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
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.
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.
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
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.