After finishing mixed on August 21, 2024, U.S.’ cattle futures made a temporally comeback August 22 to finish strong via bargains. Though this gain would fall on the 23rd by at least 12 cents per pound, the preceding day’s strength was advance enough. On the 22nd, bargain hunters, who believed cattle for sale were low, had scrambled...
The Monongahela National Forest in West Virginia (WV) is kick-starting the U.S. ginseng marketing season by issuing permits. This is in anticipation of the 2024 harvest that runs from September 1 to November 30. In a PR statement on August 19, the forestry service stated that licenses will be available from August 26. The permit, whose...
Ukraine’s July-August 2024 grain harvest has finalized impressively and so are preliminary exports despite war and last minute dry conditions. By August 19, the country had reaped 5.788 million tonnes of multiple cereals, 2.181 million tonnes more than in the corresponding mid-August 2023. Leading the preliminary tally are wheat at 2.777 million tonnes, corn at 2.084 million...
Markets in Bengaluru in Karnataka, south-central India have recorded a tomato price crash after export stoppage to politically unstable Bangladesh. Protesters in Bangladesh forced the resignation of longtime PM Sheikh Hasina in early August 2024, after which regional trade flow declined. Since then, Karnataka, which ships tomatoes via West Bengal, has seen the vegetable’s wholesale prices slash by 96%....
It is harvest time in Manitoba, central Canada, and early results show competitive yields for especially winter wheat and rye. The harvest of general crops had by August 19, 2024 yielded 3% of the province’s total fall output. Winter wheat, for one, is showing good yield rates of 80 to 110 bushels (bu) an acre in the central and...
Kenya’s sweeteners industry is back in the picture following glut supplies, with consequential sugar price decrement. As of August 9, the farm-gate price of sugarcane had dropped to KSH 4,950 ($38.22) a tonne, triggering farmers’ frustration. This marks a -3.4% price decline from May’s KSH 5,125 ($39.58), down from KSH 6,050 ($46.72) a tonne before March 2024. Wholesale prices...
Fruit exports from Mindanao, the banana-rich southeast Philippines’ island, are proving strong despite slow growth in national banana exports. For one, companies that sell durian and coconut from Davao in southern Mindanao are registering uptick trade with China. One such company is Eng Seng Food Products, which operates an export plant in the region. The company’s...
North American agriculture logistics could derail if wage-demanding union workers at a duo Canada rail monopoly down tools, starting August 22, 2024. The looming strike involves the agriculturally important Canadian National Railway (CNR) and Canadian Pacific Kansas City (CPKC). According to a Reuters report on August 2020, a strike on both lines could halt much of their daily freight services....
Family growers in South Africa’s semi-arid Northwest Province have radically improved maize production via traditional and modern methods. This according to research findings that appeared on The Conversation on August 16, 2024. The results come just when maize in the country is experiencing rising prices with compensatory expanding acreage. Notably, the small-scale farmer-dominated Northwest is also expanding its maize...
Diminishing sheep numbers have occasioned uptick lamb prices by up to €1 per kg at the farm-gate through Europe. France leads the upward pricing curve, with average offers at €9.13 a kg as of August 3, 2024. This was up from August 2022’s €8.01 and August 2023’s €8.06, reported the Irish Farmers Journal on August 14. Also experiencing a...