Market News

USDA’s National Institute of Food and Agriculture invests over $7 million in big data, artificial intelligence, and other cyberinformatics research

USDA’s National Institute of Food and Agriculture has awarded 12 grants totaling over $7 million to initiate research on big data analytics, machine learning, artificial intelligence, and predictive technologies needed to keep U.S. agriculture…

Global trade in food and agricultural products more than doubles in last two decades

Global agri-food trade has more than doubled since 1995, amounting to $1.5 trillion in 2018, with emerging and developing countries' exports on the rise and accounting for over one-third of the world's total, according to a new report issued…

The output of China’s chemical pesticide technical production from Jan to Jul went down by 6.5%

According to CISource, in July 2020, the production output of China’s chemical pesticide technical was 170,000 tons, a year-on-year increase of 12.6%. From January to July 2020, the national output of chemical pesticide technical was 1.228…

‘Foreign pest’ threat to tapioca crops in south India

Even as the Covid19 pandemic has battered the health and economy of the country, entomologists are alarmed at the “unauthorised introduction” of foreign invasive pests, which are destroying Indian crops and causing untold misery to our hapless…

Crop planting rises 5.7% to a new record of 110.45 million hectares in India, bumper harvest likely

Crop planting has expanded to a new record of 110.45 million hectares, rising 5.7% over last year and setting the stage for another bumper harvest. Crop area is likely to increase further as rice planting is still continuing, although at…

Global food prices rise in August

International quotations for sugar, vegetable oils and coarse grains increased from July, while worldwide cereal harvests remain on course to hit annual record. Global food prices rose for the third consecutive month in August, influenced by…

Major threat of locust attack nearly subsided this season in India: FAO

India has almost overcome any more major threat of locust attack this season. The UN’s Food and Agriculture Organisation (FAO) in its latest update this week noted that “the risk of swarm migration to the India-Pakistan summer breeding area…

Global food prices rise in July

Global food prices continued rising for the second consecutive month in July, led by vegetable oils and dairy products, according to the benchmark United Nations report. The Food and Agriculture Organization's Food Price Index averaged 94.2…

India’s kharif rice sowing up 19% so far, thanks to good rains

Among cash crops, cotton planting has risen by 11.29 per cent to 121.25 lakh hectares so far in the current kharif season of the 2020-21 crop year (July-June) from 108.95 lakh hectares in the year-ago period. Area sown to rice, the main kharif…