Agriculture update
Here are some of the latest agriculture news from around the world:
- India to release onions from buffer stocks to control prices. The Indian government has announced that it will release onions from its buffer stocks to control rising prices. The prices of onions have been rising steadily in recent weeks, and the government is hoping that this move will help to bring them down.
- China's wheat production to fall in 2023. China's wheat production is expected to fall by 5% in 2023, according to a report by the US Department of Agriculture. The decline is due to a number of factors, including drought, pests, and diseases.
- Brazil's soybean exports to reach record high in 2023. Brazil's soybean exports are expected to reach a record high of 110 million tonnes in 2023, according to a report by the International Grains Council. The increase in exports is due to strong demand from China and other countries.
- European Union to increase funding for agriculture research. The European Union has announced that it will increase funding for agriculture research by €500 million over the next seven years. The funding will be used to support research into areas such as climate change adaptation, sustainable farming practices, and food security.
- US farmers to plant record amount of corn in 2023. US farmers are expected to plant a record amount of corn in 2023, according to a report by the US Department of Agriculture. The increase in planting is due to strong demand for corn from ethanol producers and livestock feeders.
These are just a few of the latest agriculture news from around the world. For more information, please visit the following websites:
- Food and Agriculture Organization of the United Nations: https://www.fao.org/
- World Bank: https://www.worldbank.org/en/topic/agriculture
- USDA Foreign Agricultural Service: https://www.fas.usda.gov/
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