Indian Food Demand to Boom
By the year 2050 the real value of agrifood demand in India is on pace to increase by 136%, reflecting significant income and population growth across the continent according to a report released by the Australian Bureau of Agricultural & Resource Economics and Sciences (ABARES). The report titled ‘What India Wants: Analysis of India’s
Read moreBarbarians at the Farm Gate
Urbanization, decreasing productivity, and challenges posed by shifts in weather patterns are just some of the hurdles facing global agriculture in meeting future food demand. Scientists, entrepreneurs, and farmers all have ideas to develop in order to enable food supply to keep pace with demand, however, investment dollars are needed in order
Read moreDairy Production Escalates Into 2015
Driven by shifts in domestic demand and near-record high exports, U.S. milk production is up 4% year on year and the total number of dairy cows across the 23 major U.S. dairy producing states is up by 93,000 head year on year according to a report released by the U.S. Department of Agriculture’s (USDA) National Agricultural Statistics Servic
Read moreArgentina Sold $24 Billion of Soybean to Boost Reserves
In the last two days of 2014 Argentine farmers agreed to export over $300 million of grains and oilseeds boosting the country’s central bank reserves. Amid economic instability, Argentina’s reserves plunged 37% to a seven year low of $27.3 billion as farmers hoarded approximately $4 billion worth of soybeans to hedge against inflation and
Read moreThailand Regains Top Spot in Rice Trade Amid Reserve Sale
Thailand replaced India as the world’s top rice exporter in 2014 as shipments jumped 54% to reach 10.2 million tons according to the Food and Agriculture Organization. Earlier in 2014 the country eliminated a price support system that resulted in significant reserve build-up. Since that point, the military, which took control of the governme
Read moreGrowing Opportunities In Indonesia’s Dairy Market
Dairy consumption in the ASEAN bloc, including Indonesia, Philippines, Malaysia, Thailand, Singapore, and Vietnam continues to outstrip supply, and Indonesia, with its population of 253 million represents a significant opportunity for growth for the industry. Currently diary consumption in the country is near the lowest in Southeast Asia at on
Read moreRelaxed Cuba Sanctions Good News for Agriculture
The relaxation of the U.S. embargo in place against Cuba for the past 50 years is good news for U.S. agriculture. Cuba is one of the country’s closest export destinations, being just a one day sail by ship from the port of New Orleans. In 2013 the U.S. exported $350 million worth of agricultural products to Cuba including frozen chicken, cor
Read moreRabobank Says More Investment is Needed in EU Grain Sector
A new EU Commission forecast states that in 2014 the EU saw a larger than expected grain harvest, becoming the world’s top wheat export market – a trend that is predicted to continue until 2024. New research conducted by Rabobank and Copa-Cogeca indicates that infrastructure and storage capacity in the EU grain sector will not be sufficien
Read moreChina to Stockpile Large Volumes of Corn
Amid low demand and a bumper harvest, analysts state that China will likely add 40 million tons of corn to its state reserves in the 2014/15 marketing year – a large amount, but still less than the record 60 million tons added the season before. Since May 2014, China has sold 29 million tons of corn from its record high stockpile of 100 mill
Read moreGAI Insight: The Agriculture Automation Revolution
By Shahnaz Mahmud Last week, Global AgInvesting published an article on sensor technology detailing its significance in transforming the agriculture sector. This week, automation will be profiled as the second part of a series on agriculture technology. Automation within the context of agriculture is mainly character
Read more
