The India MSP program procures multi-million tonnes of spring legumes

The India MSP program procures multi-million tonnes of spring legumes

Gunning towards self-sufficiency, India is currently procuring Rabi (spring) crops directly from farmers at the Minimum Support Price or MSP.  A brief by the Union Minister of Agriculture Shivraj S. Chouhan on March 27, 2025 cited 100% purchases for certain legumes. These include masoor, urad and tur (pigeon peas) under this generous pricing plan.   The purchases extend a plan that the...

Lake trout

The New York trout fishing season starting with higher stock

Trout angling in New York starts April 1, 2025 with largesse after the Department of Environmental Conservation (DEC) stocked interior waters with nearly 1.9 million fish.  The department cites a current brook, rainbow and brown trout stock of 1,873,980 across thousands of streams, ponds and lakes. Levels could augment in the coming three months as the DEC continuously stocks public...

Citrus South Africa estimates even exports for 2025

Citrus South Africa estimates even exports for 2025

Steady shipments with neither oversupply nor undersupply define 2025’s citrus campaign in South Africa, forecasts the Citrus Growers of Southern Africa (CGA). Growth in navel and Valencia orange volumes will buoy exports despite a 5% yearly retraction in lemons, the industry forecasts.  According to the CGA chairman Gerrit van der Merwe, the volume break even will enable the sector meet...

Live sheep export volume by Australia surging, protests hatching

Live sheep export volume by Australia surging, protests hatching

Despite a looming export ban of live sheep by sea and an upcoming anti-ban protest, Australia is predicting surging shipments.  The Meat & Livestock Australia (MLA) predicted in mid-March 2025 of a 25% increase in yearly shipments for 2025 over 2024’s. MLA expects shipments to hit 542,000 head in 2025 and then 550,000 in 2026, up from 433,078 head in...

wheat

Morocco extends wheat import subsidies against dry spell

Morocco has extended an expiring wheat import subsidy program to end 2025 to help overcome drought-related domestic shortage.  The Maghreb nation’s National Interprofessional Office for Cereals and Legumes (ONICL) on March 18 stretched the current subsidies till December 31, 2025.  Although the country expects a harvest comeback later in the year, the grain crop failure in 2024 is still pertinent. 2024’s barley...

Raw sugar slides to $0.19 territory after recent rally

Raw sugar slides to $0.19 territory after recent rally

A recent price gallop to $0.20 a pound could not prevent sugar in its raw form from sliding -2.08% on March 24, 2025. Production revamp estimates in parts of Brazil and a strong dollar are behind this latest slide in New York.  After hugging $0.20 beginning March 17, the unrefined sweetener or sugar #11 fell to $0.19 a pound on the 24th. Also in...

Raw cocoa sticks to $8,000 amid sinking demand

Raw cocoa sticks to $8,000 amid sinking demand

Raw beans of cocoa rebounded March 24, 2025 but are still dragging inside $8,000 per tonne as price-related demand ebbs.  Since the International Cocoa Organization (ICCO) announced a long forthcoming annual surplus of 142,000 tonnes in February 2025, trade has turned bearish. On the 24th however, some contracts in New York and London sharply resurged by over 4% on slowing exports from Ivory Coast. Intraday...

Japan red snow crab

New snow crab season in Canada expands quotas, stalls on price  

Newfoundland (NL) and Labrador’s waters will welcome the snow crab season on April 1, 2025 with upward quotas…and no price. On March 22nd, the Fish, Food & Allied Workers (FFAW) and the Association of Seafood Producers (ASP) failed to negotiate the seasonal price. They eventually had to push the talks to March 23 or 24 for third-party arbitration. Although this is always...

Pineapple

A canned pineapple price hike awaits U.S.’ shelves 

Canned and juiced pineapple products in the United States face an imminent price hike by a leading processor due to supply issues. According to Bloomberg on May 18, 2025, the multinational Dole PLC will mark up some of its canned and juice range, starting June 9.  The dossier that reveals this looming hike has not clarified by how much the increase...

American wholesale egg prices ease amid demand lull

American wholesale egg prices ease amid demand lull

Wholesale egg prices in American cities were down to $4.15 a dozen from March 14, 2025 onward as demand weakened and supply rallied. According to the U.S. Department of Agriculture (USDA), these changes haven’t registered fully on retail due to consumer resistance to carryover prices.  With avian flu cases ebbing in March, it will however be only a while before grocers catch up with...