Agricultural news

rapeseed field
June 6

Experts estimate the prospects for the EU oilseed harvest 2023/24

European farmers can thresh around 2023 million tonnes of rapeseed by the end of the 24/20,4 season, which is 1 million tonnes more than expected for 2022/23. This prediction was...
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Wheat
June 6

Analysts raise forecasts for Russian wheat exports next season

Analysts at SovEcon Center have increased their estimate for Russian wheat exports in marketing year 2023/24 by 2,7 million tons from the previous estimate – to 45,7 million tons, reports…
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Profit
June 6

After the decision of the European Commission to extend the ban on agricultural exports from Ukraine to 5 neighboring EU countries, prices on the European stock exchanges are rising

The European Commission has extended the ban on imports of wheat, corn, rapeseed and sunflower seeds from Ukraine to Bulgaria, Hungary, Poland, Romania and Slovakia until September 15…
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Sunflower oil
June 6

Kazakhstan increased exports of sunflower oil by 20 percent in the first quarter of this year

Kazakh sunflower oil exporters increased sales of sunflower oil abroad in monetary terms in the first quarter of this year (January-March). According to data from QazTrade, around 80,6…
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Sugar
June 5

A sugar shortage is expected in Romania after the export ban from Ukraine

The Ukrainian government's decision to temporarily ban the import of sugar could lead to a shortage of sugar in Romania - the largest importer. The Romanian edition reports on this…
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Food and Agriculture Organization of the United Nations
June 5

The FAO has published the first estimates of the global grain balance for 2023/24

World grain production could increase by 2023% in 24/1 compared to the previous season to 2,813 billion tons (including rice in flour equivalent), according to the first preliminary forecasts by analysts...
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Olive oil
June 5

Ukrainian sunflower oil export prices have been at all-time lows since May 2020

World prices for sunflower oil based on FOB Black Sea Ukraine have fallen to their lowest level since May 2020, reports the American news agency "S&P Global Platts". On 2….
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corncob
June 5

Favorable weather conditions improve US corn production prospects

Analysts at Refinitiv Commodities Research have increased the forecast for the country's grain production in 2023/24 to 1 million tons by 382 million tons compared to the previous year,…
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Sugar
June 5

Ukrainian sugar producers are asking for the export ban to be postponed

The National Sugar Union of Ukraine “Ukrsahar” believes that the decision to introduce a ban on the export of sugar from Ukraine will prevent its producers from executing already concluded export contracts…
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Verboten
June 5

The European Commission has extended the import ban on Ukrainian grain and oilseeds to five countries

The European Commission has extended the import ban on Ukrainian grain and oilseeds into five border countries (Poland, Slovakia, Hungary, Romania, Bulgaria) until mid-September. This is reported by the Polish agency RAR under…
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Wheat
June 5

Turkey expects wheat production to grow by 23 percent

Turkey's Statistical Institute has released the first official optimistic forecast for 2023 crops of grains, vegetables, fruits and nuts. Almost down the line a…
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Corn field
June 2

Kazakhstan can increase acreage under corn to increase sugar production

Kazakh MPs propose exploring alternative ways of producing sugar to increase domestic production, including corn. “Only 10% of the sugar consumed in Kazakhstan is made from domestic raw materials…
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