Temasek signs deal to acquire micro-irrigation company Rivulis  

    Singapore's government holding company Temasek Holdings has signed a deal to acquire 85% of Israel-based micro-irrigation company Rivulis Irrigation Ltd.  Temasek will purchase the stake from Rivulis’ controlling shareholder, Israel-based private equity firm FIMI Opportunity Funds (56%)...Read more

Govt bans export of onions with immediate effect

Union Government has recently banned the export of all varieties of onions with immediate effect. The move is aimed at increasing availability and checking the price of the commodity in the domestic market.   Directorate General of Foreign Trade said in a notification that the export of all varieties of onion...Read more

India faces massive delay in sugar crop harvest due to COVID

With the increasing spread of coronavirus worldwide, millions of migrant workers needed for the harvest have been scared to travel anywhere; which has led to the potential delay in the harvest of sugarcane crops. Relying on migrant workers to travel across the nation could become a major factor for the harvest de...Read more

Russia to hold annual international agricultural trade show in Nov, 2020

Russia’s annual agricultural trade show ‘YugAgro’ will be held this year between November 24-27 in Krasnodar in southern Russia. The event showcases over 710 Russian and international exhibitors, representing companies working in the field of agricultural machinery, equipment and materials for cr...Read more

Acardia Biosciences acquires Industrial Seed Innovations

          Arcadia Biosciences, Inc. announced it has completed the purchase of Oregon-based Industrial Seed Innovations (ISI) specializing in organically grown, high CBD feminized hemp seed and seedlings. With this acquisition, ISI’s portfolio of strong performing, feder...Read more

Syngenta Group records strong first half year performance

  According to Syngenta Group's first half year results, it has increased sales by 2 percent to more than $12 billion compared to the same period last year.    All four business units, Syngenta Crop Protection, ADAMA, Syngenta Seeds and Syngenta Group China have increased their sales volume in co...Read more

APEDA signs MOUs with AFC India, NCUI

Agricultural and Processed Food Products Export Development Authority (APEDA) has signed a Memorandum of Understanding (MOUs) with AFC India Limited (formerly Agricultural Finance Corporation Ltd) and National Cooperative Union of India (NCUI) to synergize their activities in agriculture and allied sectors for bri...Read more

India's cotton exports likely to grow 19% in 2019-20: CAI  

    India’s annual cotton exports in the crop year (Oct-Sept) are likely to rise 19 per cent over 2019-20, a trade body said. The Cotton Association of India (CAI) has increased its estimate of exports.  According to an official release from the CAI, "There is an increase of 3 lakh bales in...Read more

India's agri- exports increase by 23.24 % in March-June: Agri Ministry  

India's farm exports rose 23.24 per cent in value terms to Rs 25,552.7 crore during March-June period amidst the COVID-19 pandemic, said the Agriculture Ministry.  To promote farm exports, a "comprehensive action plan" has been prepared under which 'Export Promotion Forums' are being created and existing agr...Read more

Strong demand for DAP among Indian and Pakistani buyers  

Indian state owned importers National Fertilizers Limited (NFL) and Gujarat State Fertilizer & Chemicals Limited (GSFC) have reissued their respective tenders to buy 10,000t of Diammonium phosphate (DAP) after their initial tenders did not receive any offers. Due to the new government rule on public procuremen...Read more

Shrimp industry, may decrease 20% due to Covid-19 outbreak: ICRA  

    Global demand for shrimp is estimated to contract by 20 per cent due to the outbreak of Covid-19 pandemic around the world followed by localised demand disruptions. As per an ICRA note, there is bound to be considerable volatility through the year. Higher-cost protein consumption like shrimp is al...Read more

India's agri exports can hit $70 billion in few years:  HLEG report  

 India’s agricultural exports could grow from $40 billion to $70 billion within a few years, adding up to 10 million jobs in the process, a high-level expert group (HLEG) set up by the 15th Finance Commission said in its report.  The HLEG said that to achieve the enhanced targets, the estimated in...Read more