Author: Hithaishi CB

EuroCham to strengthen Vietnam’s import and export turnover of agricultural goods Vietnam’s Agriculture and Rural Development and European Business Association recently exchanged views and suggestions to promote the agricultural export chain and enhance integration between Vietnamese and EU businesses. Vietnam’s Deputy Minister of Agriculture and Rural Development Tran Thanh Nam held a meeting with Gabor Fluit, Asia Managing Director of De Heus Group (Netherlands) and President of the European Business Association. (Eurocham) in Vietnam. Deputy Minister Tran Thanh Nam said that “the import and export of agricultural products between Vietnam and the European Union (EU) has slowed down recently. According…

S.Korea strengthens its global market presence with ASC certification for meeting international market demands for seaweed, abalone and shrimp with 73 ASC certified farm sites Aquaculture Stewardship Council (ASC) has expanded its presence in South Korea to meet the growing demand for responsible aquaculture in Asian countries, the current most productive region in the world for aquaculture. ASC has well established its presence in South Korea and is gaining momentum steadily. There are now 73 ASC certified farm sites in South Korea—28 seaweed, 44 abalone and 1 shrimp, with overall annual ASC certified volumes of more than 11,000 tonnes. The…

Dairy industry forecasts a loss between $897 – $1,500 million/year in revenue due to heat stress, in US alone Heat stress occurs in dairy cows when they absorb more heat than they can expel, leading to discomfort, reduced feed intake, poorer productivity and impaired fertility. It can cause significant economic losses. In the US alone, the dairy industry loses between $897 – $1,500 million/year in revenue due to heat stress (St-Pierre et al., 2003). The harmful effects of high ambient temperatures in production conditions are enhanced by high humidity and insufficient air flow. When the Temperature-Humidity Index (THI) exceeds 72,…

The companies will invest $21 million in the joint venture. Megmilk Snow Brand Co, one of the largest dairies in Japan, has established association with Singapore-based Agrocorp International, one of the world’s leading pulse traders, to form a joint venture (JV) to manufacture and market plant-based ingredients. The partnership aims to respond to the growing demand for plant-based foods. The companies will invest $21 million in the joint venture. Agrocorp is contributing 51% and Megmilk 49% to build a factory in Malaysia producing pea protein, pea starch and pea fiber for plant-based beverages, meats, and cheese. The factory is expected…

Aims to launch 7 new remote pilot training organisations (RPTOs) in 5 states; Regional Training and Service center to be launched by July 2023 to serve burgeoning agri-drones market IoTechWorld Avigation, India’s leading agri-drone manufacturer, are setting up 7 remote pilot training organisations (RPTOs) in 5 states by 23 July forecasting a sale of 3,000 drones in FY’23-24, up from 500 in the last fiscal. IoTechWorld Avigation is India’s 1st drone manufacturing firm to obtain DGCA Type Certificate (TC) for agri-drone AGRIBOT. Recently, company unveiled its plans to expand product line with the launch of a new type of agri-drone.…

Opens new office in Greece to add to its presence in Canada, Norway, Chile and Australia Innovasea, a global leader in technologically advanced aquatic solutions for aquaculture and fish tracking, has purchased Aquanetix, a UK-based aquaculture software company, and moved its operations to a new office in Greece. . Headquartered in the United States, Innovasea also has offices in Canada, Norway and Australia and has opened a new office in Corinth, Greece. Aquanetix’s cloud-based aquaculture management software provides deep insights into farm operations. Innovasea has strong portfolio of egg-to-harvest aquaculture solutions. Innovasea’s move into Greece is its second major expansion in the…

Signs MoU to promote education, training, and research programs, projects, and activities to upgrade agriculture by technology integration and to address challenges of farming practices The Southeast Asian Regional Center for Graduate Study and Research in Agriculture (SEARCA) and the Asian Institute of Technology (AIT) signed a formal agreement to cooperate on initiatives that promote agriculture and rural development. SEARCA has priority focus on promoting a transformational leadership mindset among stakeholders in the agricultural sector, including its scholars, training participants, and other beneficiaries of its formal education and capacity-building initiatives. Dr. Glenn Gregorio, SEARCA director, and Prof. Shobhakar Dhakal, AIT…

The new Agro Bayer Store extends solutions in the third largest agribusiness hub in Rio Verde-GO in the Brazilian state of Goiás Bayer has unveiled its first-ever physical store pilot project in Rio Verde (GO), Brazil. The 700 m² space “Agro Bayer Store” is Bayer’s first and only physical store. The Store is part of the distribution strategy of the company’s agricultural division. It will act as an additional channel to ensure farmers in the region have access to seed and biotechnology solutions, crop protection, and digital tools. “Bayer has been present in Brazil for 126 years and we reinforced our strategy of focusing…

FAO emphasized critical themes for aquaculture, including production methods, social issues and planetary health, nutrition, genetic resources, biosecurity, governance, and inclusive market access. Asia accounts for more than 90 percent of global aquatic animal production. 126 million tonnes of live weight aquaculture production, including aquatic animals and algae, were produced in 2021, about half of which were farmed finfish. There was an estimated farmgate value of $296.5 billion for the output. In contrary, Americas, Europe and Africa combined account for 8.2 percent. Currently, more than 700 species are cultured around the world, but just 12 species account for about half…

More than $1 billion of additional funding has been allocated to biosecurity, including $845 million to support operations across the Australian agriculture Australian agriculture has triggered a new era BY including a Sustainable Biosecurity Funding model, in its 2023-24 Budget and is the first ever model in the nation. More than $1 billion of additional funding has been allocated to biosecurity, including $845 million to support operations across the country, protecting our valuable agriculture sector. Minister for Agriculture, Fisheries and Forestry Murray Watt outlined the key components of the new model, stating that “this Budget delivers new biosecurity funding totalling…