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Scooped by
CIHEAM News
October 30, 2024 11:56 AM
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(AgroTypos) "A significant decline in durum wheat production has been observed in Italy in recent years, forcing the country to turn to imports to meet its needs." "Mr. Massimiliano Giansanti, president of the European organizations Copa - Cogeca and Confagricoltura, speaking at the World Durum and Pasta Forum 2024, held on October 18, in Italy, emphasized that "in 2012, the country’s durum wheat self-sufficiency rate was 78%, but in 2023 it dropped to 56%, and in 2024 it will likely fall below 50%, impacted by weather conditions that have negatively affected yield per hectare. Additionally, the producer price has declined due to increased imports of durum wheat from Türkiye"."
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CIHEAM News
from CIHEAM Press Review
October 29, 2024 11:03 AM
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(Medias24) "Les travaux de la 12e réunion ministérielle du Centre international des hautes études agronomiques méditerranéennes (CIHEAM), ont débuté ce vendredi 25 octobre à Rabat. Cet événement réunit les ministres de l’Agriculture et les représentants des 13 pays membres du CIHEAM."
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CIHEAM News
October 30, 2024 7:29 AM
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(Reuters) "BEIJING, Oct 25 (Reuters) - China's grain output is set to exceed a record 700 million metric tons this year, a key agriculture ministry official said on Friday, calling for continued efforts to ensure stable supply. That figure is 0.7% higher than the 2023 harvest of 695.41 million tons, data from the National Bureau of Statistics showed. Highly reliant on imports from Brazil and the United States to feed a population of 1.4 billion, the world's largest grains producer has stepped up investments in farm machinery and seed technology in recent years in its quest for food security."
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CIHEAM News
October 31, 2024 5:27 AM
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(Miller Magazine) "The Suez Canal Economic Zone (SCZone) and the Egyptian Holding Company for Silos and Storage (EHCSS) are embarking on the development of a comprehensive grain handling, processing, and storage facility, with an initial investment of $153 million, as reported by Al Mal News. Set to be completed in two phases, the complex will enhance Egypt’s grain supply capabilities."
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Rescooped by
CIHEAM News
from CIHEAM Press Review
October 29, 2024 10:53 AM
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(Euronews) "The nature of the protests has not yet been confirmed but union leaders say they could spread to Brussels. French farmers are planning fresh nationwide protests this November over concerns about the EU-Mercosur trade deal."
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CIHEAM News
October 30, 2024 11:37 AM
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(Agriculture News ROSNG.ru | National Agricultural Agency) "Kazakhstan's export potential for grain crops in 2024 is estimated at 12 million tons, of which wheat accounts for 7–7.5 million tons, barley will be 1.3–1.4 million tons, and corn will be about 300 thousand tons. This was reported by the Deputy Minister of Trade and Integration, Kairat Torebaev, at a government meeting, according to 'Interfax-Kazakhstan'."
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Scooped by
CIHEAM News
October 30, 2024 11:38 AM
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(AgroTimes) "Customers continue to actively charter vessels for grain shipments, which has led to an increase in freight rates for coaster-type vessels by $2. This is reported by Spike Brokers analysts."
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Scooped by
CIHEAM News
October 30, 2024 7:07 AM
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(Reuters) "BUCHAREST, Oct 23 (Reuters) - Romania's government will approve on Wednesday a plan to upgrade rail infrastructure in the Black Sea port of Constanta to create a second railroad access point, part of wider investments in the port triggered by Russia's war in Ukraine. European Union and NATO member Romania has become Ukraine's biggest alternative grain export route since Russia's full-scale invasion in 2022 and its port of Constanta has drawn an influx of investment, including European Union funds to increase its capacity."
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Rescooped by
CIHEAM News
from CIHEAM Press Review
October 29, 2024 11:01 AM
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(Egypt Independant) "Minister of Water Resources and Irrigation Hani Sweilem warned on Monday that Egypt suffers from water poverty, and its water needs amount to about 114 billion cubic meters annually while its water resources are estimated at about 59.6 billion cubic meters annually."
