China’s cotton imports are projected to increase marginally to 2.4 million metric tonnes in the current marketing year to meet higher demand for textiles and apparels, according to a report of the US Department of Agriculture (USDA). Its cotton imports last year were 2.3 million metric tons. World’s largest cotton supplier US exported 884,000 metric tons to […]
Bangladesh’s feed industry, which has been hit by slow demand during a Covid-induced lockdown, is set to return to pre-pandemic levels in the marketing year 2021/22, according to the US Department of Agriculture. Farmers’ cost of production increased for animal feed and fodder, veterinary medicines, labour, and transportation services became difficult to obtain due to disruptions caused […]
Pakistan’s cotton output for the marketing year 2021/22 is forecast to rise by 18% to around 5.3 million bales due to the availability of new seed varieties, better pest and disease management, and government support, according to the US Department of Agriculture (USDA). Despite the rise in output, Pakistan’s cotton output remains at historic lows and […]
Grain markets are keeping a close eye on the upcoming WASDE Report that’s set to be released by the USDA at 11 am Central Time on Friday. The report is released monthly, and provides annual forecasts for supply and use of U.S. and world wheat, rice, coarse grains, oilseeds, and cotton, kmaland.com reported. IAC Desk
World’s second-largest cotton producer India’s output of the natural fibre is set to increase by 3% to around 29.7 million bales, according to the U.S. Department of Agriculture (USDA). The average yield is expected to increase by 5% to 497 kilograms per hectare due to expectations of normal monsoon. Domestic consumption is also set to […]
India is heading for its fifth consecutive bumper wheat harvest in the upcoming marketing year thanks to favourable weather conditions in the major wheat growing areas, the U.S. Department of Agriculture (USDA) has said in a report. Assuming normal weather conditions through the harvest (April-May), it forecast marketing year (MY) 2020/2021 (April-March) wheat production at […]
Despite the Covid-19 outbreak having impacted Indian consumers’ spending power, their food tastes are increasingly turning towards more premium products, according to a report of the US Department of Agriculture. Perceived as being more hygenic and safe, domestic consumers are increasingly buying packaged food products ranging from pasta and noodles to sauces and savory snacks. […]
Myanmar’s rice exports will likely suffer in wake of the military coup in February that has caused widespread political instability, according to the U.S. Department of Agriculture (USDA). The country’s rice exports in January had grown strongly because of demand from China ahead of the Lunar New Year holidays in February. However, from February, domestic […]
India’s rice production during 2020/21 is estimated at a record 121 million metric tonnes, up 2% from last year, according to the US Department of Agriculture (USDA). The rise in output came due to record yields and a slight increase in the field area. Favourable monsoon rains contributed significantly to the production. Rice is mainly […]
The global wheat stocks-to-use ratio is anticipated to decline in 2020/21 despite record production, with consumption up more than 10 percent from the prior year on more use in China and India, the U.S. Department of Agriculture said in its latest monthly update. Global stocks are up only marginally from 2019/20. Approximately half of stocks […]
