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MED-Amin network
(Mediterranean Agricultural Information Network) Fostering cooperation and experience sharing among the national information systems on agricultural (cereals) markets in the Mediterranean. The network of 13 countries is coordinated by CIHEAM, and more specifically by its Mediterranean Agronomic Institute (MAI) of Montpellier.
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EU agri-food exports remain stable unless wheat

EU agri-food exports remain stable unless wheat | MED-Amin network | Scoop.it

By the DG AGRI of the European Commission, 26/10/2018

The year on year performance of EU agri-food exports remains remarkably stable with the September 2017 - August 2018 period representing a 0.1% change on the previous 12 months. This was due to a slight decline during August 2018 with exports dropping to €11.3 billion (a decrease of 2%), with imports also falling slightly to €9.1 billion (a drop of 0.6%). These are the main findings from the latest monthly trade report (476.1 KB - PDF) published by the European Commission.

Exports of cereals (other than wheat and rice) have experienced a significant rise (of €51 million) with pasta and bread (a rise of €32 million) also performing strongly. However, wheat has  experienced a significant decrease, down €62 million and €47 million respectively.

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Difficult start for recently planted EU grains crops

Difficult start for recently planted EU grains crops | MED-Amin network | Scoop.it

by CRM AgriCommodities, 24/10/2018

Weeks of dry, hot weather have resulted in reduced wheat output in key producing/exporting regions in 2018 including Europe, the Black Sea, Australia and Canada. Although the full extent in Australia is still unknown, the final production figure will be highly likely to be lower than the current USDA’s 18.5MMT estimate. It implies that the cushion provided by record large stocks in 2017/18 has eroded, leaving little room for production accidents next year, even more so when coupled with supportive maize/barley fundamentals.

Although we have to remember that wheat is a weed and yields are made in May/June across the Northern hemisphere, the start of the campaign for the 2019 harvest is far from ideal. As per the map below, the drought in Europe and the Black Sea is ongoing and a widespread lack of moisture is evident across most of the continent. As such, the European Commission has warned in its October MARS Crop Monitoring bulletin (full report click here) that  warmer and substantially dryer-than-usual weather conditions in large parts of Europe hampered the sowing and emergence of winter crops’. However, there is still time for the crops to be drilled in Western Europe and some scattered showers are forecast in parts of southern Russia but France, the largest EU wheat producer, will remain dry for at least another week.

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