Agricultural consultancy Safras & Mercado on Friday slashed its forecast for Brazil’s 2018/19 soybean crop by 6.5 million tonnes to 115.72 million tonnes, citing a prolonged dry spell in southern parts of the country.
Rising international cereal prices offset declining sugar and dairy quotations in December, according to the Food and Agriculture Organization of the United Nations (FAO), with global food prices remaining “broadly stable” last month.
With the price of tomatoes nearing ₹60 (€0.74) per kg and expected to rise by another ₹5 in the next two days, many Indian’s favourite tomato dishes may end up leaving a more sour taste than usual.
Previously, when poor weather conditions affected vegetable production, the price briefly increased, but now that the weather has become cooler again, vegetable supplies continue to grow.
The current market for outdoor vegetables is not outstanding. Apart from savoy cabbage - which continues to be affected by quality problems - stability and continuity characterize the German vegetable market in January.
Once again, the prices received by Almerian producers during the Christmas campaign have been very low, at a time when the province should be the continent's largest supplier of vegetables.
In 2018, besides common fruit like apples and oranges, more tropical fruit has hit China's western regions since the fruit market has been opening wider to the world.
The month leading up to Spring Festival is the period when oranges enter the market in large volumes, but it is also the period when many products become more expensive.
Farmers in the largest four European Union wheat producers have expanded wheat sowings, partly because dry weather prevented rapeseed plantings, analysts and traders said on Friday.
