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Why does India's Darjeeling black tea output keep rising amid drought and the pandemic?
Under the double blow of dry weather and the COVID-19 pandemic, the harvest season in India's key tea-producing regions is facing the dual threat of falling output and stalled tea-picking operations, which could push already-risen tea prices even higher. The UK's Financial Times (FT) reported,
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A new pineapple variety has arrived from Taiwan, China! Hailed as the "mango pineapple," "Tainung No. 23" is expected to become the rising star of the market
The Chiayi Agricultural Experiment Branch of the Taiwan Agricultural Research Institute today announced a new pineapple variety, "Tainung No. 23," developed through 24 years of breeding efforts by crossing "Tainung No. 19" as the female parent with "Tainung No. 21" as the male parent. Farmers affectionately call it the "mango pineapple." Its sugar-to-acid ratio
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Severe Drought Hits Multiple Regions, Rising Agricultural Prices May Benefit Grain Companies
It was learned from the consultation meeting recently held by the State Flood Control and Drought Relief Headquarters that since the beginning of summer, precipitation has been below normal in the northwest, north China, the Huang-Huai region, the upper and middle reaches of the Yangtze River, and parts of the southwest, with severe drought occurring in some provinces and autonomous regions. Specifically, on July 28, Henan and Shaanxi provinces both activated a Level III drought relief emergency response, with Henan Province experiencing its most severe drought in 63 years. In addition, severe drought has also occurred in the Huaibei area of Anhui Province, which has already mobilized more than 300,000 people for drought relief.
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Rising Domestic Demand for Soybean Meal in China May Cause Exports to Decline in the Second Half
Traders and analysts say that China's soybean meal exports in the first half of this year tripled compared with the same period a year earlier, but as domestic soybean crushing margins improve and domestic soybean meal demand rises, China's soybean meal export supply may decrease. Analysts say that reduced Chinese soybean meal exports
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Ministry of Commerce monitoring shows ginseng prices keep rising while notoginseng keeps falling
Some are happy, some are worried. Of the 29 medicinal materials included in the statistical scope in 2013, 9 saw year-on-year price increases and 11 saw year-on-year price declines. Among them, the price of ginseng soared 80% year on year, while notoginseng fell by more than 30%. The above information comes from the latest release by the Ministry of Commerce
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Corn prices rise due to drought, meat and egg prices follow, pushing up CPI
At the beginning of this year, Lu Yonghe, a farmer in Xingliu Village, Suo Town, Huantai County, bought more than ten tons of corn at 1.04 yuan/jin. However, he now somewhat regrets it. He regrets not buying more at that time; now he cannot buy any even if he wants to. On August 19, talking about corn prices
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Rising Risk of Corn Price Pullback, Tight Supply of High-Quality Grain May Ease
Since June and July, corn futures prices have risen sharply, driven by drought weather and tight supply of high-quality grain, with the near-month 1409 contract showing the most pronounced trend. In the short two months to the end of August, corn 1409 rose about 14.58%, and 1501 rose about 4.35%. The earlier rapid
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Rising Risks for Corn as Prices Face a Pullback; Tight Supply of High-Quality Grain May Ease
Since June and July, corn futures prices have risen sharply, driven by drought weather and tight supply of high-quality grain. Among them, the nearby 1409 contract showed the most obvious trend, with corn 1409 rising about 14.58% and 1501 rising about 4.35% in the short two months to the end of August. The earlier rapid rise in corn futures prices
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Has the severe drought caused olive oil prices to rise?
Olive oil consumption growth in the Chinese market outpaces other edible oils, but consumers have a low ability to distinguish it. The reporter has learned that according to reports, Spain, the world's largest exporter of olive oil, has recently been affected by a rare drought in nearly 140 years, and the oilseed analysis agency Oil World recently
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Livestock and poultry farming sentiment on the rise, 2015 market outlook favorable
As of December 31, 2014, the CSI 300 Index rose 52% in 2014, while the agriculture, forestry, animal husbandry and fishery (Shenwan) tier-one industry index rose 16% cumulatively over the same period, far underperforming the broader market. This is related to the overall national macroeconomic environment in recent years, the weak nature of the agriculture, forestry, animal husbandry and fishery industry, relatively high agricultural product capacity and inventories, slow earnings growth of listed agricultural companies, the agricultural product price cycle and expected performance of national agricultural support policies.
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