Australia’s winter crop forecast to jump 20 per cent after last year’s drought – ABARES

Australia’s winter crop will jump 20 per cent after a drought-ravaged season last year, national forecaster ABARES said in a statement. It forecast this year’s winter crop to reach 36.4 million tonnes. “Above average May rainfall in South Australia, Victoria and southern New South Wales made for favourable planting and growing conditions in these regions. […]

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INTERVIEW: China may allow access to more Indian commodities in the near term: TPCI chairman

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By Ritwik Sinha Against the backdrop of the bruising US-China trade spat, Indian exporters are hopeful that Beijing will allow direct access to Indian commodities and products soon. China, one of India’s biggest bilateral trade partners,  is currently engaged in a bitter tariff war with the Trump administration, forcing it to redraw its international trade […]

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World cereal production to increase in 2019, but stocks to still decline slightly in 2019/20, says FAO

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Early prospects point to a likely rebound of 2.7 percent in global cereal production in 2019, following a decline registered in 2018, the U.N. food agency said in its latest report. “Based on the conditions of crops already in the ground and on planting intentions for those still to be sown, and assuming normal weather […]

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