EGoM on food scheduled to meet on Aug 12 to take decision on sugar, wheat exports

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NEW DELHI: An Empowered Group of Ministers (EGoM) on food will be meeting on August 12 for taking decision on allowing more sugar exports and also lifting restriction on wheat exports. The EGoM is headed by Union Finance Minister Mr Pranab Mukherjee. So far this year, Centre has permitted exports of 1-million tonnes of sugar…


Malaysia palm exports highest since at least 2006

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Palm oil exports from Malaysia, the second-ranked shipper, have continued to soar after rising last month to their highest since at least 2006, boosted by a jump in purchases by China. Societe Generale de Surveillance, the cargo surveyor said that Malaysia’s exports of palm oil products hit 608,200 tonnes in the first 10 days of…


Cashew exports likely to earn US$1.4-1.5 billion in 2011

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Cashew exports in 2011 are likely to reach 190,000 tonnes, earning US$1.4-1.5 billion, down 4,000 tonnes in volume but up 32 percent in value against the previous year. Vietnam is also expected to remain the world’s No. 1 cashew exporter. According to the General Statistics Office (GSO), cashew exports in May reached 53,000 tonnes, down…


Pepper exports forecast to double

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Pepper exports were likely to double last year’s figure to reach US$766 million this year, forecast the Ministry of Agriculture and Rural Development (MARD). The prediction was made because the world currently has a limited supply of pepper. The International Pepper Community (IPC) previously forecasted that this year’s global pepper production would fall by 6,500…


Russia increased the forecast of grain exports to 23 mln tonnes

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In the third time during recent weeks, Russia increased the forecast of grain exports – up to 23 mln tonnes. The country plans to export 20-23 mln tonnes of grains, declared Elena Skrynnik, Minister of Agriculture of the Russian Federation, on August 8. According to her, Russia already exported 2.6 mln tonnes of grains in…


Farm exports surge in six months

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Vietnam’s agriculture, aquaculture and forestry exports reached US$12 billion during the first half of this year, a year-on-year increase of 38.7 per cent, said the Ministry of Agriculture and Rural Development. During that period, agricultural products accounted for the largest proportion of total farm export turnover, with approximately $7 billion worth of goods, marking a…


Ukraine: Khlib InvestBud Ltd. intends to increase grain exports to 5 mln tonnes

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In 2011/12 MY the company Khlib InvestBud Ltd. plans to increase exports of grains by 300% – up to 5 mln tonnes, due to the increase of grain production volumes in the country and number of customers, and despite competition from Russia after cancellation of the export embargo, said Robert Brovdi, General Director of Khlib…


Seafood exports increase sharply in first six months

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Seafood exports surged by 28 percent to US$2.58 billion in the first quarter of the year compared to last year’s period, despite difficulties caused by bad weather and the increasing cost of input materials, said experts. Exports to most markets such as the EU, the US, the Republic of Korea, ASEAN, Mexico, and Canda experienced…


Cassava exports total $590 million

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An estimated 70,000 tonnes of cassava and cassava-made products were exported in June, increasing turnover to US$590 million for the first half of this year, according to the Ministry of Agriculture and Rural Development. In the first five months, the exports totalled 1.56 million tonnes, fetching a total of $555.6 million. Both product volume and…


Nuts, dried fruits exports near $298m

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TEHRAN — Iran exported 91,358 tons of nuts and dried fruits, worth some $297.8 million, in the first three months of the current Iranian calendar year (ended June 21, 2011), the Islamic Republic of Iran Broadcasting reported. In comparison to the previous year’s corresponding figures, the amounts show 30 percent and 23.5 percent increase in…


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