The UN Food and Agriculture Organization (FAO) expects world cereal production in 2021 to increase for the third consecutive year and has raised its preliminary global wheat production forecast on better than-earlier-anticipated crop conditions in several countries. Global wheat production is forecast to reach a new high of 785 million tonnes in 2021, up 1.4 […]
The International Grains Council has revised (IGC) its estimate for the world’s total grain output up by 2% on year to 2.22 billion tonnes during 2020/21. The total output will be boosted by record production of wheat, maize, and barley. Global rice output is seen 1% higher at 504 million tonnes. Higher consumption of grains […]
Private-sector National Collateral Management Services (NCML) announced that it has achieved 10,000 tonnes of auction quantity under its Surakshit Mandi Project for which the value of the commodity is more than Rs 10 crore. NCML is a post-harvest agriculture management company. NCML now aims to focus on wheat and maize for the upcoming Rabi season […]
Around 500 farmers from Doda district in Jammu district have seen their income rise by almost four times after switching from maize to the perennial flowering plant, lavender, initially introduced in the state to beautify gardens. In 2016, the Centre launched Aroma Mission in Jammu & Kashmir to boost cultivation of plants like lavender which […]
Global wheat production in 2021 is likely to increase and hit a new record of 780 million tonnes, according to FAO’s preliminary forecast, as expectations of a rebound in production in the European Union more than offset weather-impacted production prospects for output in the Russian Federation. Maize production in South Africa is expected to reach […]
Asia’s cereal imports are expected to be at record levels in 2020/21, mainly led by robust feed demand in China, according to a report of the Food and Agriculture Organization (FAO). Thanks to a recovery in China’s domestic pork production following an outbreak of African Swine Fever, imports of maize are expected to hit a […]
The UN food agency on Thursday raised its forecast for global cereal production in 2020 and said that early prospects for this year point to a modest increase in wheat production in the northern hemisphere and a decline in maize production in the southern hemisphere. The latest forecast for world cereal production in 2020 stands at nearly […]
The International Grains Council (IGC) cut its forecast for a record global grains production by 9 million tonnes to 2.21 billion tonnes in 2020/21. The council also trimmed its projection for consumption during the season. In its monthly update, the inter-governmental body cut its forecast for corn (maize) by 13 million tonnes, partially offset by […]
FAO’s forecast for global cereal production in 2020 has been lowered for the third consecutive month, with downward revisions for all the major cereals. Nonetheless, global cereal production is still expected to reach a record high level of 2 742 million tonnes, 1.3 percent above the previous year’s outturn, the UN food agency said in its latest […]
Gurgaon-headquartered Origo Commodities, counted among the country’s front ranking agritech startups, has planned to significantly expand its commodities securitization drive in the next fiscal. Speaking with indoasiancommodities, Sunoor Kaul, Co-Founder & Director of the firm said the company is quite enthused with the results of its pilot project conducted in October this year and is […]
