The growing risk now is that much of the market share abroad that US agribusiness is losing to foreign competitors will be hard, if not impossible, to win back —even if current trade conflicts are resolved to the US government’s satisfaction. Growers in Australia, Brazil, New Zealand, Russia, and other nations are rushing to replace US […]
With unexpected floods, prolonged droughts, spring frosts, and crazy hailstorms, climate change has been responsible for many ruined harvests. But one crop, nearly universally appreciated by consumers, is especially sensitive to the mercurial weather—winemaking grapes. Grapevines are particularly vulnerable to climate change because they take years to establish—three to four seasons to bear fruit, and […]
World production in coffee year 2019/20 is projected to fall by 0.9% to 167.4 million bags, according to the International Coffee Organization (ICO), While Robusta output is projected to rise by 1.5% to 71.72 million bags, Arabica output is anticipated to decrease 2.7% to 95.68 million bags, it said in a statement, adding that the […]
World meat production is expected to decline in 2019 for the first time in more than two decades, as the African Swine Fever outbreak in China decimates pig herds, according to the Food and Agriculture Organization of the United Nations. Production of bovine, ovine, poultry and pig meats is forecast to total 335 million tonnes in carcass […]
Africa is set to become increasingly influential in shaping global energy trends over the next two decades as it undergoes the largest process of urbanisation the world has ever seen, according to a new report from the International Energy Agency. Africa Energy Outlook 2019, a special in-depth study published today, finds that current policy and […]
Judging by the plunging share price of steel producers and the collapse in steel prices from $1,006 per ton just over two years ago to $557 now, it would seem that Steelmageddon — the term famously coined by Bank of America Merrill Lynch — is upon us, asks MetalMiner. admin
Northern hemisphere wheat crops, European Union, Russia and Ukraine in particular, are boosting global wheat supply, more than offsetting the repeat drought conditions faced by Australia, according to the latest USDA World Agricultural Supply and Demand Estimates November report. admin
In recent years, coffee growers around the world have battled with disease, pests, droughts, and a lack of pollinators. Despite the fact that coffee is grown nearly everywhere, from South America to Africa to Asia, scientists worry that nearly half of this land won’t be able to generate harvests by 2050. admin
India’s Hero Future Energies (HFE), Hero Group’s renewable subsidiary run by Rahul Munjal, has received $150 million strategic funding from Abu Dhabi Future Energy Company Masdar, reports Ritwik Sinha. Set up in 2012, HFE had earlier raised $125 million from International Finance Corporation (IFC), part of the World Bank. Masdar has now stepped in by […]
The Department of Consumer Affairs (DoCA) through an inter-ministerial committee has again reviewed the prices and availability of onions. During the meeting it was informed by officials that supply disruptions are mainly due to rain and two cyclones and it is expected to improve in the coming days. With supplies running short and onion prices […]
