Europe

© GettyImages/Dmitrii_Guzhanin

EU soy output to hit record high

By Jane Byrne

Soy output in the EU-27 is projected to reach 3m tons this season, an all-time high, and an increase of 33% against 2022.

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Gene editing wars: Experts warn FSA is misleading public

By Jane Byrne

Campaigners representing UK business, farming, certification, academia, and science have lodged a complaint against the UK’s Food Standards Agency (FSA), raising concerns about its public consultation process on precision bred organisms for use in animal...

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Agri-commodity market trends

IGC forecasts 7% jump in global soybean output

By Jane Byrne

World soybean production for 2023-2024 is forecast to expand by 7% year on year (y/y) to a record of 395 million tons, chiefly linked to bigger crops in South America, notes the latest update from the International Grains Council (IGC).

© GettyImages/Dzmitry Dzemidovich

ForFarmers sees increase in gross profit

By Jane Byrne

ForFarmers' financial results for Q3 2023 show a recovery of underlying EBITDA. While sales volumes declined compared to the same period in 2022, they were roughly equal to Q2 this year.

Aerial view of Odessa Port, Ukraine © GettyImages/graphixel

Ukrainian corn crop forecast to grow by 17%

By Jane Byrne

A recent USDA attaché report sees improved grain production in Ukraine over the next 12 months, with volumes set to exceed the previous year, particularly for corn.