Oilmeal exports from India rise by 49% in 11 months till February 2021

Export of oilmeals jumped by 205 per cent in February 2021 to 393,309 tonnes, compared with 128,761 tonne in February 2020, according to data compiled by the Solvent Extractors’ Association of India (SEA). For the eleven-month period between April 2020 to February 2021, the overall export of oilmeals recovered sharply and stood at 3,358,649 tonnes […]

Read more

Soybean meal exports from India rise almost 600% in January 2021

Soybean-farming-courtsey-Cargill.jpg

South America’s adversity has turned out to be India’s blessing. Because of planting delays and the rains that have disrupted soyabean plantation and delayed harvest in south American countries like Brazil and Argentina, Soybean meal exports from India rose nearly six fold to 3.36 lakh tonnes during January because of higher demand in global markets. […]

Read more

India questions WTO members for providing huge subsidies resulting in “overfishing”

IMG_2275.jpg

Member countries of the World Trade Organization (WTO) that have provided “huge” subsidies for “unsustainable” fishing should first take the responsibility of significantly cutting down those “harmful” support measures which are leading to overfishing, the Indian government said at a meeting of the NGR (negotiating group on rules) on fisheries subsidies negotiations held on November […]

Read more

India shows a sharp decline in soyabean production; exports might take a hit

Soybean-farming-courtsey-Cargill.jpg

Decline in the production of soyabean during October 2019-September 2020 has resulted in limited availability of seeds for crushing and lower soyameal production during the year, if the estimates by Soybean Processors Association of India (SOPA) are any indication. The production of soyabean meal also came down by 13 per cent to 65.71 lakh tonnes […]

Read more

India to bid for hydrocarbon projects in Argentina; also to sign an agreement on Lithium

Argentina has invited companies from India to participate in the oil and gas exploration bidding rounds likely to be organized by the Argentine provinces. Additionally, India and Argentina are also having talks to implement an agreement in the field of lithium signed between the Indian company KABIL and Argentine JEMSE in July 2020. KABIL (Khanij […]

Read more

Record corn, wheat, and rice crops build global stocks in 2020/21, says USDA

20130714-PS-Paddy-04-scaled.jpg

The U.S. Agriculture Department forecast higher global corn production in 2020/21, primarily driven by a recovery in area for the United States. For major exporters, the United States, Brazil, and Ukraine are all projected to have record crops while Argentina has another near-record crop, it said in its latest monthly report. Global production is forecast […]

Read more

Covid-19 disrupts $6.9 billion of global mining output

Covid-19 has impacted the mining industry across the globe as governments enforce lockdowns and quarantines and companies halt operations because workers and contractors can’t get on-site due to restrictions. S&P Global Market Intelligence in a new report tallies the impact of these mine closures, showing Africa and the Americas hardest hit in terms of the number of […]

Read more