Market News

Rains damage standing crops in India

In India, crops of more than 4.5 billion hectares are affected by extremely heavy rains. In addition, it is estimated that the damaged area will increase in the coming days. In Maharashtra, heavy rains have been received in recent days as…

What has been the impact of COVID-19 on people's livelihoods, health and food systems?

The Covid-19 has caused a great deal of loss of human life around the world. In addition, the disruption of the economic and social system is catastrophic, approximately tens of millions of people are at risk of falling into extreme poverty,…

Innovation Centres will stimulate crop development worldwide

Approximately $4 million in funding has been announced for the launch of 4 different innovation centres by the Innovation Lab for Feed the Future Crop Improvement (ILCI). These centres are aimed at developing more resilient and nutritious…

USDA’s National Institute of Food and Agriculture invests over $7 million in big data, artificial intelligence, and other cyberinformatics research

USDA’s National Institute of Food and Agriculture has awarded 12 grants totaling over $7 million to initiate research on big data analytics, machine learning, artificial intelligence, and predictive technologies needed to keep U.S. agriculture…

Global trade in food and agricultural products more than doubles in last two decades

Global agri-food trade has more than doubled since 1995, amounting to $1.5 trillion in 2018, with emerging and developing countries' exports on the rise and accounting for over one-third of the world's total, according to a new report issued…

The output of China’s chemical pesticide technical production from Jan to Jul went down by 6.5%

According to CISource, in July 2020, the production output of China’s chemical pesticide technical was 170,000 tons, a year-on-year increase of 12.6%. From January to July 2020, the national output of chemical pesticide technical was 1.228…

‘Foreign pest’ threat to tapioca crops in south India

Even as the Covid19 pandemic has battered the health and economy of the country, entomologists are alarmed at the “unauthorised introduction” of foreign invasive pests, which are destroying Indian crops and causing untold misery to our hapless…

Crop planting rises 5.7% to a new record of 110.45 million hectares in India, bumper harvest likely

Crop planting has expanded to a new record of 110.45 million hectares, rising 5.7% over last year and setting the stage for another bumper harvest. Crop area is likely to increase further as rice planting is still continuing, although at…

Global food prices rise in August

International quotations for sugar, vegetable oils and coarse grains increased from July, while worldwide cereal harvests remain on course to hit annual record. Global food prices rose for the third consecutive month in August, influenced by…