In the August report, IGC experts raised the forecast for world wheat exports in 2023/24 from 196.9 to 197.2 million tonnes (206.6 million tonnes in 2022/23), particularly for the EU […]
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Author: E. Jarvis
Hazelnut Market: Still in the Discovery Phase
Exporters assume a price of 75 TRY/kg The hazelnut market is still in the discovery phase. With a few exceptions, the 2022 harvest is no longer on the market. As […]
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Flaxseed Oil Shortage Expected Globally
In the next season, global flaxseed oil production may decrease by 17% to only 3 mln tonnes, which will be the weakest in the last five years. This forecast was […]
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Grain Market Outlook on the First Day of the Weak
European Grain Markets After a distinctly slow week, the Matif grain markets closed fairly firm on Friday, making another bid to stem the decline Technically, wheat still holds the July […]
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Continuing Rise in Prices of Olive Oil in Spain
Spanish authorities consider the situation with the continuing rise in prices for olive oil, which is a basic element of the consumer basket among the local population, to be critical. […]
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EU Reduces Imports of Oils and Oilseeds
In the period from July 1 to August 13 this year, the EU countries imported over 1.6 million tonnes of major oilseeds, which is 40% lower than the level in […]
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Global Food Imports to Reach Record High – FAO
Global food imports will reach $1.98 trillion in 2023, up 1.5% from the record high of 2022. This forecast was made by the chief economist of the Food and Agriculture […]
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Egypt Purchased 40,000 Tonnes of Sunflower Oil
Egypt’s state food procurement agency GASC has contracted almost 40,000 tonnes of sunflower oil during the tender, reported by Nasdaq. In particular, 12 thousand tonnes of the product was purchased […]
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Global Barley Production Expected to Decline
Demand prices for barley have recently started to rise amid sales curbs by producers, who initially sell rapeseed to replenish working capital, delaying sales of wheat and barley until the […]
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Shortage of Potatoes in Europe
Most European countries are experiencing a shortage of potatoes due to the cool spring and dry summer, the effects of the rise in the price of nitrogen fertilizers last year, […]
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