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CIHEAM News
October 30, 2024 11:41 AM
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(Terre-net) "Les cours du blé sont chahutés par une tentative russe d'instaurer un prix plancher pour ses exportations et de renforcer ses liens avec les pays émergents face à la concurrence d'autres exportateurs. Mardi, le prix du contrat de référence américain est descendu à son plus bas niveau depuis un mois, et son équivalent européen à un plancher de trois semaines. Selon plusieurs sources de marché, la Russie a fixé un prix plancher officieux de 250 dollars la tonne de blé pour ses exportations, décision qui n'a pas été confirmée par le ministère de l'agriculture. C'est sensiblement plus que le cours du blé actuel à la Bourse de Moscou, soit 220 dollars."
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Scooped by
CIHEAM News
October 30, 2024 10:52 AM
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(FeedNavigator) "Sub-optimal weather in Russia and Ukraine is threatening the sowing of winter crops, including wheat, while heavy rains are delaying France’s corn harvest, according to a report from the AHDB."
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CIHEAM News
October 30, 2024 8:56 AM
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(Akkerbouwbedrijf) "The ECB has announced a further interest rate cut of 0.25 percent, bringing the rate to 3.25 percent. For the first time in 13 years, the ECB is lowering interest rates in two consecutive months. he ECB is attempting to boost economic growth in this way, with inflation appearing to play a less significant role. The rate cut is also impacting the Euro/Dollar exchange rate. The Euro is slightly decreasing in value, while the US Dollar is strengthening A weaker euro improves Europe’s trade position, leading European players to adjust their prices.
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CIHEAM News
October 23, 2024 9:20 AM
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(African Manager) "Tunisia’s state grain importer booked 125,000 tons of soft milling wheat and paid $263.42 per ton CFR on average for November-December shipment, agricensus quoted trade sources as saying on Tuesday, October 22."
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Scooped by
CIHEAM News
October 30, 2024 10:43 AM
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(Noticias Agropecuarias) "The new reduction comes from Canada, Australia, and Russia, where climatic conditions have negatively impacted the crop. In Argentina, production is projected to be close to 5 million tons." "The USDA, in its latest report, again reduced the global production estimate for the new 2024/25 campaign to 142.9 million tons, down from the 144.3 million tons projected in the previous report. The RMI estimate in its latest report is 141.5 million tons. Both values are below the harvest of the previous campaign and more than 10 million below the 2022/23 campaign."
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Rescooped by
CIHEAM News
from CIHEAM Press Review
October 29, 2024 10:54 AM
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(IPES-Food) "A new podcast exposing the fossil fuels in our food. Fossil fuels are the lifeblood of our food system. What are the options to phase them out? Subscribe to find out. Brought to you by IPES-Food, TABLE, Global Alliance for the Future of Food."
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Scooped by
CIHEAM News
October 30, 2024 7:27 AM
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(Reuters) "PARIS/KYIV, Oct 24 (Reuters) - Ukraine has rapidly expanded exports of corn seed to the EU in the past two years in rare good news for its war-hit agricultural sector but adding to European farmers' grievances about what they say is unfair competition from Kyiv. It is ramping up shipments under free trade terms granted by the European Union following Russia's invasion, partly reversing the bloc's longstanding seed exports to Ukraine."
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Scooped by
CIHEAM News
October 30, 2024 10:57 AM
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(Terra e Vita) - "Durum wheat, week of price consolidation."
- "Soft wheat, Italian origin suffers from foreign competition."
- "Corn, price lists still at a standstill."
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Scooped by
CIHEAM News
October 30, 2024 7:19 AM
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(Reuters) "KAZAN, Russia, Oct 23 (Reuters) - Leaders of the nations in the BRICS grouping, which accounts for 37% of global economic output, predicted its influence would grow as they met in Russia on Tuesday, outlining common projects ranging from a grain exchange to a cross-border payments system. Russia's President Vladimir Putin, who has sought support from BRICS leaders amid his standoff with the West over the war in Ukraine, said that BRICS' average economic growth in 2024/25 would be 3.8%, compared to global growth of 3.2-3.3%."
