India’s cotton production may reach 29.3 million bales in 2019-20: USDA report

The United States Department of Agriculture’s (USDA) Foreign Agriculture Service (FAS) estimates India’s cotton production for marketing year (MY) 2019/20 at 29.3 million 480 lb. bales (37.5 million 170- kilogram bales/6.4 MMT). Post’s marketing year (MY) 2019/20 production estimate is 200,000 480 lb. bales lower than the official USDA estimate. The Cotton Advisory Board (CAB) […]

Read more

China to buy $50 billion in US farm products in return for tariff concessions

Washington has set its terms for a trade deal with China, offering to suspend some tariffs on Chinese goods and cut others in exchange for Beijing buying more American farm goods, Reuters reported quoting US sources. Beijing’s silence, however, fuelled questions over whether the two sides can come to a truce in their bitter trade […]

Read more

USDA raises 2019-20 global oilseeds production forecast; also raises corn estimates

The United States Department of Agriculture (USDA) has raised its forecast for global 2019/20 oilseed production by 3.3 million tonnes to 574.6 million tonnes, with greater soybean, sunflower seed, and peanut production partly offset with lower rapeseed and cottonseed forecasts. China’s soybean production is projected up 1.0 million tons to 18.1 million tonnes reflecting higher […]

Read more

On India’s cue, USDA cuts global sugar production forecast

Global sugar production for 2019/20 is estimated down 6 million tonnes to 174 million primarily due to the 5-million tonne drop in India resulting from lower area and expected yields, the United States Department of Agriculture’s (USDA) Foreign Agricultural Service (FAS) said in its latest report. Brazil and India are essentially tied as top producers. […]

Read more

Rain, early snows delay U.S. harvest in latest blow to farmers; exports to Asia to be affected

Excessive rains and an October snowstorm have stalled the harvest in the U.S. grain belt’s northern tier, one more blow to farmers already struggling with the effects of planting delays and a trade war that has pressured commodity prices, reports Reuters. The corn and soybean harvests are especially delayed in North Dakota and Minnesota – […]

Read more

USDA revises down India’s sugar production forecast for marketing year 2019

sugar.jpg

India’s out-year centrifugal sugar production will decline for the second consecutive year to 29.3 million tonnes, which is 14.6 per cent below the previous season, according to the latest data compiled by United States Department of Agriculture (USDA). This forecast includes 620,000 tonnes of khandsari (a local type of low-recovery sugar prepared by open-pan evaporation) […]

Read more

USDA projects India’s cotton production to rise to 29.5 million bales in 2019-20; pegs soybean crop at 11 million tonnes

The United States Department of Agriculture (USDA) forecasts India’s cotton production for 2019/20 at 29.5 million 480-pound bales, up nearly 2 per cent from last month and up 11 per cent from the previous year. The increase is based on improved weather conditions in the major cotton areas of Gujarat and Maharashtra. Harvested area is […]

Read more