FAO expects Vietnam to be among the top five countries with the largest rice output in 2017

According to the Food Proof Report published by the Food and Agriculture Organization (FAO), global rice production this year is likely to increase by 0.7% over last year to more than 502 million tons thanks to Policies to promote production in Asia and production recovery in South America and Australia. The five countries with the largest rice production this year are China (over 142 million tonnes), India (over 110 million tonnes), Indonesia, Bangladesh and Vietnam. After two years of decline,…

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Tea exports to the Indian market increased sharply

Preliminary statistics from the GDVC in Vietnam, 5 months 2017, Vietnam has exported to India nearly 1.4 billion, up 40.82% over the same period 2016. Vietnam exported to India 28 kinds of goods, including electronic products are the main products, accounting for 15.1% of total turnover, reaching 212.2 million, up 122.4% , The second largest in terms of turnover was telephone and components, accounting for 14.9% market share, reaching USD 209.4 million, up 43.41%, followed by metal and products up…

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Giá đậu tương kỳ hạn tại Trung Quốc đạt mức cao nhất 3 tháng

Soybean futures in China hit a three-month high on Monday. Soybean futures in China hit a three-month high on Monday, led by information from the world’s leading importer of soybeans that has stepped up controls on imports of GM soybeans. , Increased supply expectations tightened, even when the market surplus. China allows the import of soybeans used to pressurize animal feed oil (all GMO soybeans), but does not allow the use of peas in food products. However, trade data for…

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The low price of pigs makes it difficult for companies, feed agents

In the past few months, breeders have been selling pigs for less than the cost of production, and this has also made cattle feed companies and agents difficult to sell and recover. Nguyen Hoang Van, a cattle feed dealer in Thong Nhat District, Dong Nai Province, said that his desire now is to make the pigs recover quickly so that the end of the year the livestock can pay their debts. “We bought pillows from feed companies, some of which…

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The pigs decreased, imports of food increased sharply

The amount of animal feed and raw materials imported in the first five months of this year has increased sharply, despite the difficult situation of livestock raising leading to reduced pigs. MARD statistics show that, as of May 20, the total number of pigs consuming the most feed in the livestock sector increased by 3 in May. – At the same time, the amount of feed imported in May reached $ 190 million, bringing the total import value of this…

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The value of arts and crafts exports is about $ 1.7 billion a year

According to the Vietnam Village Association, there are 5,411 craft villages and craft villages, of which 1,864 craft villages, traditional craft villages and 115 traditional craft have been recognized. The number of households and businesses in rural areas increased on average from 8.8 to 9.8% per year; Production value increased 15% / year on average. The handicraft industry has attracted 1.5 million workers and now brings the value of export turnover to about $ 1.7 billion per year. However, according…

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June rice price is forecasted to increase slightly

The price management department predicts that in the coming time, the supply of rice will continue to be supplemented from the summer-autumn crop, while the demand for rice will increase and the price of paddy and rice in the country is forecasted to be stable or slightly increase.   On the world market, compared with April 2017, export prices of rice exported in May 2017 increased in Vietnam and Thailand market due to export prospects. donate. In Thailand, 5% price…

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Exporting rice is harder and harder

The Vietnam Food Association (VFA) does not allow traders to export rice to some markets … On 6/6/2017, the Vietnam Food Association (VFA) issued Official Letter No. 164 / CV / HHLTVN to rice exporters, clearly stating that the two companies Vinafood1 and Vinafood2 are currently delivering It deals with the markets of Bangladesh and Malaysia, and is preparing to bid for the Philippines market, thus requiring traders not to trade with those markets or otherwise report to the Ministry…

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Asian rice as of June 8th: Thailand’s highest rice price for 4 years due to strong demand

Thai rice prices soared to record highs for four years while Vietnam rice was also the highest in more than two years on strong demand from major importers. Thai 5% broken rice was trading at $ 440-457 / tonne FOB Bangkok, 8/6 prices, up from $ 430 a tonne a week earlier. Thai rice has risen sharply since March, as traders began loading their ships, and now hit an all-time record since August 2013. “Many rice vessels are arriving and…

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EU lowered forecast of cereal production due to drought in Spain

The European Commission reduced its estimate of European cereal production for the forthcoming 2017/18 season, leading to the expected reduction in barley production after the drought in Spain. Extreme aridity in Spain and other parts of western Europe, as well as cold weather in some countries in the spring, has led forecasters to reduce yield prospects in the EU. In the monthly supply and demand report released on Thursday, the European Commission reduced its EU barley production forecast for 2017/18…

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