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Showing posts from September, 2021

Why is India called “The Land of Spices”?

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  India is considered ‘The Land of Spices’ as Indian Spices are world-famous for their flavor and fine texture. The glory of Indian spices prevails all over the world and that helps India holding a commanding position in the global spice trade. Indian spices are well-known for their flavor and aroma in both domestic and international markets. India is the largest producer, consumer, and supplier of spices. India finds its unity in its diversity as all these variations bring a lot of different people, cultures, traditions, heritage, and delectable cuisines. Our taste palates are designed so well from a very young age thanks to the amazing kind of delicacies we have. These mouthwatering dishes are derived from the extensive use of spices that our nation offers. There are many culinary methods and regional specialties that have been impacted by many factors throughout India’s history. Indian food is loaded with religious, cultural, and historical influences. Now, let’s dive deeper into th

Top 5 Wheat Producing Countries During 2020-21

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Wheat is one of the essential crops to humanity as it is a mainstay in everyone’s diet around the world. Wheat is a commonly grown crop whose seed is a cereal grain used as a staple meal globally. In this statistical piece of content, you will get an overview of the world’s top 5 wheat-producing countries in 2020-21. The 5 top wheat-producing countries contribute significantly to the global food supply as they comprise almost half of the total wheat production in the world. It is estimated that emerging nations consume over 75 percent of global wheat output, while wheat accounts for around 25 percent of total grain production worldwide. Here Is The List Of The Top 5 Wheat-Producing Countries Worldwide During 2020-21- Source- Statista.com Volume in Thousand Metric Tons European Union 135,800 China 134,250 India 107,592 Russia 85,300 United States  49,691 Note- Data sourced from credible sources and figures are approximations only. European Union: European Union emerged as the winner in

Agri-Commodity Market Narrative – Important Facts

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  Introduction to Agri Commodity Trading: The term  Agri commodity  is commonly used about basic agricultural products that are either in their original form or have undergone only primary processing. Examples include cereals, coffee beans, sugar, edible oil, fruits, vegetables, meat, cotton, rubber, etc. The basic commodities that drive the market include eatable items, oil and gas products, solid minerals, metals, and above all agricultural products. They are exchanged globally, with firms in two nations acting as the primary catalysts for the trades, while their governments provide the essential facilities. The Agri commodity trading industry has grown more accessible to smaller participants in recent years. Moreover, the world has changed drastically after the Coronavirus intervention. Surviving the virus is one thing; another is surviving its impact on the global economy. Every nation is trying too hard to revamp the economy with some of the other methods. The COVID-19 pandemic ha

Impact of Covid -19 on Pulses Exports

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Pulses  are a rich source of protein and are consumed in the form of split-grain, whole grain, flour, and dehulled split grain. They are the edible dry seeds of the plants belonging to the Leguminosae family. Different types of  pulses  are grown in the world. Pulses are categorized into major and minor categories, depending upon the production and world consumption. The world pulse industry showed a substantial growth rate over the last few decades. However, the global pandemic affected the pulse industry in every aspect like production and  pulses exports . But, the effect of the corona pandemic on pulses, grain, and oilseed sector was not as bad as compared to the other Agri-commodities sector. Impact of Covid -19 on Pulses Exports: The global pandemic created a crisis situation among Agri-commodity suppliers/buyers in the world trading sector. The Agri-commodity sector is a broad sector covering various food markets like rice, wheat, oilseed, branded products, pulses, etc. The mark