Author: Hithaishi CB

The U.S. took the largest share (15.7% worth US$352 million) of worldwide K-food sales. The ASEAN market also showed a robust growth (US$464 million) Korean Ministry of Agriculture, Food and Rural Affairs has announced that the estimated export value of Korean agri-food products (K-food) in the first quarter of 2024 reached an all-time high of $2.27 billion, up by 3.4% from the previous year. This figure marks 8th consecutive year of growth recorded since 2015. Agri-food products means processed and non-processed food, excluding aquatic food products. Growth trajectory of Korean agri-food export value $6.1 billion in 2015 → $7.03 billion in 2019…

Statistics indicate that Vietnam’s coffee exports to Singapore skyrocketed by 157% in the first quarter of 2024 to reach about $2.01 million by year end A recent analysis by Vietnam’s Trade department indicated that Vietnam exported five coffee products coded HS0901, HS 09011120, HS 09011130, HS09012120, and HS 09012111 to the demanding market during the first quarter. However, these types of coffee made up a small proportion of only 3.64%, 7.24%, 14.04%, 0.74%, and 0.02%, respectively, in the market. Experts believe that despite its small population size, Singapore’s coffee import value remains at a relatively high at between SGD140 million…

Australian Government awarded Ocean Winds, EDP Renewables and Engie’s joint venture dedicated to offshore wind energy, a license to potentially develop up to 1.3 GW off the coast of Gippsland Ocean Winds, an international company dedicated to offshore wind energy and created as a 50-50 joint venture by EDP Renewables and ENGIE, has been granted a feasibility license by the Australian Government for a 150 square kilometres area to develop an offshore wind farm in waters off Gippsland, Victoria. The High Sea Wind project entails an installed capacity of 1.3 GW, the equivalent of a year of electricity for 1…

Encourages farmers and entrepreneurs to capitalize on the use of technology to drive positive change in the agriculture sector During the Pagsibol: Philippine Horticulture and Urban Agriculture Summit 2024, on held May 3, Secretary Tiu Laurel expressed the Department of Agriculture’s (DA’s) commitment to spearheading initiatives for the development of the Philippine agriculture in line with President Ferdinand R. Marcos Jr.’s agenda for modernization and mechanization for food sufficiency. Secretary Tiu Laurel said horticulture offers a pathway to diversity with its focus on cultivation of high-value crops and ornamentals and since the country’s agricultural landscape is currently limited, DA is…

As Part of Bayer’s PRO Carbono Program collaborates with Louis Dreyfus Company (LDC), Global Clean Energy Holdings, Inc., and Bayer inks strategic collaboration to promote Camelina cultivation in Argentina Louis Dreyfus Company (LDC), Global Clean Energy Holdings, Inc., and Bayer announced a strategic collaboration to promote camelina cultivation as part of Argentina Bayer’s PRO Carbono Program, in line with the companies’ efforts to drive decarbonization in the supply chain and, ultimately, more efficient and sustainable agricultural production. The collaboration is aligned with LDC’s global sustainability strategy, a key focus of which is to contribute to global climate goals by driving decarbonization…

Southeast Asia’s agriculture sector plays a pivotal role in the region’s economy The ASEAN Inter-Parliamentary Assembly (AIPA) is preparing for the implementation of ASEAN Guidelines on Promoting Responsible Investment in Food Agriculture and Forestry Sector (RAI), the Food and Agriculture Organization of the United Nations (FAO) and partners announced today. Delegates marked a significant step towards promoting sustainable development and responsible investment in the agriculture sector across the ASEAN region in a recent meeting in Vientiane. FAO and the International Institute of Sustainable Development (IISD), with technical support from the National Assembly of Lao People’s Democratic Republic, were among the…

Holding 17th PRDP, 2nd PRDP Scale-Up Implementation Support Missions from April 22 to May 9, 2024 The Department of Agriculture (DA) and the World Bank (WB) will conduct the 17th WB Implementation Support Mission (ISM) to the Philippine Rural Development Project (PRDP) and the 2nd WB ISM to the PRDP Scale-Up from April 22 to May 9, 2024, to assess the overall implementation performance and progress of the two projects. For this mission, the Bank will focus on reviewing the projects’ compliance with the agreed actions from the previous mission and evaluate their financial management, disbursement, and procurement. It also…

For superior disease control and long-lasting protection ADAMA Ltd., a leading crop protection company, announced the launch of Avastel®, a new broad-spectrum T2 fungicide for cereal growers across Europe, that delivers a new standard of efficacy, control, and long-lasting protection against a broad spectrum of diseases.  Avastel® combines two trusted Active Ingredients – a carboxamide (SDHI) with triazole (DMI) – for outstanding control of Septoria, Brown Rust, Yellow Rust, Net Blotch, and other diseases in various cereals. It’s powered by ADAMA’s unique Asorbital® Formulation Technology for better uptake and faster migration within the leaf tissue, ensuring increased resistance to washout and excellent…

Integrates with Greenfield Technologies (Spain) and SpaceSense (France) xFarm Technologies, a leading tech company in the digitalisation of agriculture that supports 340,000 farms every day, together with an ecosystem of more than a hundred large companies on a total area of four million hectares tracked, continues its growth path in Europe and announces two operations in Spain and France – namely the integration of Greenfield Technologies and SpaceSense – to establish itself as a leader in the key areas of regenerative agriculture and geospatial AI. Greenfield Technologies is a company based in Badajoz that specialises in soil characterisation to optimise the management of…

Launch of regenerative agriculture initiatives in Europe, Latin America accelerate global progress as company works toward 3.5 million acres in 2024 ADM announced that its global regenerative agriculture program expanded to more than 2.8 million acres in 2023, exceeding its 2 million acre goal. In addition, the company announced that it is targeting 3.5 million regenerative acres in 2024 and is increasing its 2025 goal from 4 million to 5 million acres globally. “ADM is scaling up efforts to enhance the sustainability and reduce the carbon footprint of the value chains in which we operate, and our leadership in regenerative…