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Jan 02, 2026 USDA details $12 billion farm aid package favouring rice, cotton; soy farmers warn of strain. The U.S. Department of Agriculture released details on Wednesday about how much row crop farmers will receive next year from a $12 billion aid program, ‌but soybean growers say such payments fall short of helping those hurt by low crop prices and trade disputes. The Farmer Bridge Assistance program is expected to distribute $11 billion in one-time payments to farmers, who will be paid on a per-acre rate if they planted one of the 19 commodity crops identified as being eligible for the program, USDA said in a statement on Wednesday. Source: thehindubusinessline.com
Jan 02, 2026 Strong Russian buying lifts Indian coffee exports to record over $2 billion. India’s coffee exports for calendar year 2025 have crossed record $2 billion mark, registering a 22 per cent growth over the previous year on high prices and strong buying from the Russian Federation. Per the Coffee Board’s latest data, shipments, based on the permits issued, touched $2.058 billion during 2025 over previous year’s $1.679 billion. Overall volumes saw a decline around 4.5 per cent at 3.48 lakh tonnes (lt) over previous year’s 4.02 lt, despite an increase in shipments of Arabicas and instant coffees. Source: thehindubusinessline.com
Jan 02, 2026 Rice procurement up 7% in Oct-Dec as 72% of kharif target is completed. India’s rice procurement is up 7 per cent in the first three months of the current kharif marketing season with 72 per cent of the target being met till now. However, the official purchase in three major contributing states Punjab, Chhattisgarh and Odisha has dropped. But there has been an unexpected rise in procurement of the cereal in West Bengal and Tamil Nadu, besides a substantial jump in Andhra Pradesh and Telangana. This has helped the Centre to procure more rice. Source: thehindubusinessline.com
Jan 02, 2026 India, Israel teams may meet next month on proposed trade pact: Official. India and Israeli teams are expected to meet next month on the proposed Free Trade Agreement (FTA), an official said on Wednesday. In November, the two countries inked terms of reference to formally start negotiations for the agreement, which aimed at boosting bilateral trade and investments. Source: economictimes.indiatimes.com
Jan 02, 2026 India's exports may reach $950 billion in FY27 on West Asia trade pacts. India's goods and services exports could reach $840-850 billion in FY26 and rise to about $950 billion in 2026-27, driven by free trade agreements particularly with West Asian countries and strength in services and technology-led sectors such as electronics, exporters said. Rising tariff barriers and climate-linked trade restrictions, however, are expected to pose significant challenges to sustaining export growth, they added. Source: economictimes.indiatimes.com
Jan 01, 2026 150 Northeast products identified for GI tagging over next two years. At least 150 unique products from the North Eastern region have been identified for Geographical Indication (GI) tagging over the next two years, the government said on Monday, in a move aimed at protecting and promoting the region’s indigenous heritage and traditional industries. The Ministry of Development of North Eastern Region (MDoNER) is leading efforts to secure GI tags for distinctive agri-horticultural produce, handloom and handicraft items from across the region. Source: nenews.in
Jan 01, 2026 State agri dept provides land to APEDA to set up Basmati facility. The state agriculture department in UP extended a final nod for the allotment of 7 acres of land out of the 66.7-acre area of Pilibhit’s Tanda Bijesi village-based govt agriculture farm to the Agricultural and Processed Food Products Export Development Authority (APEDA) to set up a basmati seed processing facility-cum-training centre and demonstration farm. Source: timesofindia.indiatimes.com
Jan 01, 2026 India Fast-Tracks FTA Talks with Russia-led EAEU and Israel to Counter High US Tariffs. India is expected to expedite its negotiations on the free trade agreement or FTA with key nations like Russia and Israel soon, starting from January in the new year. The move of the government aims at diversifying its export markets due to high tariffs imposed by the United States. Source: deccanchronicle.com
Jan 01, 2026 Rabi sowing area posts strong growth, overall coverage up by 6.87 lakh hectares. The Ministry of Agriculture & Farmers Welfare has released the latest data on Rabi crop sowing for the 2025–26 season, reporting a robust expansion in coverage compared with the previous year. As of December 26, 2025 the total area sown under Rabi crops has reached 614.30 lakh hectares, showing an increase of 6.87 lakh hectares over the corresponding period last year, according to official figures. Source: fnbnews.com
Jan 01, 2026 Bumper Australian crop meets soft global prices, limiting revenue upside. Australia’s agricultural sector is poised for an exceptional winter crop harvest in 2025–26, but farmers may not fully benefit from their record output because global commodity prices remain weak, according to the latest report from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES). The December Agricultural Commodities Report forecasts the total value of Australian crop production at $53.4 billion, a marginal rise of just 0.2% year-on-year, even though production volumes are expected to climb about 8%. Favourable seasonal conditions in regions such as Western Australia, Queensland and northern New South Wales have supported strong yields. Source: fnbnews.com
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