News

  • Russian grain market potential increases
    Post time: Sep-08-2021

    Russia, the world’s largest wheat exporter, is experiencing an unusual anti seasonal rise in wheat prices. Recently, the U.S. Department of agriculture sharply lowered the Russian wheat harvest expectation, and grain prices rose in the international market. However, Russian officials and an...Read more »

  • Iran’s cotton production decreased and import demand increased
    Post time: Sep-07-2021

    The financial Tribune reported on August 30 that according to the CEO of Iran’s cotton fund, due to the drought and the low efficacy of pesticides sold on the market, pests are rampant in Iran’s cotton plantations, which has an impact on cotton production. It is expected to produce ab...Read more »

  • The emergence of plant seafood in the United States
    Post time: Sep-06-2021

    According to seafoodmedia on August 25, plant-based seafood appeared on the menu of Long John Silver restaurant, which is the first large seafood chain in the United States to sell plant-based seafood. The operator with more than 700 restaurants cooperates with good catch, an American food techno...Read more »

  • Malaysia expects crude palm oil prices to strengthen in 2021
    Post time: Sep-03-2021

    The Malaysian palm oil board (MPOB) expects the crude palm oil price to strengthen this year, with an average price of rm3600 per ton, mainly because the soybean oil price is expected to strengthen and the growth of palm oil production slows down. Dr. Ahmed paviz gulam Kadir, director of MPOB, sa...Read more »

  • Obstacles and Countermeasures of agricultural trade between Vietnam and China
    Post time: Sep-02-2021

    Li Guoguo, Vice Minister of agriculture and rural development of Vietnam, and Nguyen Myung woo, Vice Minister of foreign affairs of Vietnam, recently held a working meeting on the current situation, problems and Countermeasures of agricultural cooperation between Vietnam and China. The contents o...Read more »

  • Indonesia b40 may be postponed to after 2022
    Post time: Sep-01-2021

    One of the negative effects of the sharp rise in vegetable oil prices in the past two years is that biodiesel production and demand in various countries are generally facing greater pressure. High prices have pushed up the cost of biodiesel raw materials. Under the background of insufficient foll...Read more »

  • Sri Lanka will stabilize rice prices
    Post time: Aug-31-2021

    Washington, August 25th: according to Sri Lanka’s trade minister Bandula Gunawardena, countries around the world have taken measures to curb the spread of the new crown virus, resulting in a sharp rise in commodity prices. Under such circumstances, the Sri Lankan government cannot allow ric...Read more »

  • Indonesia’s agricultural downstream products have more export value
    Post time: Aug-30-2021

    International Daily reported on August 16 that Indonesian President Joko asked City and county governors across the country to continue to explore the export potential of agricultural products in the region. When he presided over the launching ceremony for the export of agricultural products on A...Read more »

  • Thai Ministry of Commerce issued new regulations on coconut import management
    Post time: Aug-27-2021

    Comprehensive Thai media reported on August 23 that the Thai Ministry of Commerce issued new regulations on coconut import management. Coconut importers must purchase domestic coconuts in the proportion of 1:2.5 to help coconut farmers. Affected by the epidemic, the average price of coconut fell ...Read more »

  • Russian wheat export tariff increases
    Post time: Aug-26-2021

    According to the official website of the Russian Ministry of agriculture, the national wheat export tariff was raised to US $31.7 per ton from August 25 to 31 (inclusive); US $26.6 per ton of barley; Corn is $49.6 per ton. Russian wheat export tariff: USD 30.4 per ton from August 18 to 24 (inclus...Read more »

  • Vietnam’s rice export prices fell
    Post time: Aug-25-2021

    According to traders, Vietnam’s rice export prices fell last week (15-21 August), the lowest level in the past year and a half because of the new crown limit. Vietnam’s rice quotation with a crushing rate of 5% fell slightly to US $385 per ton from US $390 per ton a week ago, the lowe...Read more »

  • The sown area of soybean and corn in Brazil may increase by 4-5% in the coming year
    Post time: Aug-24-2021

    Jim Collins, CEO of corteva group, an American pesticide and seed producer, pointed out that the sown area of corn and soybean in Brazil may increase by 4-5% in 2022 because of strong demand. He said that the sown area of corn and soybean in the United States may also increase slightly. Corteva G...Read more »