Crops

Precision farming market to reach US$6.43bn by 2022

Precision Farming in Minnesota Natural Colour partThe Global Precision Farming market accounted for US$2.81bn in 2014 and is expected to grow at a CAGR of 12.53 per cent to reach US$6.43bn by 2022

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Agricultural drone market to be worth US$4.3bn by 2022

13950908853 177c223196 zRegional analysis for agricultural drones market is studied in different geographic regions such as North- America, Europe, Asia-Pacific and rest of world, and suggests that the global market will be worth US$4.3bn by the year 2022


North America has acquired the largest market share in agricultural drones market due to growth in use of drones in California vineyard for making better wine. Europe is the second largest region leading which is driven by crop spraying methods which has led to precise and accurate spraying of pesticides and chemicals on slopes. Asia-Pacific region drives India in boosting its agricultural sector under the mission ‘Make in India’ which increases the need of agricultural drones in market.

The prominent players in Asia in the agricultural drones market are Yamaha Motor Company (Japan), Da-Jiang Innovations Science & Technology Corporation Ltd (China), and Blue Sky Agro (India).

The Global Agricultural Drones Market is growing rapidly over 27 per cent of CAGR and is expected to reach at US$4.3bn by the end of forecast period.

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Far East Agriculture weekly digest - 1st - 5th May

Max Pixel for FEAG 307Here is a brief overview of the week's new on Far East Agriculture, from 1 - 5 May 2017

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RMS expands risk solutions for Asia-Pacific with launch of agriculture risk models

maxpixel.freegreatpicture.com Background Cereal Asia Asian Agriculture Brown 1551091India and China models introduced first with plans to expand coverage further in Asia-Pacific and to the Americas

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Indonesia to create 80,000 hectares of new rice fields

rice field 2153259 1920The Indonesian Agriculture Ministry has expressed its plans to create arpund 80,000 hectares of new rice fields this year as targeted by the government as part of the country’s food security program


The Ministry’s agricultural infrastructure director general Pending Dadih Permana said the new rice fields would be created outside Java, The Jakarta Post reported.

“Many plots of land have not been developed [by the owners]. We will help them convert the land into rice fields. We will prioritise owners who are ready to cultivate their land,” said Pending during a hearing with members of the House of Representatives’ Commission IV overseeing agriculture affairs.

Ground work, including investigations and design surveys, will be carried out in the areas to be used before the rice fields are created. Flattening of land and construction of rice field paths, as well as the development of roads and irrigation infrastructure will also be taken up as part of the initiative.

The ministry has stated that the rice field construction will involve the assistance of the Indonesian Military (TNI) personnel.

Last year, the ministry created 129, 096 hectares of new rice fields in 27 provinces, slightly lower than the target of 132,167 hectares.

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