Increased Global Sunflower Production According to recent forecasts from the United States Department of Agriculture (USDA), global production of oilseeds, including sunflowers, is set to grow by 7% in the 2023/24 season. This increase is primarily attributed to significant production booms in soybeans in South America and sunflowers in the European Union, Ukraine, and the … Read more
The Importance of International Trade for US Pork Producers In honor of World Trade Month, it is essential to understand the significance of international trade for US pork producers and the US economy. The National Pork Producers Council (NPPC) emphasizes that US pork farmers have built a global reputation for providing high-quality, safe, and affordable … Read more
The Impact of Weather Conditions on Crop Production The USDA Foreign Agricultural Service (FAS) anticipates a 26% reduction in Australia’s wheat harvest for the 2023/24 financial year, decreasing to 29 million tons. Favorable weather conditions during the sowing of winter cereals contributed to seedling establishment and early plant development. However, the drought predicted for the … Read more
The ongoing conflict in Ukraine and the subsequent sanctions imposed by the EU and its partners have led to a dramatic shift in Russia’s trade relations with the EU and the rest of the world. Prior to the war, Russia was an essential trade partner for the euro area, supplying around a quarter of EU … Read more