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Wheat production in marketing year (MY) 2021/22 is projected at a record 20.8 million tons, 300,000 tons higher than USDA Official.
The COVID-19 crisis and the closure of the European hospitality sector during much of the past year kept EU imports of U.S. beef into its High Quality Beef (HQB) quota well below availability.
MY2021/22 EU total grain production is now anticipated at 293.3 MMT. Abundant rainfall in April and May, while bad for timely spring planting operations, improved soil moisture across the EU and alleviated drought concerns.
As countries roll back COVID-19 restrictions, foreign market demand for beef is becoming a bright spot for U.S. producers.
On July 5, 2021, the European Commission and agri-food industry stakeholders launched the European Union’s Code of Conduct on Responsible Food Business and Marketing Practices as part of the EU Farm to Fork Strategy (F2F).
With the MY 2020/2021 harvest season almost complete, Post lowers its soybean production estimate 500,000 tons, to 44.5 million metric tons (MMT), 2.5 MMT below USDA Official.
On June 24, 2021, the European Commission published a roadmap outlining its intention to revise the labeling rules on alcoholic beverages as part of its Europe’s Beating Cancer Plan.
The European Union (EU) regulatory rules on food packaging were being updated and reviewed.