Agriculture

The Canadian Competition Bureau has expressed significant competition concerns regarding the proposed merger between U.S. grains merchant Bunge (BG.N) and Glencore-backed Viterra. In a statement released on Tuesday, the bureau highlighted that the deal is likely to lead to substantial anti-competitive effects and a significant reduction in competition between Viterra and Bunge in agricultural markets […]

The latest weekly crop progress report from the U.S. Department of Agriculture (USDA) revealed that only 50% of the U.S. winter wheat crop is in good-to-excellent condition, falling short of average analyst estimates by 4 percentage points. Despite still being the highest ratings for this time of year since 2020, the unexpected decline has raised […]

India is expected to experience a record-high sugar consumption this year, driven by increased demand during the scorching summer season and the mobilization of millions for the ongoing elections. The surge in consumption is anticipated to elevate local sugar prices and improve the profit margins of major sugar producers, including Balrampur Chini (BACH.NS), Shree Renuka […]

According to research conducted by a conservation group, farmers in Liberia are clearing forests to establish cocoa plantations and trafficking the beans into neighboring Ivory Coast, posing a challenge to European efforts aimed at curbing deforestation. An upcoming law approved by the European Union, set to take effect at the end of this year, is […]

Malaysian palm oil futures experienced a rebound on Monday, bringing an end to a six-day decline, as they tracked higher soyoil prices. The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange rose by 14 ringgit, or 0.36%, to reach 3,940 ringgit ($819.53) per metric ton at the close of trading, […]

During his visit to China, EU Agriculture Commissioner Janusz Wojciechowski emphasized the EU’s focus on increasing agri-food exports to China while seeking to shield the food sector from escalating trade tensions between China and the EU. Wojciechowski stressed that the food trade with China currently faces no barriers for imports, and he aims to prevent […]

Egypt’s General Authority for Supply Commodities (GASC), the state grains buyer, has concluded a procurement of 250,000 metric tons of raw sugar in a recent tender, marking an increase from the initially estimated 200,000 metric tons. The supply ministry has confirmed that the shipments are expected to be delivered between the months of May and […]

The UK’s departure from the EU’s single market has led to concerns among UK sellers, particularly in the food industry, as new border checks and regulations are set to disrupt fine food imports from the EU. Panzer’s delicatessen in London has already experienced a loss of 37 EU suppliers, with fears that more may follow […]

Experts have issued a warning for Latin American nations to remain vigilant as the weather phenomenon known as El Nino rapidly transitions into La Nina, offering limited time for populations and crops to recuperate. The shift from El Nino’s abundant rains to the potential droughts associated with La Nina, along with an anticipated intense hurricane […]

China’s Ministry of Agriculture and Rural Affairs has indicated a decline in the country’s hog, sow, and piglet herds following government initiatives aimed at reducing production capacity. The reduction in herd sizes comes as part of Beijing’s efforts to address oversupply issues and a prolonged period of low prices, with the expectation of price recovery […]