TRT Market Reports

Tanzania has become a hub for food exports, feeding countries in the African region as well as rest of the world, latest statistics from the Bank of Tanzania (BoT) and the Ministry of Agriculture show.

Agriculture in Nigeria has an interesting history. A history of ups and downs. Long before the discovery of oil and gas in commercial quantity, from the precolonial and colonial days to the First Republic, agriculture was the mainstay of the economy.

Approximately 52 million square kilometers of the earth surface is made by arid zones, defined as areas where the total amount of rainfall is balanced by evaporation from the surface and natural transpiration of plants.

On March 2nd, 2023, SSG held a national workshop on seed systems development in Madagascar and presented a recently-completed survey of farmer crop variety preferences and seed access.

In spite of the massive rise in the price of rice from about N8,500 per 50 kilogramme bag in 2015 to roughly N45,000 per bag currently, the federal government yesterday said it has transformed rice production in the country in the last eight years.

The World Bank has identified Borno and Yobe states as areas where food insecurity could deteriorate to a crisis condition in the next three months, as the dry season continues.

Tropical Cyclone Freddy made its second landfall in Mozambique on 11 March and then moved inland towards southern Malawi.

Agriculture is a key sector of the African economy. It provides employment, income, and food security for millions of people.

South Africa’s rand extended its losses against the U.S. dollar on Tuesday after new data showed the economy contracted more than expected in the last quarter of 2002.

More than 10,000 farmers from Bugiri, Bugweri and Namutumba districts are optimistic that the Shs200b rice irrigation project which has been commissioned by the government will boost their household income.

Black Sea wheat and Australian crop traditionally compete for Asian demand when its marketing season begins every July. But the Russia-Ukraine war, which broke out in February 2022, halted wheat supplies from Black Sea into Asia.

BASF presents the latest advancements in its agricultural innovation pipeline of crop protection, seeds and traits, and digital solutions. Their focus is to provide much-needed solutions for farmers to overcome local and crop system specific pest pressures, climate challenges, changing regulatory requirements and rising consumer expectations.

To celebrate International Women’s Day, the Australian rice industry held a Women in Rice Forum to help empower female leadership and build a stronger, more diverse Australian rice industry.

Grains Australia chair and former Great Southern grain grower and livestock producer Terry Enright has been recognised for his outstanding contribution to the Australian grains industry, receiving the Grains Research and Development Corporation’s Seed of Gold award.

There is growing optimism about the rice industry's ambitious water efficiency goal, but some growers are questioning if it can be achieved in the time frame given. 

Development of new rice varieties could help decrease water use and improve yield.

Australian Water Information

Australia’s record-breaking agriculture production streak is expected to continue this year, with the sector expected to reach $90 billion for the 2022-23 financial year.

The gross value of Australian agriculture production in the 2022-23 financial year ending 30 June is on track to hit A$90bn ($60bn), exceeding the 2021-22 record by A$2bn, according to the latest agriculture overview by the Department of Agriculture, Fisheries and Forestry (DAFF).

Australia could see agriculture production and exports fall significantly in 2023/24 due to dry weather as a result of El Nino.

Commission pays a further €1.5 billion in macro-financial assistance to Ukraine

From tomorrow, at the United Nations Water Conference in New York from 22 to 24 March, the EU will be confirming its strong engagement for global water security by announcing 33 commitments for action starting now.

International Donors' Conference – Together for the people in Türkiye and Syria in Brussels today

This month’s trade tracker takes a deep dive into trade deals. It looks at what deals the UK has recently signed and is currently negotiating, as well as the economic impact they may have.

BASF presents the latest advancements in its agricultural innovation pipeline of crop protection, seeds and traits, and digital solutions.

EU and Thailand relaunch trade negotiations

Later this year, the EU will decide whether to re-approve glyphosate, the active ingredient of the controversial weed killer Roundup.

Russia on Monday suggested renewing a deal allowing the safe export of grain from Ukraine's Black Sea ports but only for half the term of the previous renewal while the United Nations pledged to do everything possible to ensure the agreement's integrity remained intact.

The severe lack of precipitation affecting the Maghreb and Türkiye, and the consequent drought situation, raise concerns regarding potential impacts on agriculture, water availability and energy production and usage.

The EU is making changes to the levels of arsenic allowed to be present in certain foods.  The new maximum levels for inorganic arsenic differ for certain foods, and are laid out in Section 3, Subsection 3.5 of the Annex to Regulation (EC) No 1881/2006, as follows

The United Nations (UN) 2023 Water Conference will take place in New York from March 22-24, 2023. This will be the second UN Conference dedicated to water after the one held in Mar del Plata, Argentina, in 1977.

