ARTICALS 4

The rejection of Indian non-basmati rice shipments to the European Union (excluding the UK) due to pesticide residue concerns has seen a sharp rise from 3 cases in 2020 to 37 in 2024. In contrast, Pakistan’s non-basmati rice rejections have significantly declined from 54 in 2020 to just 2 in 2024, highlighting a growing challenge for Indian exporters.

The higher blend also comes as biofuel supplies are getting a boost from the startup of new plants that process corn, with industry group Unem listing as many as 12 new units currently in project phase or under construction.

The United States Department of Agriculture (USDA) has raised its forecast for U.S. ethanol export volumes for fiscal year (FY) 2025, predicting a record 1.85 billion gallons, according to the agency’s latest quarterly trade outlook released on February 27, 2025. This updated forecast represents a slight increase compared to the previous quarterly outlook.

The Brazilian Association of Vegetable Oil Industries (Abiove) has revised its estimate for Brazil's 2024/25 soybean crop output, lowering the forecast to 170.9 million tonnes. This is a slight reduction from the 171.7 million tonnes projected in the previous month. The updated estimate was announced in Abiove’s monthly report released on Wednesday, March 19, 2025.

Islamabad: Pakistan has achieved a significant breakthrough in its rice export sector by securing a reduction in the customs valuation of its rice exports to Kenya. The valuation has been lowered from $615 to $460 per metric ton, a development expected to enhance the competitiveness of Pakistani rice in the Kenyan market and strengthen bilateral trade relations between the two countries.

IonoGuard enhances RTK GNSS signal tracking and positioning accuracy, minimizing downtime and ensuring seamless operations during solar activity peaks.

In the fast-moving world of international trade, India has transitioned from a regional powerhouse to a global supplier in key commodities, from sugar and jaggery to soybeans, rice, and industrial minerals. Yet, despite its vast production capacity, India remains a paradox—a market full of opportunity but also unpredictability.

NEW DELHI: FMCG (Fast-Moving Consumer Goods) stocks witnessed a notable surge during Monday’s trading session, driven by improved investor sentiment and robust demand in the sector. The uptick in FMCG stocks contributed significantly to the broader market’s positive momentum, with both the Sensex and Nifty ending on a higher note.

Moscow, March 2025 – Russia announced on Tuesday that the United States had agreed to help lift restrictions on Russian food, fertilizer, and shipping companies in exchange for securing a maritime security deal in the Black Sea. The agreement, which includes provisions for banning military strikes on energy infrastructure, marks a significant step toward de-escalating tensions and potentially paving the way for broader peace negotiations to end Russia’s three-year war in Ukraine.

India is on the verge of becoming the world’s largest consumer market, surpassing major global economies, according to a recent report by Angel One and Iconic Asset. The report highlights that consumption currently accounts for 56% of India’s Gross Domestic Product (GDP), and this figure is projected to double by 2034, making India the fastest-growing consumer market globally.

Agriculture and Agri-Food Canada (AAFC) has significantly raised its ending stocks projections for Canadian canola and peas for the 2025/26 marketing year, citing geopolitical risks and trade uncertainty following the imposition of new Chinese tariffs.

Trends indicate increasing demand for premium, organic varieties, value-added products, and e-commerce growth, with consumers focusing on sustainability and ethical sourcing.