Industry News

Brazilian parliament approves proposal exempting manufacturers, importers of biopesticides from social taxes

Key words of the passage: Brazil; agriculture; biopesticide; taxBrazilian parliamentarians took an essential step towards approving Bill 5359/19, which exempts manufacturers and importers of agricultural pesticides from paying the so-called social contributions. The Committee on Agriculture, Livestock, Supply, and Rural Development of the Chamber of Deputies approved the proposal, pavin...

06-27

India: FICCI calls for reduction of GST on agrochemicals to 5 percent

Key words of the passage: pesticide; government; agrochemical; cropAs crop protection solutions are crucial for proper management of crop health for higher productivity and income of farmers and sustained growth of the agriculture sector, FICCI said on 22 June that GST Council should consider the agrochemical industry request favourably seeking reduction of the tax rate on agroch...

06-24

TerraNu® fertilizers can reduce nitrogen fertilizer demands by 20 percent

Key words of the passage: fertilizer; produce; demand; soil; healthWith today's high fertilizer prices, the increased yield from TerraNu fertilizers delivers a return on investment of 2x above nutrient value through enhanced soil productivity. Farmers can realize the benefits of adopting regenerative farming practices through existing equipment. Soil respiration research has s...

06-23

Study highlights profit margin in Brazil even with input inflation

Key words of the passage: Brazil; grain; price; fertilizer; costEven with the high inflation in the price of inputs and other costs due to the Ukraine war, grain producers in Brazil can achieve good margins for the 2022/2023 crop by taking advantage of the high prices of the world market for soybeans and corn, concludes a Rabobank study signed by senior analysts Bruno Fonseca and...

06-22

Sri Lanka agricultural experts warn of seed paddy shortage

Key words of the passage: paddy; seed; food; crisis; farmerSri Lanka needs to take immediate actions to grow seed paddy to face a looming food crisis and ensure the next cultivation season also does not fail, agricultural experts have warned. Sri Lanka is going through one of its worst performing cultivation seasons in more than a decade, with a food shortage on the horizon ...

06-21

Mixed fertilization, a trend that adds to the sustainability of agriculture

Key words of the passage: fertilizer; agriculture; technology; soilThe market of chemical synthesis fertilizers has grown strongly in recent years, accompanying the increase in grain production. However, according to several analyses, Argentina needs to double its consumption of chemical fertilizers to maintain and ensure productivity in the face of the continuous extraction of n...

06-20

Supply constraints keep fertilizer prices elevated

Key words of the passage: fertilizer; supply; price; marketKANSAS CITY, MISSOURI, US — Inputs designed to increase crop production, yields, and quality are not immune to volatility and high prices, the two common threads linking all 21 sessions comprising Sosland Publishing Co.’s 45th annual Purchasing Seminar in early June. For the first time, a breakout session at the seminar was...

06-17

China heading for bumper summer harvest ensuring food security: statistics authority

Key words of the passage: grain; harvest; production; farmerChina is expecting a bumper summer harvest this year which will lay a solid foundation for the overall grain production capacity, an official from the Chinese statistics authority told a press conference on Wednesday. The summer grain harvest is expected to be strong, laying a good foundation for a bumper grain harv...

06-16

Nutrien announces plans to increase fertilizer production capability

Key words of the passage: fertilizer; produce; Nutrien; capability Nutrien Ltd (TSX and NYSE: NTR) announced it plans to increase fertilizer production capability in response to structural changes in global energy, agriculture and fertilizer markets. The company has hosted a virtual investor update meeting and provided details on its strategic growth and capital allocation p...

06-15

China provides $4.3 mln from LMC Special Fund 2022 to Cambodia

Key words of the passage: fund; economy; agriculture; environment; developmentChina on Monday provided over $4.3 million from the Lancang-Mekong Cooperation (LMC) Special Fund 2022 to Cambodia for carrying out 13 projects in the kingdom. Chinese Ambassador to Cambodia Wang Wentian and Cambodian Deputy Prime Minister and Foreign Minister Prak Sokhonn signed the agreement on the tra...

06-14

Biopesticides to play a key role in the global shift toward sustainable agriculture

Key words of the passage: biopesticides; chemical; food; agricultureIncreasing awareness regarding the detrimental impacts of synthetic chemicals on agricultural and human health will position biopesticides market at the forefront, given that the product is an ideal alternative to conventional pesticides Agriculture is considered the backbone of the modern economy, especiall...

06-13

Nepal imports 80, 000 metric tons of fertilizers from India

Key words of the passage: fertilizer; import; Nepal; India; factory The government of Nepal is preparing to bring 80,000 metric tons of fertilizer from India. The government, which has extended a G2G agreement with India, mentions that it has begun the process of importing 80,000 metric tons of fertilizer into the country by mid-July. Prakash Kumar Sanjel, a spokesperson fo...

06-10

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