India’s sugar production jumps threefold to 14.10 lakh tonnes till November 15: ISMA

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Sugar production in India, the world’s second-largest producer, has surged nearly three-folds to 14.10 lakh tonnes in the 2020-21 season so far due to better crop output and timely commencement of the crushing operation, industry body ISMA said. Sugar production stood at 4.84 lakh tonne in the same period of the 2019-20 season (October-September), it […]

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Global food prices continue rising in October

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Global food prices continued rising for the fifth consecutive month in October, led by cereals, sugar, dairy and vegetable oils, according to a new report from the Food and Agriculture Organization of the United Nations. The FAO Food Price Index, which tracks international prices of the most traded food commodities, averaged 100.9 points in October 2020, […]

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China set to ban imports of several Australian goods as trade war worsens

World’s second-largest economy China has sharpened its attack on leading trading partner Australia — a phenomenon that appears in line with its harsh trade stance against those countries that have criticised its handling of the Covid-19 pandemic outbreak as well as its strong-arm military tactics. China banned imported timber from Australia’s Queensland and barley shipments […]

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Global food commodities index rises as prices of several staples reach multi-month highs

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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. […]

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Amid surplus, sugar millers allowed to export their quota till December 2020 for 2019-20 marketing year

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Sugar millers may now export sugar up to their allocated quota till December as the government has extended the deadline by three months, PTI reported, citing a senior food ministry official. Amid a surplus sugar production, the government has allowed the export of 6 million tonnes of sugar under the quota for the 2019-20 marketing […]

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Global food demand rises for the third straight month in August on firmer demand – FAO

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Global food prices rose for the third consecutive month in August, influenced by generally firmer demand and a weaker U.S. dollar, according to a report released today by the Food and Agriculture Organization of the United Nations. The FAO Food Price Index, which tracks the international prices of the most commonly traded food commodities, averaged 96.1 […]

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