MENA faces a crisis as the world’s key wheat producers are at war
As two of the world’s key wheat producers face off in an all-out war, tomorrow looks grim for the Middle East and North Africa (MENA) countries that need wheat from Ukraine and Russia.
Rising crush demand sparks cut to U.S. soy supply view
U.S. soybean supplies will be smaller than previously forecast as demand from the crushing industry rose, the government said on Wednesday.
Taiwan to relax Japan nuclear disaster-related food import ban
Taiwan said on Tuesday it would relax a ban on Japanese food imports put in place following the 2011 Fukushima nuclear disaster, hoping to show it is a responsible partner and ease its entry to a major trans-Pacific trade pact.
Russia’s Acron to buy fertilizer plant from Brazil’s Petrobras -minister
Russia’s Acron Group has reached a deal to acquire a fertilizer plant from Brazilian state-run oil company Petrobras in the state of Mato Grosso does Sul, Brazil’s Agriculture Minister Tereza Cristina Dias said on Friday.
Cocoa processors in Brazil see 5% grind jump as country reopens
Cocoa processing in Brazil, the world’s fifth-largest chocolate consumer, has recovered from the pandemic and the industry projects a grinding increase of up to 5% in 2022 as the country, one of the worst-hit by the COVID-19, reopens.
Lack of rain in Ivory Coast raises concerns for cocoa mid-crop
No rain and a dry wind last week in most of Ivory Coast's cocoa-growing regions raised concerns for the quality and development of the April-to-September mid-crop, farmers said on Monday.
Analysis-High U.S. meat prices: packer profiteering or capacity crunch?
The Biden administration is targeting a small group of meatpackers for high beef, pork and poultry prices that it says are squeezing consumers and fueling inflation, arguing that they are abusing their market power.
Ozone harms East Asian crops, costing $63 bln a year, scientists say
Fossil fuel emissions aren’t just driving climate change and worsening air quality, they’re also hurting crop yields enough to cause some $63 billion in annual losses in East Asia, scientists say.
GRAINS-Soy futures ease on outlook for rain to aid South America crops
Chicago Board of Trade soybean futures slumped on Friday to their lowest price in more than a week under continued pressure from forecasts for rain in dry South American growing areas, analysts said.
Column-Market chaos not a guarantee in USDA’s Wednesday data dump -Braun
The U.S. Department of Agriculture on Wednesday will release its biggest data onslaught of the year, and industry analysts are expecting relatively ho-hum results, opposite of many report outcomes in the last couple of years.
