Australia’s ties with top trade partner China soured in 2018 when it became the first country to publicly ban China’s Huawei from its 5G network, and worsened after Canberra called for an enquiry into the origins of the coronavirus. Tit-for-tat diplomatic reprisals have since followed, including raids on the homes of Chinese journalists in Australia, […]
The global benchmark price index for food commodities rose in September, led by vegetable oils and cereals, according to a report from the Food and Agriculture Organization of the United Nations. The FAO Food Price Index averaged 97.9 points during the month, up 2.1 percent from August and 5.0 percent higher than its value in September 2019. […]
This month’s 2020/21 foreign coarse grain outlook is for lower production, slightly higher trade, and reduced stocks relative to last month, the U.S. Department of Agriculture (USDA) said in its latest supply and demand estimates report. “EU corn production is lowered, mostly reflecting reductions for Romania and France that are partially offset by increases for […]
The timing was exquisite. Just as many Australian farmers had mostly finished sowing, Beijing’s 80% tariff imposed on our second biggest crop – barley – hit like a tonne of bricks, The Guardian reports. admin
Record harvests of wheat and barley are expected to outweigh a poorer maize crop to lift world total grains — wheat and coarse grains — production by 40m t in 2019/20, to 2,177m, only modestly below the all-time peak in 2016/17, the International Grains Council (IGC) said in its latest monthly report. Consumption is forecast to climb […]
Subsidies for agricultural sector during times of crises is not just an Indian phenomenon. Such “pandemics” are global in nature. Farmers who grow crops including corn and soybeans will receive coronavirus assistance payments based on either half of their 2019 production or the supplies they had on hand as of 15 January, 2020, the US […]
Australian malt barley could enter Indian market this year after New Delhi removed a phytosanitary requirement of treating the grain with methyle bromide that acted as a roadblock to its sales into the country, reports PTI from Melbourne, Australia. India has changed a requirement of treating the grain with methyl bromide which reportedly reduced the […]
FAO’s latest forecast for 2019 world cereal production is pegged at an all-time high of 2 714 million tonnes, up some 0.4 percent from the November figure and now almost 57 million tonnes (2.1 percent) above the reduced outturn in 2018. The month-on-month increase primarily reflects an upward revision to world coarse grains production, associated with higher-than-previously […]
The Indian government said it was raising the minimum support price (MSP) for rabi crops that will hit the market in 2020-21, with the highest increase marked for lentils. A government statement said that the increase in MSP was in line with the principle of fixing these prices at a level of at least 1.5 […]
The International Grains Council (IGC) has cut its 2019/20 forecast for total grain production, which comprises wheat and coarse grains, to 2148 million tonnes, down 8 million tonnes from the June estimate. The inter-governmental body lowered its 2019/20 global wheat crop forecast by 6 million tonnes to 763 million tonnes, reflecting diminished crop outlooks in […]