In 2022, the Government of Ecuador continued to support floor prices for local production of corn, rice, and wheat as well as began subsidizing the price of fertilizers for small producers.

Corn and soybean prices remained high heading into spring, but input costs and global competition remain concerns for producers.

President Rodrigo Chaves Robles reveals why the Central American nation is having an increasingly outsize impact on the world.

Honduras President Xiomara Castro announced Tuesday that her government will seek to establish diplomatic relations with China, which would imply severing relations with Taiwan.

Even as the Caribbean’s successful completion of its Food Security Terminal remains a critical indicator of the progress being made towards the fending off of threats to regional food sufficiency, the World Bank’s latest global security update issued in February sharply underlines the critical importance of pressing ahead with the full and final completion of what has become a critical regional undertaking, the planned regional Food Security Terminal.

Commodities Market Impact Weather

Lavoro Limited (Nasdaq: LVRO; LVROW), the first agricultural inputs distributor in Latin America to have its shares listed on Nasdaq, announces the execution of an agreement to acquire a controlling interest in Referência Agroinsumos. Based in Dom Pedrito, Rio Grande do Sul, Brazil, the partnership represents Lavoro's first retail distribution operation in the state, making it an important player in the region.

The South American agricultural giant's harvested acreage for its soybean and first-crop corn will both be records for the 2022-2023 season, according to the U.S. Department of Agriculture's Foreign Agriculture Service.

Agriculture Ministry announces support for drought affected farmers

Farmers in Saudi Arabia saw their funding from a dedicated investment organization rise by 167 percent year-on-year in the first three months of 2023, it has been revealed.

Uzbekistan is interested in supplies of agricultural machinery of the Belarusian producer of agricultural machinery Bobruiskagromash, BelTA learned from the company.

As 2022 proceeded, crop commodity prices came down from their peak, maintaining historically elevated levels. This has continued into 2023, while fertilizer and energy prices declined at a slower pace, leading to lower but still historically high farmer profitability.

As water scarcity threatens Egypt’s food and national security, the state is moving forward with megaprojects to secure alternative water sources.

The pinnacle event in Qatar’s culinary calendar, the 12th Qatar International Food Festival (QIFF) is welcoming thousands of visitors to the newly-opened Lusail Al Sa’ad Plaza – the street synonymous with the FIFA World Cup 2022 final celebrations – from 11 March until 21 March 2023. QIFF is Qatar’s largest and longest-running food and drink festival.

Bangladesh is expecting a $1 billion solar project with Saudi energy giant ACWA Power to start generating power within the next year, a state minister told Arab News on Sunday, as the two countries work closer to step up their energy cooperation.

The 12th Qatar International Food Festival (QIFF), the country’s largest and longest-running food and drink festival has opened in the new Lusail Al Sa’ad Plaza to run until March 21.

Iran and Saudi Arabia have agreed to re-establish relations after years of hostility that had threatened stability and security in the Gulf and helped fuel conflicts in the Middle East from Yemen to Syria. 

Since 9 February, 143 trucks have passed through the Bab al-Hawa and Bab al-Salam border crossings, according to the UN Office for the Coordination of Humanitarian Affairs.

Afghanistan’s exports to Pakistan surpassed one billion dollars mark during the past 10 months while imports from the neighboring country hit $940 million.

In the south, long and medium grain milled rice steady.

ADAMA Ltd. (the "Company") (SZSE: 000553), today reported its financial results for the fourth quarter and twelve-month period ended December 31, 2022.

Data Bridge Market Research analyses that the organic rice market was valued at USD 1.97 billion in 2021 and is expected to reach the value of USD 3.94 billion by 2029, at a CAGR of 9.05% during the forecast period of 2022-2029.

Data for Week Ending March 9, 2023

The Indica Rice (Long Grain) Market research report plays an important role in running a successful business as it covers essential industry-related data.

In the south, long and medium grain milled rice steady. Parboiled prices steady.

 The files below contain data as it was reported and appeared at the time of publication in each World Agricultural Supply and Demand Estimates (WASDE) report from April 2010 to current

The U.S. Department of Agriculture (USDA) today previewed plans to provide up to $250 million in assistance to rice farmers and what steps they can take to be prepared to sign up when the program is released later this spring.

Across the nation, we celebrate farmers and the many folks involved in the industry who are committed to producing the food, fuel, and fiber for our growing world population. National Ag Day is March 21, and this year marks the 50th annual celebration hosted by the Agriculture Council of America (ACA).

