is the largest buyer of grain, but its main exporters were suppliers from Europe, which had to suspend sales due to the geopolitical conflict. Therefore, the government has to look for new partners in order to […]
Factors that affect the cost of corn The World Bank presented forecasts for the global agricultural market. According to analysts, by the end of 2022, the average cost of corn will fall by 10% compared with the results of 2021. One of the factors influencing this situation was a decrease in demand for crops from […]
Factors affecting the decline in wheat, rice, and corn yields Experts note the decline in wheat yields in China, its production decreased by more than 33%. The main reasons for this are called the unfavorable environmental situation and pollution of the ozone layer. This problem is familiar not only to Chinese farmers; producers from South […]