Peru’s organic coffee output is to grow by 7% in the 2024-25 season despite leaf rust disease problems. According to USDA’s Foreign Agricultural Service (FAS), production will peak at 4.22 million 60-kg bags, above 2023-24’s 4.2 million bags. Exports will also increase by 6%, to reach 4.07 60-kg million bags, up from 2023-24’s 4.06 million bags. The main drivers of...
The Saudi livestock and fisheries sectors will bring multi-billion dollar investment returns, according to a June 4, 2024 ministerial statement. Projections peg returns from investments from the two sectors at 20 billion riyals ($5.343 billion) by 2030. This is according to the Undersecretary for Fisheries and Livestock Wealth in the Ministry of Environment, Water and Agriculture, Dr. Ali...
As winter starts in the southern hemisphere, Australia projects a dream winter pulses harvest especially for two key legumes. Driving production will be lentils at 1.6 million tonnes yield estimate, even as chickpeas could reach 1.1 million tonnes. The gains in the two winter pulses stem from significant yearly acreage increases, at 5% for lentils and 80% for chickpeas. ...
Vietnam’s coffee stakeholders have begun tracking 0.5 million small-scale farmers, months before the industry-affecting EU Deforestation-free Regulation (EUDR) materializes. According to a June 1, 2024 report on The Star Malaysia, Vietnam cannot delay certifications as it exports 40% of its coffee to Europe. Luckily, the country has been promoting sustainable plantation agriculture since August 2023, which means that...
Uganda’s food inflation rose by negative 1.4% in May 2024 year-on-year, up from negative 2.4% in April 2024 year-on-year. Soaring tomato and fresh vegetables prices contributed to the increase. Despite being in the negative territory, the annual inflation had notable price impact on restaurant menu prices. Data shows that meal rates hiked from 6.3% to 8.1% between April and May 2024....
The 2024 abalone season has kicked off early June on the southeastern seaboard of China in Fujian Province. Each early summer, the province turns into a hub of activity as fishermen ferry the valuable sea snails to processors. Abalone is a key summer delicacy which features in multiple Chinese dishes as a sauteé or stew dish. This season,...
If reelected, former U.S. President Donald Trump intends to impose 10% worldwide import tariffs in a hard-hitting “Trump 2.0.”-styled term. But first he promises to continue where he stopped in 2020 by slamming 60% or more tariffs on imports from China. These levies will land on the usual suspects like soybeans, pork, vegetable oils, among other agricultural imports....
Commercial cultivation of “golden rice” in the Philippines has ended after a court revoked a 2021 government permit over biodiversity concerns. The visually colorful bio-engineered strain is rich in proVitamin A building compounds unlike organic white palay rice. The court of Appeal had first ended the commercial permit on April 17 in favor of small-scale rice growers and environmentalists....
The May peak of eastern Thailand’s durian harvest has created a glut in mainland Asia and occasioned a 40% slump in prices. Leading in affordability is China’s import market which receives its supplies during three south-east Asia countries’ concurrent durian seasons. For instance, Monthong durian cost 40-48 Yuan ($5.52-6.62) in late May, below the 64 Yuan ($8.83) per...
Retailer Costo’s “naked lobster” has belatedly attracted attention for its curious look as the North American summer shellfish season dawns. At the same time, Canada’s lobster scene is swarming with unsold lobster, attracting a price fall. Regarding Costo’s shelled lobster, it comes in a butter-padded shelled pack with two whole 6.5 oz lobsters at U$39.99. The retailer’s...