Author: Shraddha Warde

The FAO Food Price Index averaged 131.2 points in January, 0.8 per cent lower than the previous month and 17.9 per cent below its peak reached in March 2022. The benchmark index of international food commodity prices declined in January for the tenth consecutive month, according to the Food and Agriculture Organisation of the United Nations.The FAO Food Price Index averaged 131.2 points in January, 0.8 per cent lower than the previous month and 17.9 per cent below its peak reached in March 2022. The index tracks monthly changes in the international prices of commonly-traded food commodities. The price indices for vegetable oils, dairy…

Cambodian rice can enter the Philippine market at a 35 per cent tariff rate.  Cambodia is exploring opportunities to directly export rice to the Philippines, offering an alternative and cheaper source of rice for the country. Alfredo Pascual Secretary Philippines Department of Trade and Industry (DTI) met with a Cambodian delegation, led by Chan Sokty, chief executive officer of the state-owned Green Trade Company and Okhna Chan Sokheang the president of the Cambodia Rice Federation. Green Trade is the counterpart of DTI’s Philippine International Trading Corp. (PITC).  The Cambodian delegates are also exploring exporting rice through a government-to-government arrangement between Green…

The trials – one on beef cattle and one on dairy cattle – seek to test Rumin8’s product integration in the New Zealand pasture-based systems. Australian climate technology company Rumin8 has commenced two safety and efficacy trials of its methane-reducing feed supplements in New Zealand. The trials – one on beef cattle and one on dairy cattle – seek to test Rumin8’s product integration in the New Zealand pasture-based systems. Rumin8 identifies naturally occurring compounds that have anti-methanogenic properties, but instead of harvesting and extracting them from plants, is able to reproduce them in a highly efficient, low-cost, scalable, and…

This result contributes to the seafood industry’s export turnover of $11 billion in 2022 Vietnam’s tuna exports reached the target of $1 billion in 2022, up by 34 per cent from a year ago. This is also the first time the industry’s tuna exports have reached an export value of $ billion, according to the Vietnam Association of Seafood Exporters and Producers (Vasep). This result contributes to the seafood industry’s export turnover of $11 billion in 2022. Vietnam’s tuna products have been exported to 99 markets around the world. Among them, the US, the European Union (EU), the countries in…

In 2023, horticulture exports are expected to top a record $7.1 billion. New Zealand’s new Government and industry strategy launched has its sights on growing the value of New Zealand’s horticultural production to $12 billion by 2035, Damien O’ConnorAgriculture Minister said. “Our food and fibre exports are vital to New Zealand’s economic security. We’re focussed on long-term strategies that build on the year-on-year record revenue earned by our farmers and growers,” Damien O’Connor said. “Since 2017, primary sector export revenue has grown by 39 per cent to a record $53 billion last year, with horticulture contributing $6.7 billion. In 2023,…

Efforts will also be made to develop aquaculture, tourism and other industries along the Yangtze River A 10-year fishing ban in the key waters of China’s Yangtze River basin has achieved solid progress in ecological conservation, with aquatic bioresources gradually recovering, the Ministry of Agriculture and Rural Affairs said. The Yangtze finless porpoises, an endangered species known as the ‘giant panda of the water,’ has been more frequently spotted in the Poyang Lake, the Dongting Lake, and the middle and lower reaches of the Yangtze River. In the Jianli section of the Yangtze River, the number of fish roe produced…

China will be importing more than 5.7 million kilos of fresh durian per season The Philippines Department of Agriculture (DA) is taking the lead in strengthening the production of Grade-A durian through its Bureau of Plant Industry (BPI) and the High-Value Crops Development Program (HVCDP). The DA has been overseeing the ongoing registration of exporters, packing facility operators, and growers of durian, with five licensed exporters, six licensed packing facility operators, and 65 registered durian growers registered in the Davao Region. Under the DA’s Enhanced KADIWA Grant, durian growers and farmer cooperatives have also been extended financial assistance and support. …

Agricultural products in the country and those exported to Oman come from sources registered with the concerned regulatory Oman’s Ministry of Agriculture, Fisheries and Water Resources (MAFWR) has confirmed the safety of all imported agricultural products. It denied rumours of Oman is stopping agricultural shipments from one country in the region. A statement issued by MAFWR said, ‘The ministry would like to clarify regarding what is being circulated in social media about Oman stopping imports of agricultural products from a country. This information is incorrect and all imports of agricultural products from all countries are subject to examination and analysis…

Both officials agreed on joint coordination between the two sides to prepare technical studies on the use of modern irrigation systems in Egypt as an alternative to flood irrigation Egypt’s Minister of Water Resources and Irrigation Hani Sweilam had a meeting with Frank Hartmann, the German ambassador to Egypt, to discuss mutual cooperation in the field of water and irrigation. During the meeting, developments in cooperation between Egypt and Germany were discussed according to the results of the meeting held between Sweilam and the German Minister of Economic Cooperation and Development during the activities of the COP27, and the subsequent…

The first farm, based in Saudi Arabia, will have a capacity for up to 1.1 million kilograms of crops per year. Saudi Arabia’s Public Investment Fund (PIF) has signed an agreement with US-based Aero Farms to form a joint venture which will build and operate vertical farms across the MENA region. The first farm, based in Saudi Arabia, will have a capacity for up to 1.1 million kilograms of crops per year. The venture is the second Saudi-focused AgTech announcement this week, following the news that UAE-based Pure Harvest, which is also a vertical farming enterprise, is to enter into a…