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The Black Sea region is a significant supplier of agricultural commodities to the world. Over the past year, global grain and oilseed markets have been roiled by the ongoing military conflict in Ukraine.
The 2021 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world.
A number of factors have converged over the last 18 months to send global agricultural commodity prices to near-record levels. Russia’s invasion of Ukraine – and the potential loss of Ukrainian exports – was the latest development to push commodity prices higher.
A package of export restricting measures aimed at the oilseeds market is expected to dampen the trend of increasing oilseed production in Russia.
MY 2021/22 Korean soybean production and consumption is projected to remain mostly unchanged from the prior year, amid stagnant domestic production and flat consumer demand...
As part of its package of measures to reduce food prices adopted in December 2020, the Russian government issued a number of decrees to restrict exports of some grains and oilseeds...
EEC authorities plan to extend the current restriction on exports of sunflower seeds outside EAEU countries through August 31, 2020 in order to “stabilize prices for sunflower oilseeds...
In MY 2020/21, the oilseed segment of the Russian agricultural sector will see continued growth in production of sunflower seeds, in particular, as well as soybeans.
FAS Seoul forecasts that Korean soybean production for MY 2020/21 will increase by 3 percent.
FAS/Moscow forecasts that in MY 2019/20 the production of three major oilseed crops in Russia will total 18.87 MMT and thus remain at the MY 2018/19 level, with soybeans and rapeseeds...
With a slight increase in projected acreage due to the government-run rice area reduction program, soybean production is expected to rise slightly to 92,000 metric tons (MT) in Marketing Year....
After 10 years under the Living Modified Organism (LMO) Act, Korea plans to improve and revise the LMO Act to address stakeholders’ concerns.