Media Monitor
Agriculture Industry
Ukraine’s grain export situation worsening by the day, says agriculture ministeredit
Devdiscourse – Online
Ukraine’s new agriculture minister Mykola Solskyi on Saturday said Ukraine’s ability to export grains was getting worse by the day and would only improve if the war with Russia ends. Speaking in a televised briefing, Solskyi said Ukraine, one of the world’s top grain producers, would normally be exporting 4-5 million tonnes of grain per month – a volume that has fallen to just a few hundred-thousand tonnes. “The impact (on global markets) is direct, dramatic and large. And it continues. Every day the situation will become more and more difficult,” he said.
Focus on quality of agricultural produce to get good price, says Narendra Singh Tomaredit
The Economic Times – Online
Agriculture Minister Narendra Singh Tomar on Saturday stressed that it is important to ensure quality of agri produces for enabling farmers to get good prices. The minister was speaking at 93rd Annual General Meeting of the ICAR Society here, according to an official statement. Tomar said the Modi government is committed for the betterment of the Indian Agriculture. Prime Minister Narendra Modi has always encouraged the farmers and scientists of the country to compete at the global level, he said. This has led to the steady increase in the export of agricultural products from India,” he said. Ensuring the better quality of the agricultural products has always been the main concern of the prime ...
Competition
Farm equipment makers cut pre planting season production as U.S. inflation bitesedit
ET Auto – Online
Howard Dahl stopped taking farm equipment orders from customers as a shortage of parts and labor and escalating inflation threatened profits for his North Dakota-based firm Amity Technology. He did so even as high crop prices suggested strong demand for the sugar beet and silage machinery his company makes ahead of spring planting season. “Normally we begin selling equipment in early November,” said Dahl. “Largely because of the uncertainty of the supply chain, we limited what we were going to build.” A shortage of raw materials saddled manufacturers with increased costs even before Russia’s invasion of Ukraine sent gas prices sky-rocketing and darkened the global inflation outlook. Now, overall costs of materials for Dahl have ...