Categories
Agriculture Policy

Bounce back plan for food and agriculture industry launched in UK

The measures introduced today will support producers, manufacturers and agri-tech companies across the food supply chain, from farm to fork. The new strategic interventions jointly announced by the Department for International Trade (DIT) and Department for Environment, Food and Rural Affairs (Defra) will offer immediate support to help businesses in the industry grow their trade […]

Categories
Food Processing Strategy

10 major reasons of business failure in food processing sector

When it comes to business, food processing seems to be an obvious choice for most of the entrepreneurs. There could be a considerable number of reasons for this apparent choice. Some of the prominent ones could be: Our exposure to a range of food available in our vicinity and our food consumption habits. Media speaks […]

Categories
Food Safety Trade

India allows in-transit cold treatment for Australian Fruits

The Indian government has announced market improvements to allow in-transit cold treatment of Australian top fruit, summer fruit and table grapes. Agriculture Minister David Littleproud says India’s approval of in-transit cold treatment of a variety of fruits is a major breakthrough for Australia’s growers. This approval to use in-transit cold treatment is expected to boost […]

Categories
Bankruptcy Commodities

Phoenix Commodities has gone into liquidation after amassing $400m in potential trading losses

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 […]

Categories
Intellectual Property Rights

GI tag for Manipur black rice, ‘Chakhao’

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. […]

Categories
Intellectual Property Rights Trade

Famed Kashmiri saffron granted Geographical Indication (GI) tag

As per the documents, the Geographical Indication Registry has approved the GI tagging on the Kashmiri saffron, symbolizing its exclusivity in the international market. Directorate of Agriculture has been declared as a registered proprietor of the GI of saffron. In Kashmir, saffron cultivation is done on 3,715 hectares of land. GI tagging will set apart […]

Categories
Agriculture

Urban Agriculture: A national strategy in works for Luxembourg

Urban farming or urban agriculture is essential not only as an alternative to traditional production, but as an innovative solution to promote the circular economy and thus reinvent our cities. The Ministry of Environment, Climate and Sustainable Development, NEOBUILD and the Council for the Economic Development of Construction (CDEC) presented on the occasion of the […]

Categories
Trade

Similar to FedEx, Fruit Express shipping line launched

“Fruit express” shipping line for Southeast Asia was officially launched on April 27, 2020 at Dalian port in Liaoning province by China COSCO Shipping Corp. The first vessel for the Dalian route, the CSCL Santiago, unloaded 565 tons of dragon fruit imported from Vietnam at the Dalian container terminal. With the new route, various kinds […]

Categories
Agriculture

Despite lockdown, producers didn’t change planting plans in USA

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 […]

Categories
Trade

European Commission warns against shift towards protectionism in agri-food sector

Uncertainty about food availability sparked a wave of export restrictions, creating a shortage on the global market. Countries across the EU are increasingly considering protectionist measures, promoting national agri-food products and discouraging imported products. There has been a sequel of instances across the EU, particularly in Bulgaria, Czech Republic, Germany, France, Austria, Greece, where concerned […]

Categories
Uncategorized

European vegetable producers are asking to open the Russian market for export

The Association of European Fruit and Vegetable Manufacturers (Eucofel) called on the European Commission to open export to the Russian market. An open letter asking to resume dialogue with Russia was signed by representatives of the fruit and vegetable sector of Spain, France, Germany, Greece, Italy, Poland and Portugal. In addition, producers of fruits and […]

Categories
Uncategorized

Coronavirus could lead to renegotiation of US-China trade deal

The United States and China reached agreement on Phase One of a new trade deal late last year, but with spring planting just weeks away and the COVID-19 pandemic tightening its grip on the global economy, farmers are wondering what to expect in the marketplace and how it might impact the terms of the trade […]