The 2021/22 global outlook for cotton production is down with a significantly smaller crop in Pakistan more than offsetting larger crops in Benin, Turkey, and Uzbekistan, the USDA said in its latest monthly report on world agriculture. Use is mostly unchanged, it said, adding that ending stocks are down more than 1.0 million bales on […]
The U.S. Department of Agriculture released its latest World Agriculture Supply and Demand estimates with following details: Wheat – Global production is up this month with higher estimates for Australia, Canada, and Russia only partly offset by a downward revision for Iran. Global consumption is raised this month on higher feed and residual use more […]
A second consecutive record wheat crop, strong global demand, and reduced competition are set to propel Australia’s wheat exports to record volumes, the USDA said in its latest report of world agriculture, making it the third-largest exporter, eclipsing the United States and Canada, which both have smaller crops, tighter stocks, and high prices. After three […]
In its monthly World Agricultural Production report, USDA’s Foreign Agricultural Service (FAS) indicated that, “USDA estimates China marketing year (MY) 2021/22 corn production at a record 273.0 million tonnes, 5 per cent above the 5-year average of 260.3 million tonnes. Yield is estimated at a record 6.5 metric tons per hectare, highest in five years average. World Agricultural Production. USDA- Foreign Agricultural Service stated that, “The major factors shaping […]
Kapas (cotton) prices are likely to rule above the minimum support prices (MSP) for a better part of the season, which means procurement of cotton from farmers by the Cotton Corporation of India (CCI) will be minimal in the 2021-22 season. Procurement may be required during the peak season when prices drop below the MSP, […]
Robust growth in Vietnam’s cotton yarn and product exports is projected to drive 2020/21 cotton consumption to a record 7.3 million bales, 700,000 higher than the previous year’s downfall from COVID-19, the U.S. Agriculture Department (USDA) said in its latest monthly report. Yarn exports in 2020/21 have already exceeded the previous year’s record by more […]
Pakistan’s wheat production on the 2021/22 marketing year (MY) is forecast at 26.0 million metric tons (MMT), three percent higher than last year’s wheat production of 25.2 MMT, the U.S. Department of Agriculture (USDA) said in a report. It said Pakistan’s MY 2020/21 wheat imports are now estimated at 3.4 MMT to help rebuild the […]
World coffee production for 2021/22 is forecast down 11.0 million bags from the previous year to 164.8 million, due primarily to Brazil’s combined effect of Arabica trees entering the off‐year of the biennial production cycle and a weather‐related shortfall, the U.S. Department of Agriculture (USDA) said in its annual coffee report. As a result of […]
The U.S. Department of Agriculture (USDA) has revised world production of coffee up by 300,000 bags from the December 2020 estimate to 175.8 million. Brazil is up 2.0 million bags to 69.9 million, largely due to updated data for Arabica output. Uganda is revised 1.2 million bags higher to 6.0 million largely due to increased […]
Indian consumers have been increasingly buying grocery online in a trend that is now being dubbed irreversible since the coronavirus pandemic piloted the country’s first lockdown last year, shuttering supermarket and neighbourhood mom-and-pop stores. The convenience of a few clicks on laptops or smartphones from the safety of home that gets groceries delivered to the […]
