Ecuador on Tuesday began to ration electricity in the country’s main cities as a drought linked to the El Niño weather pattern depletes reservoirs and limits output at hydroelectric plants that produce about 75% of the nation’s power. The power cuts were announced on Monday night by the ministry of energy, which said in a statement … Read more
Nadir Godrej, Chairman, Godrej Agrovet, says outlook for the “cattle feed as well as aquafeed segments are good. We have a lot of premium cattle feed products now. We have done a lot of R&D in cattle feed, which is showing good results. Our products are being well received. They are more efficient products. So, … Read more
Ocean temperatures hit a record high in February, with the average global sea surface temperature at 21.06 degrees Celsius (69.91 degrees Fahrenheit), the EU’s Copernicus Climate Change Service (C3S) said on Thursday. February’s average sea surface temperature surpassed the previous record of 20.98 C (69.77 F) set in August 2023, in a dataset that goes … Read more
Tractor sales in India, a proxy for rural economic health, have seen a steep decline in key states in the west and south in the first 9 months of the fiscal year, dragging overall sales down 4% in the world’s largest market for the equipment. This follows record growth in FY23. Maharashtra saw a 33% … Read more
Sugar for sale at a supermarket in Yichang City, in China’s Hubei province, on April 6, 2023. Future Publishing | Future Publishing | Getty Images A mammoth rally in 2023 for El Niño-exposed raw materials will likely hit consumers’ pockets over the coming months, according to one specialist food and agribusiness bank. Soft commodities have … Read more
