August 16, 2024
Cargill’s sales fall in the 2024 financial year
Source: Ukragroconsult (Ukraine) According to the company’s annual report published on August 13, Cargill’s turnover in the 2024 financial year, which ended on May 31, was 160 billion dollars. Last…
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August 14, 2024
EU harvest forecasts deteriorate further
Source: Ukragroconsult (Ukraine) Estimates for this year’s grain harvest in the European Union continue to fall due to the weather conditions that have affected harvests in France and Germany. This…
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August 8, 2024
Ukraine could lose 10-15 percent of late crops due to the heatwave
Source: APKinform (Ukraine) The losses of late harvests in Ukraine due to the drought could amount to 10-15%. This assessment was made by the acting Minister of Agrarian Policy and…
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August 6, 2024
Global agricultural commodity traders could reduce their profits due to oversupply
Source: Ukragroconsult (Ukraine) The profit decline affecting major global agricultural products traders may worsen as food inflation, which has helped lift profits to record levels in recent years, eases, UkrAgroConsult…
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August 5, 2024
EU approves the merger of Bunge and Viterra
Source: Ukragroconsult (Ukraine) The European Commission approved the $34 billion merger between Bunge and Viterra on Thursday, according to Reuters. “The European Commission has cleared the proposed acquisition of Viterra…
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August 2, 2024
Under the embargo, Russia has increased its exports of agricultural products 2.7-fold to 43.5 billion dollars
Source: Oleoscope (Russia) Russia’s exports of agro-industrial products increased 2.7 times during the embargo on food from a number of Western countries, while the share of agro-industrial exports in the…
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August 1, 2024
French farmers ask the government for help
Source: Ukragroconsult (Ukraine) French farmers are asking the government for financial support as there is a risk that this year’s wheat harvest will be the lowest in at least decades…
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July 29, 2024
UN reports drought in southern Africa, 27 million people at risk of starvation
Source: Oleoscope (Russia) The worst drought in 100 years has hit southern Africa, pushing 27 million people in the region to the brink of survival. Lola Castro, Acting Regional Director…
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July 23, 2024
USDA July report – data for Russia, the EU, Kazakhstan and Ukraine
Source: Zerno.ru (Russia) In its July report, the US Department of Agriculture left its forecast of 83 million tons of wheat harvested in Russia in the current crop year (July…
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July 23, 2024
EU ready to impose tariffs of 12.8 to 36.4 percent on Chinese biodiesel imports
Source: Oleoscope (Russia) The European Union plans to impose temporary tariffs on Chinese biodiesel after finding it being sold at unreasonably low prices on EU markets. Chinese companies exported 1.8…
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July 12, 2024
Russia ranks first in the world for wheat and barley exports and second for sunflower oil exports
Source: Оleoscope (Russia) According to the results of the completed agricultural season (July 1, 2023 – June 30, 2024), Russia ranks first in the world in terms of wheat and…
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July 9, 2024
A heat wave threatens harvests in China
Source: Ukragroconsult (Ukraine) An extremely hot summer with droughts, floods and typhoons is jeopardizing harvests in China. This is reported by the Bloomberg agency. Temperatures in the country were above…
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