With a 60% growth in half-year exports for 2024, the Cambodia agriculture sector has helped boost the country’s GDP. Government experts now predict that the growth of the national economy in 2024 will stabilize at 6%. Then it will spike to 6.3% between 2025 and 2027, as production, industry and trade expand. Driving this expansion are...
Biome Makers, a global agritech firm, has launched a new digital platform known as BeCrop®Farm that focuses on soil health and data-based crop monitoring. The platform could therefore help stem rapid soil degradation worldwide and boost production of over 200 crops. According to the United Nations, one-third of the world’s soil has undergone degradation, despite...
Reports by Iraq’s Ministry of Trade on July 21, 2024 indicate that domestic Iraqi wheat purchases are verging on 6.3 million tonnes, the highest ever. By July 6, the government had already bought 5.9 million tonnes locally since April, per a MENA FM story that quotes Reuters. This means only 400,000 tonnes more remain to realize the state’s tonnage...
Reports show that the IT outage of July 19, 2024 on select computer systems grounded key global supply systems. From blue screens in teller machines to cargo delay and TV anchors reading news from printouts, the Friday outage brought mayhem. The problem emanated from a CloudStrike update that stalled 8.5 million computers or 1% of worldwide devices running...
The State of Maryland is encouraging people to consume invasive blue catfish and other species preying on a shrinking striped bass population. “If you can’t beat ‘em, eat ‘em,” Branson Williams, Maryland’s Department of Natural Resources (DNR)’ invasive fishes program manager said. Williams’ task is to eradicate blue catfish, flathead catfish and the Northern snakehead, three...
The Namibia Agronomic Board (NAB) is championing an international fruit partnership with the European Union (EU), to make Namibia’s fruit sector self-reliant. Aiming to cut fruit imports from 96% to 50%, the EU-Namibia Economic Partnership Agreement (EU-EPA) is currently funding and training growers. According to NAB’s spokesperson Emily Abraham in a July 18 report on The Namibian, the...
The mid-July winter grain and oilseed harvest is progressing in eastern Europe, with both Ukraine and Belarus posting early results. By July 17, 2024, Belarus’ output of winter grain and rapeseed stood at 1.9 million metric tonnes, according to the Ministry of Agriculture and Food. Cereals and legumes lead the output so far at 1.322 million tonnes, while rapeseed follows...
Agriculture Minister Murray Watt on July 17, 2024 took an early opportunity to defend Australia’s live sheep exports by the sea ban at the Global Food Forum in Brisbane. Brisbane in northeast Australia is hosting over 400 world agricultural leaders to discuss innovations and technology in farming. The differently-themed forum nevertheless presents Australia with an opportunity to...
The premium-priced ‘Black thorn” durian variety from Vietnam is now selling 40% cheaper than it did in mid-2023. This is despite a decrease in Thai durian imports in recent weeks which should have pushed up the prices. According to Thuc, a grower from Ben Tre province on the Mekong Delta, prices have plummeted from 2 million...
The 2023-24 fiscal year has turned into a record breaker for the Ethiopia coffee industry after an export turnover of $1.43 billion. This breakthrough follows a 20% yearly export volume increase. As a single month, June 2024 stood out with 46,000 tonnes in shipments, 108% more than in June 2023. In terms of revenue growth, the total...