A leading economist after the release of the latest export data said, “The future of the South African agriculture sector is bright, with the potential for more exports, job creation and economic growth.”
Ukraine’s Grain Exports Stand At 5.5 million metric tonnes In January
After covid-19 disrupted lives and hampered trade and commerce for good couple of years, people had high hopes from the year 2022. With the waning impact of Covid, wide scale rollout of vaccines and mass immunization, people expected the year to support recovery in every aspect. However, the year proved to be a disappointment for everyone in general and for people related with agro export and import business in particular.
Tur dal, often known as pigeon peas, is a member of the legume family and has a lot of fiber and proteins. The pigeon pea plant has dried and split peas (seeds) which make tur dal. It is a staple food for Indian vegetarian families and an essential component of Indian cuisines.
India To Halt Duty-Free Soyoil Imports From April 1 To Support Domestic Oilseed Farmers
India is one of the largest producers of many oilseeds in the world. Many different oil seeds are grown in the country that covers approximately 12% of the total cropped area and the main oil seeds produced in India are groundnut, coconut, sunflower, soybean, mustard, sesamum (til), castor seeds, cotton seeds, and linseed. Despite being one of the largest oilseed crop-producing countries in the world, India is also one of the largest importers of vegetable oils today. There is a spurt in vegetable oil consumption in recent years in respect of both edible as well as industrial usage.
Located in South Asia, India is the 2nd largest wheat producer and consumer in the world, ranking behind China.
India’s Wheat Export Restrictions
The Government of India (GOI) banned the exports of wheat in May ’22 and further restricted wheat flour shipments from July 22. However, the government still permitted a few shipments in order to meet the food security requirements of countries around the world.
With waning impact of covid-19, people had high hopes from the year 2022. Almost all expected the year to support recovery after the covid-19 pandemic wreaked havoc and disrupted lives in the last couple of years. However, the year drifted far away from people’s pre-conceived notions.