Rice, barley, bajra, millets, soybean, sugar, cocoa, coffee, cotton, oats, cereals, rubber, cattle/calves, corn, dairy products/milk, soybeans, broilers, miscellaneous crops, hogs, wheat, chicken eggs, and hay.
Nile Marketplace, a B2B e-commerce platform that enables direct trades between producers and entities that sell to consumers, has taken the agricultural industry by storm as it reportedly traded a whopping one million kilograms of fruit and vegetables via its online platform within a mere five weeks of launching. Founded in February 2020 by a […]
Gramophone, an AgTech platform that helps farmers achieve better yields by providing information and input planning, has raised US$3.4 million (INR 25 crore) in a funding round led by Siana Capital. Company’s existing investors Info Edge, Asha Impact and Better Capital also participated in this round. Founded in 2016 by IIT and IIM Ahmedabad graduates […]
Indian agritech startup Arya has raised USD 21 million in a mix of equity and debt in a Series B funding round from a clutch of investors, including Quona Capital, alongside existing investors LGT Lightstone Aspada and Omnivore. Arya provides post-harvest services across the agricultural value chain, including warehousing, warehouse receipt financing, rural storage discovery, […]
BlockApps launched, TraceHarvest, an Ethereum-based Agritech network in collaboration with Bayer Crop Science, the leading technology innovator in the agriculture industry. TraceHarvest is the first blockchain solution of its kind to track and trace the full lifecycle of agricultural products starting from seeds, all the way to defining the responsibilities of each party involved in […]
Mastercard announced a collaboration with GrainChain, an AgTech company solving the complex challenges facing the global agricultural industry at every stage of the supply chain. The partnership is expected to bring integrity to supply chains, tracing more than 24 commodities, such as coffee, sorghum and grain, in the United States, Mexico and Central America. “The […]
Grain Farmers of Ontario is the province’s largest commodity organization, representing Ontario’s 28,000 barley, corn, oat, soybean and wheat farmers. The crops they grow cover 6 million acres of farm land across the province, generate over $4.1 billion in farm gate receipts, result in over $18 billion in economic output and are responsible for over […]
The Government of Canada announced the financing of close to $100 million for the new Merit Functional Foods plant in Winnipeg, Manitoba. Merit Functional Foods will construct a commercial-scale protein extraction facility that will produce plant proteins superior in solubility, flavour and purity. This plant, scheduled to be fully operational in December 2020 will create […]
Abu Dhabi’s, ADQ has agreed to acquire a 50 per cent stake to buy 50% stake in agri-food specialist Al Dahra Holding. Al Dahra is a prominent multinational leader in agribusiness, specializing in the cultivation, production and trading of animal feed and essential food commodities and end-to-end supply chain management. Serving a large customer base […]
For the first time, the state government is going to regulate the production of crops in India. Farmers in Telangana are going to produce what the market wants. It’s a big move in the right direction and will set ground for a new beginning of Demand Driven Agriculture. This Kharif season, the farmers will be […]
Phoenix Commodities, a trader of agricultural products with offices in Dubai and Singapore, is being liquidated after amassing more than US$400 million (S$567 million) in potential trading losses. It was valued at $1.1bn-$1.24bn as recently as January, according to a document filed by its provisional liquidators.. The Phoenix Group, which was registered in the British […]
Blockchain is an emerging technology allowing universal transactions among distributed parties, without the need of intermediaries. Blockchain is not a single technology but uses a combination of technologies that have a considerable history in computer science and in commercial applications like public/private key cryptography, cryptographic hash functions, database technologies especially distributed databases, consensus algorithms, and […]
Chakhao, a scented glutinous rice which has been in cultivation in Manipur over centuries, is characterised by its special aroma. Chakhao has also been used by traditional medical practitioners as part of traditional medicine. GI has great potential to play a major role in trade and there is a possibility of preserving many traditional skills. […]
As compared to 2019, planted acreage in 2020 is as follows: Corn Planted Acreage at 97.0 million acres Up 8 Percent Soybean Acreage at 83.5 million acres Up 10 Percent All Wheat Acreage at 44.7 million acres Down 1 Percent All Cotton Acreage at 13.7 million acres Down Less Than 1 Percent As compared to […]
Washington growers have a billion pounds of potatoes sitting around that they can’t get rid of because restaurants don’t need them. Ninety percent of Washington potatoes go to processors. Due to this lockdown, processors and restaurants are closed. This lead growers to the brink of financial collapse. When all of that shuts down, it has a […]
For centuries, African farmers across the continent have grown cassava. But Zambia’s cassava growers were not deriving as much out of the crop as was possible. Farmers in the southern African country used low-quality planting materials and suffered from poor harvests leading to hunger and poverty across many of the country’s villages. To tackle this […]
From the French Revolution to the Arab Spring, price rises and food shortages have fueled conflict, toppled leaders and overthrown regimes. In this COVID-19 pandemic, countries may face an excruciating trade-off between saving lives or livelihoods or, in a worst-case scenario, saving people from the corona virus to have them die from hunger. Small Island […]
USDA information about crop supply and demand estimates is fundamental to both policy-makers and agricultural investors. Nevertheless, the current situation with markets and crops is changing faster than USDA report releases, especially with the uncertainty around coronavirus pandemics. The uncertainty caused by the outbreak of the COVID-19 reinforces the need for reliable, precise, politically neutral, […]
The lockdown is driving some long-awaited positive changes in agriculture – it is bringing farmers in direct contact with big buyers in cities and is forcing a change in cropping practices that will help rejuvenate the soil and conserve water. The acute shortage of labour will severely restrict the popular practice of paddy transplantation in […]
The Agriculture Ministry has set up a call centre to ease the difficulties in agri logistics, particularly the inter-State movement of perishable vegetables and fruits as well as agri inputs such as seeds, pesticides and fertilisers. The All India Agri Transport Call Centre, which will coordinate movement of produce and agri inputs, can be accessed […]
Prime Minister (PM) Sheikh Hasina on Sunday declared to form a Tk 50 billion scheme for small and medium scale farmers who could get loan at 5.0 per cent interest rate in Bangladesh. The decision came following an upcoming probable food crisis across the globe due to the virus pandemic. While declaring the scheme, she […]
Agricultural producers now have more time to repay Marketing Assistance Loans (MAL) as part of the U.S. Department of Agriculture’s implementation of the Coronavirus Aid, Relief, and Economic Security (CARES) Act of 2020. The loans now mature at 12 months rather than nine, and this flexibility is available for most commodities. Spring is the season […]
