India has recorded 1.24 to 1.3% index points increase in the vegetable price category in May 2025, due to climate change. According to the Reserve Bank of India (RBI) on May 21, temperature rises contributed 1.3% price increment while ample rainfall 1.24%. RBI’s State of the Economy bulletin highlighted how both rainfall and temperatures sent price shockwaves at diverse...
Global cocoa beans are 20% more expensive in May 2025 than in April, a valuation gain reflecting recent quality declines in Ivory Coast. Despite a global cocoa reserve rally by 10% in 2025 after months of deficits, prices are ironically up from quality concerns. Some chocolate companies in Europe have lately returned poor imports from...
India looks onto record wheat production thanks to a wet monsoon that favored grain formation, despite recent weather vagaries. Official estimates for the outgoing 2024-25 marketing season (April 2024 to March 2025) are at 15.3 million tonnes, the highest ever. In contrast, the U.S. Department of Agriculture (USDA) on April 2, 2025 forecast the 2024-25 harvest at 113.3...
Export prices of American goods including agricultural increased by 2% between April 2024 and April 2025 before Trump’s tariffs. According to the U.S. Bureau of Statistics (BLS) on May 20, 2025, while export rates gained, import prices declined by 0.1% year-on-year (y-o-y). Agricultural export prices gained 1.9% y-o-y, the highest rise since the record 3.1% growth for the...
A June 2025 United Nations Ocean Conference in Nice, France, could change depleting sardines fisheries of Atlantic Africa. Organized by France and Costa Rica, the summit is “the final chance” to revamp the regional ocean population of small fish species. Their stock has barrelled downward since promises of the Lisbon conference of 2022 ran on...
Consumers in Uganda are growing cognizant with a marginal rise in foodstuff prices, especially sugar, which had bottomed out for months. In May 2025, retail sugar has elevated from 3,800 to 4,500 Uganda shillings ($1.04-1.23) in various areas. The rate is still below January 2024’s 5,000-shillings ($1.37)-a-kg that marked the start of a yearlong price fall. Influential factors...
The Minnesota 2025 walleye season has recorded rising fishing licensure since its May 10 opener, in a run lasting till November 30. According to WJON on May 16, 2025, the Department of Natural Resources (DNR) put annual license sales as up by 6%. Some of the licensees have rushed to the bounteous northern lakes’ region where they...
Vietnam is leveraging cherry supplies from emerging greenhouses of China that are offering importers 50% the international price. Ho Chi Minh City’s specialty fruit vendor Thanh Loan told VNExpress on May 18, 2025 of prices hugging 0.5 million dong ($19.26) a kg. Loan purchased 2 kg of China’s cherries at almost 1.2 million dong ($46.22), the same...
South Africa-United States citrus trade relations could sweeten when Presidents Ramaphosa and Trump meet May 21, 2025. The meeting comes adrift simmering tensions that range from 30% tariffs (currently suspended) and diplomatic tiffs. In March, Washington D.C. dismissed SA’s ambassador following his anti-”American First” comments. Then in early May, Trump welcomed 49 Afrikaners who “fled”...
India’s annual basmati sowing area will expand by 10% as farmers rush to plant short-season varieties to maximize favorable pricing. Satish Goel, head of All India Rice Exporters Association (AIREA), forecasts 7 to 10% seasonal expansion for the short crop. As a June to September Kharif grain, short-duration basmati enjoys the advantage of a quick maturity cycle that suits demand shifts....