The EU Commission’s Mars bureau this week nudged its forecast for the EU’s 2023 rapeseed yield higher to 3.34t per hectare, led most likely by an increase in the French crop. Should that be achieved, it would be the highest yield since the high of 3.61t...
Moscow’s signing up to a third extension of the Black Sea grain export deal, confirmed late Wednesday, keeps open the safe corridor for Ukraine’s grain shipments and removes doubts over access to Russia’s substantial exportable wheat supplies too, commented...
Renewal of the UN brokered Black Sea grain export corridor remains a key watchpoint in markets, with it set to expire on Thursday this week, notes the AHDB.
Wheat futures staged their biggest rally in six months after an alleged attack on the Kremlin heightened Russia-Ukraine tensions, stoking doubts over the renewal of the Black Sea grain export deal, warned CRM Agri.
As industry experts warn that some US soy crush expansion projects could be put in jeopardy by EPA proposals, ADM confirms its soybean crushing plant in Spiritwood, North Dakota, is set to come on stream in Q3 2023.
The EU needs to safeguard market access to essential supplies of feed grains and vegetable protein meals to its feed and livestock sectors, said FEFAC referring to the move by Poland, Hungary, Slovakia, and Bulgaria to impose import restrictions on Ukrainian...
Grain markets have returned to prior levels following the late March rally after speculation about Russian export bans and the withdrawal of major trading companies from Russia, finds CRM Agri.
In its second forecast for the 2023 crop, Coceral sees the total grain crop in the EU and UK at 303.5 million tons, which, though lower than its forecast in December, would be a significantly higher than the 290.7m tons harvested last year.
The Ukraine grain corridor agreement, which expired over the weekend, has reportedly been extended, although the details of the terms remain shrouded in ambiguity, noted CRM Agri.
Confidence in Brazilian second corn crop remains high, and planting of US corn has become incentivized due to the sustained and large-scale reduction in fertilizer costs, finds a CRM Agri outlook.
The American Feed Industry Association (AFIA) has moved to dispel what it says are untruths on social media sites and news stories linked to commercial poultry feed and reduced egg production in the US.
A small upside in pork trade is expected for this year, and the re-opening of China is raising opportunities but also uncertainties, finds the latest Rabobank pork quarterly.
Feed mills in China are including more corn in their feed formulations as higher prices for wheat and sorghum reduce demand for those components, found a USDA report.
As ADM reports record profits, it flags headwinds in relation to its animal nutrition business for 2023 due to the impacts of weaker margins in amino acids and recovery in the global supply of lysine.
Rapeseed futures extended their losses in trade on the Euronext exchange yesterday as the market anticipates a cut in German demand ahead, finds an outlook from CRM Agri.
A USDA attaché report for Brazil has increased the 2022/23 forecast for the country’s soybean production to 153 million metric tons (MMT). It also revises upwards its soybean export estimate to 97MMT, a new record.
Another year of decline is expected for pork production in 2023, after a sharp 5% drop in 2022. Rabobank expects pork production in the EU27+UK to contract by about 3% YOY in 2023.
Wheat prices saw record highs in mid-May, before falling notably in recent months, bringing markets back to where they started the year, finds a CRM Agri review.
The latest data reveals that grain exports out of Russia gathered some pace in November, with both corn and wheat exports jumping, relative to October, finds CRM Agri.
Ecuador became the world’s largest exporter and producer of shrimp in 2022, overtaking India as an exporter and China as a producer, according to Rabobank’s Global Animal Protein Outlook 2023.
Global grain markets were under pressure at the start of the week, likely due to ongoing concerns surrounding the global economic outlook, improved weather conditions in South America and some pressure on short term Brent crude oil futures contracts,...
This month’s WASDE saw corn production in the US forecast higher, to 353.84Mt, a slight hike on the 352.95Mt estimated in October, leading to a slightly eased ending stock projection.
There is degree of optimism for an extension of the UN-backed grain corridor deal, which is allowing Ukrainian grain exports ramp up out of the Black Sea.
The European Commission (EC) has decided to extend the period of relaxation on certain import controls on feed inputs, one element in a crisis package.
The latest report from the International Grains Council (IGC) indicates a tightening of global grain markets, mainly due to projected declines in corn and wheat.
A long-awaited review of the UK pork supply chain must lead to action that protects and benefits primary producers, says the chief executive of the national pig association (NPA).
ForFarmers expects its underlying EBITDA in the first half of its 2022 financial year to be slightly higher than the relatively low level in the first half of 2021.
The fall in crude oil markets at the end of last week has pressured vegetable oil and oilseed markets. After last week’s heatwave across the US, this week’s USDA crop progress report will be closely watched, say CRM Agri.
