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Turkiye announced a three-month export ban on olive oil in bulk and in barrels due to the shortage of olive oil production in Mediterranean countries and subsequent negative effects on domestic prices.
Post estimates that South Africa will produce a record rapeseed (locally called canola) crop of 220,000 metric tons in marketing year 2023/24.
El-Nino weather patterns, which bring less rain than normal, are expected to peak in August to September 2023.
While trade tensions and China’s retaliatory tariffs slashed U.S. agricultural exports to China in 2018 and 2019,
The harvest of grains and rapeseed in the Czech Republic ended in the first week of September. Estimates are optimistic that the production of grains will reach above the 10-year average.
Following the conclusion of Bulgaria’s rapeseed harvest in late July, Ministry of Agriculture (MinAg) and industry reports indicate lower than expected yields and production.
Although oilseed growers in western and central Romania benefited from early-summer precipitation, farmers in eastern Romania experienced significant drought conditions throughout the growing season.
Marketing year (MY) 20/21 soybean imports are forecast at 95 MMT, an increase of 4 MMT compared to the June update based on larger stocks and growing soybean meal feed use for the expanding swine...
EU oilseeds production in MY 2020/21 is characterized by the lowest rapeseed production in more than a decade.