With a multi-billion baht turnover between January and August 2024, the Thai mangosteen has cemented its number 1 world status in export revenue. The eight-month export value hit 15.4 billion baht ($457.9 million), with the promise to crack the annual average of 17 billion baht ($505.6 million) by year-end. According to Thailand’s Commerce Ministry, the sale volume reached nearly 247,275 tonnes,...
Guam’s sea shell culture is on the line following a U.S. agency’s proposal to include giant clam in the “Endangered Species Act.” The National Oceanic and Atmospheric Administration (NOAA) has been contemplating the move since 2016. Such a legislation could affect the heritage of the south Pacific Mariana islands that pride in strong seashell traditions. Aptly...
The universal Pink Lady brand is quickly turning uniquely South African with yearly sales to the UK up 13%, Tru-Cape Marketing reports. As the largest Southern Hemisphere supplier of the premium apple, South Africa also affords late season availability through cool-region irrigation. This comes in the wake of the phenomenal success of the equally universally...
EQUII, a company that changed the flour industry in 2023 with the world’s first complete flour and Bread products, has partnered with the honorary French baked goods maker, Bridor. The deal will see Bridor feature EQUII’s amino acid-rich flour in a wide array of baked goods from dinner rolls to artisan loaves. This agreement follows the August 7,...
Originally published September 27, 2024. Soy, corn and wheat have eased their resilient upward price run since July 25, 2024 on the Chicago Board of Trade (CBOT) futures. Soybean pricing slipped from September 25 due to both the ongoing American harvest and favorable weather in South America. Corn’s fall owes to supply increment courtesy the ongoing...
First published September 27, 2024. Egypt’s new potato planting season could cut prices by 50%, after summer’s retail rates edged to E£35 ($0.72) per kilo. At the height of the price surge in July 2024, analysts had briefed Ahram Online that rates would halve by December. The planting season for the 3- to 4-month tuber had already begun...
First published September 27, 2024. India’s expulsion of the minimum export price (MEP) mandate on basmati rice will benefit importers in mainly West Asia, Europe and North America. In September 2024, the global rice exporter ended the $950 per tonne MEP after the 2024 monsoon improved production. Increasing world demand has been telling on the country’s export...
Originally published September 26, 2024. It might be gnarled and imposing, but baobab (Adansonia digitata L.) or “tree of life” is lately improving income in Zimbabwe. This follows a rise in import demand of the tree’s fruit produce from Western food and health brands. With a 5-million local baobab tree population according to the governmental export...
Originally published September 25, 2024. Australia could overcome a long-standing ban on rock lobster exports to China by Christmas 2024, the Trade Ministry hopes. Trade headwinds began easing after China promised in August 2024 to ease Aussie rock lobster import stipulations. However, there are still a few “hoops” to jump over that are raising concern....
War in the Middle-East continues to impact Israeli vegetable and fruit produce, which is slowly but surely turning into waste. The war’s initial half year cost the economy 1 billion shekels ($265.8 million) in food waste. This according to the yearly Food Waste and Rescue Report by food rescue body, Leket Israel via the Times of Israel....