Agriculture

Algeria has barred French companies from participating in a recent wheat import tender, requiring that no French-origin wheat be offered. This decision reflects escalating diplomatic tensions between Algiers and Paris, particularly following France’s support for Moroccan sovereignty over Western Sahara, a region Algeria backs for independence. Key details include: Algeria is one of the world’s […]

As of now, Russia has harvested approximately 85 million metric tons of wheat and 120 million tons of grain from 90% of the seeded area, according to Agriculture Minister Oksana Lut. The official forecast for this year’s total grain harvest stands at 132 million tons, reflecting an 11% decrease from 148 million tons in 2023 […]

The proposed delay in the European Union’s anti-deforestation law (EUDR) is causing significant losses for companies that have already invested in compliance. Industry groups and traders warn that a 12-month postponement would undermine efforts made by businesses to source agricultural products responsibly. Key points include: The EUDR aims to ban imports of commodities like cocoa, […]

Egypt is strategizing to reduce its wheat imports and lower expenditures on subsidized bread by incorporating corn or sorghum into the bread-making process. Sources indicate that these measures could save the government millions of dollars, but they face pushback from bakers and millers concerned about potential financial losses and declines in bread quality. Key points […]

The United Nations’ world food price index saw a significant increase in September, marking its largest gain in 18 months, primarily due to soaring sugar prices. The index rose to 124.4 points from 120.7 in August, reflecting a 2.1% increase year-on-year. Key highlights include: The sugar index surged by 10.4% month-on-month, influenced by poor crop […]

Egypt is implementing strategies to reduce wheat imports and lower government spending on subsidized bread by adding corn or sorghum to the flour mix, according to industry sources. This initiative aims to save millions of dollars but faces backlash from bakers and millers concerned about potential declines in bread quality. The government has been struggling […]

The United Nations’ Food and Agriculture Organization (FAO) reported a notable increase in the world food price index for September, marking its largest gain in 18 months, primarily due to soaring sugar prices. The index rose to 124.4 points from 120.7 in August, reflecting a 2.1% increase year-on-year and reaching its highest level since July […]

The European Commission has announced a proposal to delay the implementation of its landmark anti-deforestation law, which aims to ban the import of commodities linked to deforestation, by an additional year. This decision comes in response to requests from various industries and governments worldwide. The law, known as the EU Deforestation Regulation (EUDR), has been […]

Egypt’s state grains buyer, the General Authority for Supply Commodities (GASC), has finalized one of its largest direct wheat supply agreements, ensuring monthly shipments from November to April. According to sources, the deal involves supplying around 510,000 metric tons of wheat each month, totaling up to 3.12 million tons, primarily sourced from Black Sea origins. […]

On Tuesday, U.S. East Coast and Gulf Coast dockworkers initiated their first significant strike in nearly 50 years, disrupting approximately half of the nation’s ocean shipping. The strike, prompted by stalled negotiations over a new labor contract, affects the transportation of essential goods, including food and automobiles, across numerous ports from Maine to Texas. Analysts […]