It is noteworthy that quota has already been sought from India for the import of six essential commodities including rice and wheat in December 2022. However, recent emphasis on this matter suggests a renewed focus. Sources reveal that after the January 7 elections, discussions were held at the highest level of both the countries. Briefing […]
Why do Russia and Myanmar ask for a higher price for food grains?
According to the USDA report, the government has stockpiles of 366,000 tonnes of wheat and 1,520,000 tonnes of rice. Rice stocks increased after 4,000,000 tonnes more rice was imported. According to the food ministry, the government has set a target of collecting 500,000 tonnes of rice, 300,000 tonnes of paddy during this peace season. Till […]
World food prices fell for a ninth month in a row in December, although they touched their highest level on record for the full year of 2022, UN data showed on Friday. Food prices hit a monthly record high in March after Russia invaded agricultural powerhouse Ukraine, a major supplier of wheat and cooking oil […]
The use of this hybrid technique allows breeders to select the best of the two parent seeds to produce offspring that have positive characteristics from both, through a phenomenon known as hybrid vigor. The yield increases. Growers said that when seed companies produce hybrid wheat seeds, some female plants ultimately fail to fertilize because they […]
“We are confident that releasing 2 to 3 million tonnes of wheat in the open market will bring down prices,” said another source. In line with official policy, the two sources with direct knowledge of the matter did not wish to be named. He also said the government would decide later this month whether to […]
Corn Cv1 and soybean Sv1 climbed to their highest levels in a decade, while Malaysia’s benchmark crude palm oil prices FCOc3 climbed to a record high in March. Wheat prices have plummeted to pre-war levels and palm oil has plunged nearly 40% amid fears of a global recession, China’s COVID-19 restrictions and an extension of […]
We had to prepare for the worst scenario of the last 20 years in this grain campaign and that’s what we’re seeing,” said Cristian Russo, head of projections at Rosario Grain Exchange. Rousseau said soil moisture levels were worse than in the 2008/09 campaign, when the South American country produced 31 million tonnes of soybeans […]
According to different sources Bangladeshi importers have booked large quantities of Pakistani and German wheat recently. The first shipload of Pakistani wheat bound for Chittagong left Port Quasim of Karachi last week. The cost of Pakistani wheat ranges between $360 and $375 per tonne, Despite the damage to wheat crop wrought by sever floods, Pakistan […]