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CIHEAM News
October 30, 2024 10:30 AM
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(Akhbar el-Yom, translation by Tridge) "Dr. Sherif Farouk, Minister of Supply and Internal Trade, participated in the 29th French-Egyptian Grain Symposium today, in the presence of Eric Chevallier, French Ambassador to Egypt, and Roland Guiragossian, Director of the Egypt and Middle East Region "France Export Cereal". The Minister of Supply confirmed, during his speech today, that Egypt is one of the largest wheat importing countries in the world, and the Ministry of Supply and Internal Trade, represented by the General Authority for Supply Commodities, is interested in diversifying the sources and origins of the wheat supplied to it."
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CIHEAM News
October 30, 2024 7:04 AM
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(Reuters) "Oct 23 (Reuters) - Global potash supply is returning to levels seen before the invasion of Ukraine, as Russia and Belarus sidestep Western sanctions by increasing shipments to Asia and South America, pressuring producers to cut output and avoid oversupply. Potash production is expected to reach 73 million metric tons this year, with Russian exports at 12-13 million tons and those from Belarus at around 10 million tons, Julia Campbell, head of the potash pricing service at commodity price agency Argus, said."
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Scooped by
CIHEAM News
October 30, 2024 10:35 AM
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(UkrAgroConsult) "According to Rabobank forecast, despite the unfavorable weather conditions in some major grain growing regions, the winter crops harvest in Australia in 2024/25 MY will increase by 1% or 0.5 mln tonnes to 47.1 mln tonnes compared to the previous season, which is 13% below the 5-year average. Thus, in comparison with the previous season, in MY 2024 the harvest will change: - wheat – will increase by 6% or 1.6 mln tonnes to 27.6 mln tonnes (8% less than the 5-year average),
- barley – will decrease by 5% or 0.5 mln tons to 10.4 mln tons (21% less than the average for 5 years)."
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CIHEAM News
October 31, 2024 5:32 AM
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(La Dépêche le Petit Meunier) "La mise en place d’une taxe sur les émissions de carbone des engrais importés dans l’Union européenne devrait renchérir le prix des fertilisants dans les années à venir. Un phénomène qui pourrait être renforcé par le développement d’engrais à faible empreinte carbone"
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Scooped by
CIHEAM News
October 30, 2024 10:32 AM
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(Terre-net) "La France a enregistré en 2023 son second meilleur solde commercial céréalier des dix dernières années. Pour 2025, Business France recommande à la filière de prospecter les marchés qui émergent en Afrique de l’Ouest et en Asie." "Si les exports français de céréales ont baissé d’environ 30 % en volume entre 2022 et 2023, ils permettent à la France d’enregistrer le deuxième meilleur solde commercial des dix dernières années après 2022, avec une valeur exportée de 7,8 milliards d’euros. Ce sont surtout la Belgique (16 %), la Chine (15 %) et l’Espagne (11 %) qui ont acheté des céréales françaises. À noter aussi : une hausse des volumes exportés en Afrique de l’Ouest, notamment en blé tendre."
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Scooped by
CIHEAM News
October 31, 2024 5:53 AM
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(SeeNews) "The volume of Albania’s outbound trade of agricultural goods amounted to 23,619 tonnes in September, an increase from 18,034 tonnes in the same month of the previous year, agriculture minister Anila Denaj said on Wednesday."
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Scooped by
CIHEAM News
October 30, 2024 8:50 AM
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(AgroTimes) "On Friday, wheat quotations on world exchanges fell by 1.6-3%, losing up to 4.5% of their value over the week, under pressure from the new IGC balance sheet, Türkiye's extension of the wheat import ban, and Russia's permission for grain transit from Kazakhstan."
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