Corteva Agriscience acquires PhytoGen Seed Company

 Corteva, Inc. announced that the company has signed an agreement with J.G. Boswell Company to purchase its ownership interest in PhytoGen Seed Company, LLC – a joint venture between the two companies.  PhytoGen Seed Company, LLC was formed to focus on the U.S. cotton seed industry. With a 53.5% s...Read more

Tripura farmers exports pineapples to Dubai via digital agri initiative 

Pineapple growers in Tripura are a happy lot as they were able to sell their pineapples to a buyer in Dubai thanks to the Common Service Centre (CSC), an initiative of the Digital Agriculture platform as part of Digital India. While they were able to fulfil large orders from Dubai last year, the lockdown had crea...Read more

 India dispatches 20,000 litres of pesticide to Iran to deal with locust crisis  

 India has dispatched 20,000 litres of pesticide "Malathion 96% ULV” to Iran as part of ongoing cooperation to help Iran deal with the locusts' crisis. A 40 feet container carrying the pesticide consignment is scheduled to arrive next week at Chabahar port.  Sources at the Indian Embassy in Tehran...Read more

CBIC hikes 25% Import duty on bamboo for agarbatti industry

In order to curb another import from China, Central Board of Indirect Taxes and Custom (CBIC) hiked import duty on bamboo for agarbatti (incense stick) to 25 per cent.  “Customs duty on bamboo imports by agarbatti manufacturers hiked from 10 per cent to 25 per cent with immediate effect to encourage us...Read more

NRGene expands its business operations in Canada

        The Government of Saskatchewan is welcoming NRGene to the province. Headquartered in Israel, the company announced they are expanding their operations to Canada and will be opening an office in Saskatoon.  This investment from NRGene follows a successful trade mission to Israe...Read more

India permits additional 745 tonnes raw sugar exports to US  

    The government has recently permitted export of additional 745 tonnes of raw sugar under its tariff-rate quota (TRQ) to the US, which enables shipments to enjoy relatively low tariff.  TRQ is a quota for a volume of exports that enter the US at relatively low tariffs. After the quota is reach...Read more

Nutrien acquires Brazilian Ag retailer Tec Agro

Nutrien Ltd.  has recently announced that it has entered into a definitive agreement to purchase 100 percent of the equity of the Tec Agro Group ("Tec Agro"). Tec Agro is a leading Ag Retailer in the state of Goiás, with close to 25 years of service to farmers and 8 Retail branches. Tec Agro also owns ...Read more

SICIT Group records a 25.6% increase in consolidated revenues

 SICIT Group announces that consolidated revenues in the period 1 January - 31 March 2020, recorded an overall increase of over € 4 million, which is a 25.6% increase in the revenue as compared to the same period of 2019. These results are concerned to all the main areas of business, like biostimulants f...Read more

Sumitomo Chemical acquires four subsidiaries of Nufarm in South America

Sumitomo Chemical Company has recently announced a successful acquisition of four South American subsidiaries of Nufarm Limited in Brazil, Argentina, Chile, and Colombia. Nufarm business group is a leading Australian company in agricultural chemicals.  Looking forward to expanding its footprints in the globa...Read more

IFFCO announces, highest ever produce & sell of fertilizers

Amid the spectre of Corona Virus looming large, there is good news coming from the largest fertilizer cooperative IFFCO. The co-op titan has produced and sold the highest amount of fertilizer ever in the country, beating its own previous records.    “In the Financial Year 2019-20 we were able to ...Read more

Palm oil imports records 90% fall in March: SEA report  

    Refined palmolein imports have plunged drastically following the government putting RBD Palmolein under the restricted list, according to trade body Solvent Extractors’ Association of India (SEA). The Centre had put RBD Palmolein under the restricted list with effect from January 8, 2020. SE...Read more

FAO’s chief economist maps way to mitigate shocks to Agri & food systems

The Food and Agriculture Organization (FAO) chief economist Maximo Torero Cullen has mapped the ways the world can mitigate shocks to agriculture and food systems in the wake of the COVID-19 pandemic, which has put the world on a crisis footing, with unprecedented actions to restrict movements and plans for r...Read more