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EU flags in front of the headquarters of the European Commission in Brussels. (Jorisvo/iStock/Getty Images)
Canola, Crops, Markets, Soybeans

EU’s oilseed yields expected to decline in 2022-23

USDA's attaches predict uptick in EU's oilseed acres

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MarketsFarm — The U.S. Department of Agriculture’s (USDA) attachés in Europe have projected oilseed production in the 27-member European Union to increase just slightly in 2022-23. The 18 attachés involved in the report expect about 31.07 million tonnes in total, for a 0.4 per cent bump in total oilseed output from 2021-22. The oilseeds included […] Read more
CBOT May 2022 wheat (candlesticks) with MGEX May 2022 wheat (orange O/H/L/C) and K.C. May 2022 wheat (black line). (Barchart)
Crops, Markets, Reuters

U.S. grains: Chicago wheat limit up to 14-year peak

Soyoil sets record on Russia-Ukraine crisis

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Chicago | Reuters — Chicago Board of Trade wheat futures soared by the daily limit to their highest level in almost 14 years on Tuesday as traders feared prolonged disruptions to global supplies following Russia’s invasion of fellow grain exporter Ukraine. Soyoil futures set an all-time high on worries over vegetable oil exports from the […] Read more
EU flags in front of the headquarters of the European Commission in Brussels. (Jorisvo/iStock/Getty Images)
General, Markets, Reuters

EU predicts pain for farmers, consumers from Ukraine crisis

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Brussels | Reuters — Russia’s invasion of Ukraine and EU sanctions on Moscow will prove painful for farmers, consumers, fertilizer makers and exporters of farm products, the European Commission warned on Monday. Michael Scannell, deputy director-general of the Commission’s agriculture division, said grain buyers should brace for higher prices given that Russia and Ukraine made […] Read more
EU flags in front of the headquarters of the European Commission in Brussels. (Jorisvo/iStock/Getty Images)
General, Markets, Reuters, Weather

EU parliament committee approves farm subsidy reforms

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Brussels | Reuters — The European Parliament’s agriculture committee on Thursday approved a deal to overhaul the European Union’s huge farming subsidies, including new measures aimed at making agriculture greener. The committee approved three pieces of legislation, which from 2023 will govern spending from the EU’s Common Agricultural Policy (CAP) — a scheme that will […] Read more
EU flags in front of the headquarters of the European Commission in Brussels. (Jorisvo/iStock/Getty Images)
General, Reuters, Weather

EU countries approve deal to overhaul farming subsidies

Subsidies to focus on sustainability, 'eco-schemes'

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Brussels | Reuters — European Union countries on Monday gave the green light to reforms of the bloc’s huge farming subsidy program, after a three-year battle over rules to make it greener and support smaller farms. Negotiators representing the EU’s 27 countries and European Parliament struck the deal on Friday to reform the Common Agricultural […] Read more
Nutrien’s potash mine near Rocanville, