Georgian wine in, Moldavian wine out 0

tbilisiwineSource: The Messenger

While Georgian wine has returned to the Russian market, a ban was announced for Moldavian wines. The Moldavian wine held around 10-12% of the Russian market, so, presumably, Georgia will take this segment of the Russian wine market. More…

Afghanistan’s fruit, vegetable export rise by 10 pc 0

afghaniproduceSource: Bakhtar News

Talking to media, Najla Habib, chairperson of Afghanistan export development institution said that in the first six months of the current fiscal year, export of fresh fruits and vegetables of the country have received 10% growth and this was applicable due to the close cooperation between business community and Afghanistan Chamber of Commerce and Industries (ACCI), adding that farmers harvest better corps this year due to sufficient rains. More…

New gas projects ASAP: O’Neill 0

peter o neillSource: PNGIndustryNews

Prime Minister Peter O’Neill aims to advance gas projects in Papua New Guinea as its mining and agricultural industries experience downturns.

“Most of you will know, while we are benefiting from the massive construction phase of our first LNG project, other sectors are being hit hard by low world commodity prices,” O’Neill said at the PNG Advantage conference this week. More…

Vietnam’s rice productivity may reduce 10% on climate change 0

vietnam rice exportsSource: VietNamNet Bridge

Cultivation is believed to incur heavy damages from the climate change. The total cultivation output may decrease by 1-5 percent per annum, while the main crop yields, including rice, may decrease by 10 percent. More…

Tata moves in on agriculture 0

Tata tractorSource: The Phnom Penh Post

India-based Tata International Ltd announced yesterday that it would import and distribute its Farmtrac Tractors in Cambodia to profit from the country’s growing agricultural sector. More…

Vietnamese rice exporters impacted by Thailand’s unleashing of rice inventory 0

Vietnam is still competitive in soft commodities such as riceSource: Global Times

Thailand’s recent decision to unleash its huge rice inventory of about 17 million tons has negatively impacted many rice exporters, including those in Vietnam, according to the Vietnam Food Association (VFA).

Accordingly, the government of Thailand reduced the price of the 100B rice, which is equivalent to Vietnam’s 5-percent-broken rice, from $430 per ton to $380 per ton. More…

Vietnam coffee premium seen rising amid thin farmer inventories 0

Robusta vietnamSource: Thanh Nien News

Buyers of coffee from Vietnam, the world’s largest producer of the robusta variety used in instant drinks, are paying a higher premium for their beans amid low supplies from farmers, according to Volcafe Ltd. More…

Vietnam government intervention sought to support rice prices 0

vietnam rice exportsSource: Thanh Nien News

The Vietnam Food Association is seeking government approval to enlarge its rice stockpile by another 300,000 tons to keep prices stable after Thailand cut export prices of the grain.

In a recent note to Prime Minister Nguyen Tan Dung, the VFA has proposed that its rice businesses be permitted to buy from September 15 to October 15. More…

Myanmar earns over US$ 840 million from agricultural export 0

Myanmar rice fieldSource: Eleven Myanmar

Myanmar has earned over US$ 840 million from beans and pulses export, according to the Ministry of Commerce.

Myanmar exported over 1.39 million tonnes of agricultural products worth over US$ 845.3 million from April 1 to August 23 in 2013-2014 fiscal year. More…

Myanmar plans to borrow US$2.3bn from China 0

Myanmar kyatSource: Eleven Myanmar

Myanmar is planning to borrow a total of US$2.3 billion from China to finance 22 infrastructural projects, including those of telecommunication, electricity and construction, according to the government’s investment projection for national projects in 2013-14. More…