Farming agency FranceAgriMer raised its estimate of French soft wheat stocks at the end of the 2018-19 season last month but the volume was still a five-year low for the European Union’s biggest wheat producer.
The Asian Development Bank (ADB) on Thursday revised downwards its outlook for India’s GDP growth for the financial year 2019-20 to 7 per cent from its previous forecast of 7.2 per cent due to shortfall in the previous fiscal.
India has raised its import duty on wheat to 40 per cent from 30 per cent, the government said late on Friday, as the world’s No.2 producer of the grain tries to support local farmers
Egypt, the world’s largest wheat importer has bought 2.7 million tonnes (mt) of wheat from its farmers so far this season, the state-owned newspaper said. Egypt has said it aims to procure 3.6 million tonnes
Looking out at his empty, red-earth field, Thai farmer Puang Timdon said his two-week-old maize crop didn’t stand a chance against the fall armyworm pest.
A weak monsoon season will not only impact agricultural production, but also subdue consumption and consequently slowdown the country’s economic growth.
Farmer Talita Matutu in Zimbabwe twists open an under-sized maize cob in a field she stopped tending after no rain came for months and most of her crop wilted. “If the rains were normal, I would be harvesting a bigger cob with fat grains,” she told the Thomson Reuters Foundation.
Hundreds of French farmers, who signed up for specialist policies aimed at insuring against freak weather are getting swift payouts, which could help them recover from heatwaves and prolonged droughts that hit parts of the country.