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Aug 05, 2025 News Image UP steps up efforts to boost horticulture exports.
In a step toward transforming UP into a global hub for horticultural exports, the state govt convened the inaugural meeting of the UP state horticulture export promotion board. Held at the directorate of horticulture auditorium in Lucknow, the event brought together key stakeholders, experts and policymakers to strategise the future of agricultural exports.The event was attended by the MoS for horticulture, Dinesh Pratap Singh, who highlighted the state's commitment in ensuring farmers receive better prices and international recognition for their produce.
 Source:  timesofindia.indiatimes.com
Aug 05, 2025 News Image Guar Gum Prices Set for Sharp Incline Across July 2025 as Global Demand Intensifies.
In July 2025, guar gum is witnessing record price hikes led by runaway demand from green energy, food processing, pharmaceutical, and hydraulic fracturing industries as supply chains tighten up. Although planting of crops has seen a modest pick-up, weather risks, declining exports, and increasing freight charges continue to support supply shortages. Downstream industries are affected by this price volatility as it increases production costs. Prices are anticipated by experts to stay high, prompting companies to lock in long-term deals and act fast to prevent disruption and increased procurement expenses.
 Source:  chemanalyst.com
Aug 05, 2025 News Image Top Rice Importer Philippines May Halt Purchases to Help Farmers.
The Philippines may temporarily suspend rice imports to support local farmers in the world’s biggest buyer, potentially increasing the risk of expanding a global surplus. The Department of Agriculture has recommended the plan and also pushed for higher tariffs on imported rice, the Presidential Communications Office said in a statement on Monday, without providing a timeline or indicating when purchases might be suspended.
 Source:  bloomberg.com
Aug 05, 2025 News Image Asia's Rice Market to Grow at 0.9% CAGR, Reaching 767M Tons by 2035.
Driven by increasing demand for rice in Asia, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +0.9% for the period from 2024 to 2035, which is projected to bring the market volume to 767M tons by the end of 2035. In value terms, the market is forecast to increase with an anticipated CAGR of +1.9% for the period from 2024 to 2035, which is projected to bring the market value to $547.1B (in nominal wholesale prices) by the end of 2035.
 Source:  indexbox.io
Aug 05, 2025 News Image Tamil Nadu: Namakkal egg exports record impressive growth.
The poultry hub of Namakkal has made remarkable progress in egg exports by surpassing its own records every passing year. Registering a significant growth, the ‘egg city’ of India exported 11.36 crore eggs till June this year. It was 6.55 crore eggs in the whole of last year.
 Source:  dtnext.in
Aug 05, 2025 News Image Indian buffalo meat exports show resilience amid supply challenges.
Supply issues and insufficient government support represent challenges to India's buffalo meat export hopes, according to market players in the sector, who nevertheless added that shipments could see steady growth if these issues can be tackled. Buffalo meat exports from India have undergone significant fluctuations over the past decade, peaking in 2017 before a downturn in 2020, as per data released by the Agricultural and Processed Food Products Export Development Authority of India.
 Source:  spglobal.com
Aug 05, 2025 News Image Food Processing Boost: Over 1.45 Lakh Projects Approved Under MoFPI Schemes to Strengthen Rural Economy and Support Farmers.
In a major push to transform India’s food processing sector, Ministry of Food Processing Industries (MoFPI) has approved over 1.45 lakh projects under multiple schemes, with a strong focus on infrastructure development, value addition, and farmer support. Minister of State for Food Processing Industries Ravneet Singh, in a written reply in the Rajya Sabha on August 1, informed that under the Pradhan Mantri Kisan SAMPADA Yojana (PMKSY), 1,134 projects have been approved across the country till June 30, 2025. This includes 41 Mega Food Parks and 395 Cold Chain projects.
 Source:  krishijagran.com
Aug 05, 2025 News Image ‘Important conversations’ on trade ties with India will be enabled by the return of high commissioners to the two capitals: Canada minister.
A senior Canadian leader has said the 'important conversations' around trade ties with India will be enabled by the return of High Commissioners to the capitals of the two countries. Federal Minister of International Trade Maninder Sidhu told the agency Canadian Press that the eventual return of top envoys will help 'to carry out those very important conversations'.
 Source:  hindustantimes.com
Aug 05, 2025 News Image WTC Bhubaneswar honours Palladium for its contribution to export facilitation.
Palladium, which supports FPOs (Farmer Producer Organisations) in Odisha under the Promotion and Stabilisation of FPO (PSFPO) project, was felicitated for its contributions to export facilitation and rural market development at the World Trade Day and Members Meet 2025 organised by World Trade Centre (WTC), Bhubaneswar, recently. A media statement said that the highlight of the event was the presentation of five distinguished awards, recognising organisations and individuals that have meaningfully advanced trade and enterprise across key sectors in Odisha.
 Source:  thehindubusinessline.com
Aug 05, 2025 News Image India’s palm oil imports drop 10% in July as soyoil hits 3-year high.
India's palm oil imports fell in July because of cancellations in import contracts, while soyoil shipments surged to a 3-year high due to competitive prices and the delivery of delayed shipments from June, according to five dealers. Lower palm oil imports by India, the world's biggest buyer of vegetable oils, could lead to a stock buildup in top producers Indonesia and Malaysia and weigh on benchmark Malaysian palm oil futures.
 Source:  economictimes.indiatimes.com