The U.S. Department of Agriculture (USDA) Commodity Credit Corporation (CCC) announced today that it does not expect to purchase and sell sugar under the Feedstock Flexibility Program for crop year 2022, which runs from Oct. 1, 2022, to Sept. 30, 2023.

The California rice producer has helped establish the first standards for regenerative rice and set a goal for its entire crop to be ROC by 2027.

More than 50 US agriculture and food groups on Thursday urged Congress to approve new legislation enabling the United States to negotiate more free-trade agreements, arguing that without them American agriculture was falling behind global competitors, Reuters reported.

As the struggle against fossil fuels carries on in our states and communities, the quest for serious action in Washington on climate and ecological renewal will focus largely on the national push for a radically new kind of Farm Bill.

Chicago Board of Trade (CBOT) agricultural futures closed mixed on Thursday, with corn and soybean rising and wheat falling.

Two programs of the North Carolina Department of Agriculture and Consumer Services will host a day-long series of information sessions on April 13 to highlight recent investments in agricultural research.

Soybeans lower in overnight trading; H-2A temporary visas jump again

Lawmakers in Congress and across the country are sounding national security alarms about foreign buyers, particularly those with links to the Chinese government, acquiring control of U.S. farmland and forestland.

Ahead of the UN 2023 Water Conference and following the 2nd WASAG (The Global Framework on Water Scarcity in Agriculture) International Forum, the Director of the Land and Water Division of the Food and Agriculture Organization (FAO), Li Lifeng, talks about one of the most pressing global challenges facing humanity: water scarcity.

USD$220 million in new agricultural investment grants for 15 national governments was announced by the Global Agriculture and Food Security Program (GAFSP), a global multilateral fund dedicated to reducing food insecurity and poverty in low-income countries.

Leading Market Research Firm: Skyquest Technology has announced the release of its latest report on Rice Seeds Market.

 Market.us proffer a complete understanding of the Rice Market [Snapshot - Global Market Size, Largest Segment, Fastest Growth, and Growth Rate in % (CAGR)] in its latest research report.

The global Seed market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures.

The drought-hit regions of northern and central India, all the way up to Pakistan, are staring at lower food output and high prices as the region is set to receive lower than normal rainfall due to the El Nino weather pattern in the second half of the year.

Reuters writer Ana Mano reported yesterday that, “China is actively buying Brazil’s second corn, known as ‘safrinha,’ even as farmers grapple with planting delays in the world’s third biggest producer of the cereal.

There is a trough moving through the Rockies and another in the Gulf of Alaska. Small and transient ridges are off to the east of both troughs.

Claim: A widely shared video on WhatsApp claims that there is a massive production of an “artificial rice” which is deadly for consumption somewhere in an undisclosed location. 

Global indoor farming market will reach $72,276.7 million by 2032, growing by 11.5% annually over 2022-2032, driven by the increasing food requirements due to the growing population, decreasing arable land, growing adoption of controlled growing environments, high investments by the public and private players, and the rising health consciousness amid COVID-19 pandemic.

The ‘China Online Food Delivery Market Size, Share, Growth, Analysis, Report and Forecast 2023-2028’ by Expert Market Research, gives an extensive outlook of the China online food delivery market, assessing the market on the basis of its segments like platform, delivery type, payment method, and cities.

The Global Cereal Ingredients Market 2032 Industry Report is a professional and in-depth study on the current state of the Cereal Ingredients Market by QMI.

If you’re looking for deliciously different alternatives to traditional wheat flour, here are some options to consider:

The Chiba Prefectural Government and the Chiba Food Industry Liaison Council have awarded specialty food prizes to six local food products.

Sushirrito, a San Francisco-based restaurant that has four brick-and-mortar locations and 10 as part of a licensing agreement with Local Kitchens, a micro food hall, specializes in burrito-sized sushi with Japanese and Latino influences.

Cultivated in Valencia since the eighth century, rice is the beating heart of the city’s renowned gastronomy. But with the importation of cheaper varieties, the fight to preserve this historic grain — and the traditions that come with it — is on.

China is the world's leading producer and exporter of rice cookers. In 2021, China exported 51,539,300 rice cookers, up 4.28% year-on-year, with an export value of US$ 890 million, up 20.35% year-on-year

Smart farming refers to managing farms using modern ICT to increase the quantity and quality of products while optimising the human labour required.

The U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS) will hold its biannual Data Users’ Meeting April 18 from 1-4:30 p.m. CT at the Federal Reserve Bank of Kansas City – Omaha Branch. A virtual attendance option will also be available.

A report by Stratagem Market Research (SMI) provides a 360-degree analysis of the global Grain Pre-cleaner market.