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- Here are the top articles from past week.
Ros Agro 1H Sugar Production Falls 64%
Market Watch | 16th August 2021
Ros Agro PLC reported a 3.1% increase in pork production but a 64% decrease in Sugar production. Sugar production fell to 39,000 metric tons in the first half of the year, from 109,000 tons a year ago.
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How Will the UK’s Upcoming Trade Deals Affect British Sugar Growers?
NFU | 18th August 2021
The UK is planning to take advantage of the newly independent trade policy to make trade deals with different countries around the world. British Sugar owners will not be left behind as NFU Sugar will make sure the voice of the homegrown beet industry is heard.
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Sugar Rally Could Help India to Export 6m Tonnes Without Subsidy
Livemint | 18th August 2021
Global sugar prices have hiked to their highest in 4-1/2 years, making the market more favourable for Indian mills to sell in international market. Therefore, India could export 6 million tonnes of sugar in the new season starting in October, even without government subsidies.
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Crop Balance Sheets Remain Market-Friendly
Agrinews | 18th August 2021
USDA increased the season-average price by 15 cents from last month to $5.75 per bushel. Corn production for 2021-2022 is forecast at 14.8 billion bushels, down 415 million from the July projection.
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Sacramento Ethanol Maker Expands Midwest Footprint
Sacbee | 16th August 2021
Pacific Ethanol Inc. will be expanding its Midwest operations by acquiring a Nebraska grain elevator. It says doing so will enable it to easily access the raw material for its ethanol while building stronger relationships with the agricultural community.
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Liquid Biofuels Market Booming Segments
Marketwatch | 16th August 2021
The global Liquid Biofuels Market is expected to reach $219.97 billion by 2027, showing a CAGR of 8.4% during this forecast period. The surging vehicular pollution levels are expected to play a huge role in the growth of this market.
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Grain Crop to Exceed 15m Tonnes in Kazakhstan in 2021
Apk | 18th August 2021
The acting Minister of Agriculture, Erbol Karaschukeev, declared that grains production would reach 15.3 mln tonnes in Kazakhstan in 2021. The production volume has reached 1.5 mln tonnes of grains so far, with an average yield of 1 t/ha (2.4 mln tonnes, 1.49 t/ha in 2020). The key grain-producing regions will start harvesting grains in the third ten-day period of August.
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Romania Boasts Biggest Wheat Harvest Since Joining the EU
MSN | 19th August 2021
Romania will harvest about 11.33 million tons of wheat this year, the largest harvest since the country joined the EU in 2007. Romania’s Ministry of Agriculture announced that about 99% of the 2.2 million hectares cultivated with wheat in the 2020/2021 season have already been harvested.
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Soybeans Drop for Third Session on Improved US Weather
Nasdaq | 18th August 2021
As expectations for welcome rains in parts of the U.S. Midwest continue increasing, Chicago soybean futures keep going down. The most-active soybean contract on the Chicago Board of Trade (CBOT) Sv1 fell 0.6% to $13.45 a bushel by 0325 GMT, near the session low of $13.43-1/4 a bushel – the weakest since Aug 13.
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Japan to Launch Infinitely Scalable Plastic Recycling Project
Waste Management | 16th August 2021
Mitsubishi Chemical Corporation (MCC) is set to build a hydrothermal (Hydro-PRS) recycling plant in Japan by 2023. The plant will help infinitely convert 20,000 tonnes of plastic waste into oils.
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More Plastic Waste at Two Recycling Centres in Selangor
The Star | 17th August
An average of 60 tonnes of recyclable plastic waste has been sent to two recycling centres within the first six months of this year, which is more than twice what it used to be before the pandemic. The plastic waste taken to recycling centres in 2020 was significantly lower due to the movement control order at the time.
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Young Entrepreneur Finds Worth in Plastic Waste
LBO | 18th August 2021
Pathum’s love for keeping the environment free of plastic waste made him start a company to help reduce the effects of the increasing irresponsible plastic waste disposal. His team collects approximately 450,000 PET bottles and 70-80 metric tons of other plastics every month, which they sell to recyclers to create value-added products.
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Dairy Farmers Eligible for Pandemic-Related Assistance
Wboc | 19th August 2021
Many dairy farmers got a lower price for their products because of pandemic-related market abnormalities. Fortunately, the US Department of Agriculture will provide about $350 million in assistance payments to eligible farmers.
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Ugandan Milk Production Improves
Msn | 19th August 2021
A 2020/21 dairy sector report released by the Dairy Development Authority (DDA shows that milk production in Uganda has increased drastically. This has mainly been contributed to by increased population over time and the rising non-tariff barriers on milk products for exports.
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Ugandan Dairy Exports Increase
Bukedde | 18th August 2021
According to a recent report from the Dairy Development Authority (DDA, dairy exports contributed to 42 per cent of total agricultural exports for the year. These exports reached a record high of 341.8b in the last four years and nearly doubled compared to last FY 2019/20.
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