Total alcoholic beverages, especially spirits, have registered strong growth in value over the last 10 years, according to Diageo. Spirits include vodka, tequila, mezcal, brandy and rum. Diageo believes that the spirits business presents long-term sustainable growth opportunities, supported by attractive consumer fundamentals. These include three key factors:
The only GM cotton seeds allowed in Mexico are obsolete varieties and mostly unavailable on the world market, according to a report by the United States Department of Agriculture (USDA). According to cotton producers, ginning companies and government officials from the Ministry of Agriculture and Rural Development (Sader),
By a wide margin, India ranked as the leader in the ranking of the largest rice exporters in the world in 2022. Aindian rice exports were $10.767 billion last year, up 12% over 2021. According to Davis Commodities, the size of the rice market in Asia was valued
U.S. soybean consumption was 62 million 905,000 tons in the 2021-2022 cycle, an increase of 3.1% over the immediately preceding cycle. Looking further back, this consumption grew 29.3% over the 2012-2013 season. Globally, soybean production is concentrated in the United States, Brazil, Argentina and China. The United States
The top five agri-food products exported by Argentina in 2022 were corn, soybean oil, wheat, soybeans and frozen beef. Corn exports accounted for 9.7% of Argentina’s total external product sales and this grain was the nation’s leading export product, considering all economic sectors. However, after reaching a record
The governments of the European Union, Switzerland, the United States, and Paraguay raised questions or expressed concerns about manure purchase supports in India. On October 12, 2022, India’s Union Council of Ministers approved an additional subsidy of INR 286 billion (USD 3.8 billion) for the kharif season (October