Swiss agrochemicals group Syngenta expects crops output in Ukraine to slump substantially this year, it said March 31, as it announced fourth-quarter results. “We hope to be able to save around two-thirds of what would normally be possible,” a spokesperson said, referring to the Ukrainian crops harvest. “We definitely don’t expect a total failure.” The
Syngenta expects Ukraine harvest to fall
China sees little impact from sanctions on potash exports
Sanctions on exports of potash fertilizer from Belarus and Russia are not impacting supply in China, an executive from state-owned fertilizer maker Sinofert Holdings said, due to sufficient domestic stocks. Belarus and Russia are among the world’s top three producers of potash, and China is a major importer. Exports from Belarus were sanctioned by Washington
Putin ally warns agriculture supplies could be limited to ‘friends’
Reuters — One of Russian President Vladimir Putin’s allies warned on Friday that Russia, a major global wheat exporter, could limit supplies of agriculture products to “friendly” countries only, amid Western sanctions imposed on Moscow over the Ukraine crisis. Dmitry Medvedev, who served as president from 2008 to 2012 and is now deputy secretary of
Egypt in talks with Argentina, India and U.S. on wheat imports
Egypt is in talks with Argentina, India, France and the United States for future wheat imports, but is in no rush to buy at the moment, the supply minister said March 24. Egypt is looking for alternatives to Black Sea grain exports, which have been jeopardized by Russia’s invasion of Ukraine. Russia and Ukraine accounted
China to increase soybean acreage by 1.3 million hectares in 2022
China expects to increase its soybean-planting acreage this year and has released soybean oil and soybeans from its reserves in an effort to boost market supply, state radio reported March 17. The country’s soybean-planting acreage is expected to increase by more than 1.3 million hectares in 2022 based on preliminary estimates, state radio reported, citing
German 2022 wheat, rapeseed harvests forecast higher
Germany’s 2022 wheat crop will increase 5.8 per cent on the year to 22.61 million tonnes, the country’s association of farm co-operatives said in its first harvest estimate on March 17. It forecast Germany’s 2022 winter rapeseed crop to rise 11.6 per cent from last summer’s crop, to 3.90 million tonnes after an increase of
Africa could be hit hard by loss of Ukrainian grain exports
Invasion could place food security of many Africans in danger
African countries may be hit hard by any continuing halt to Ukraine’s grain exports caused by the war, a report from Germany’s Kiel Institute for the World Economy (IfW) said on March 18. “The war in Ukraine could significantly worsen the supply of cereals used in food production in African countries, making food more expensive
Ukraine sunseed area seen falling due to war
Lviv | Reuters — The area sown to sunflower in Ukraine is likely to fall to 4.81 million hectares (11.89 million acres) in 2022 from 6.66 million hectares in 2021 due to hostilities in many regions, the agriculture ministry said on Friday. Ukraine is the world’s largest sunflower seed grower and sunflower oil exporter. The
U.S. livestock: Hogs set new contract highs with supplies in focus
USDA shows more cattle on feed
Chicago | Reuters — Chicago Mercantile Exchange hog futures rallied on Friday, with most contracts setting new highs as strong prices for pork and concerns about supplies underpinned the market. Most-active June lean hog futures jumped 3.775 cents to finish at 125.85 cents/lb., closing above the high end of its 20-day Bollinger range after facing
Strategie Grains raises EU wheat export outlook on Ukraine conflict
Some 11 million tonnes of wheat will be lost from the global market in the 2021-22 season because of the conflict between Russia and Ukraine, Strategie Grains said March 17, as the consultancy raised its estimate for European Union exports. The closure of Ukrainian ports and sanctions imposed on Russia after it invaded its neighbour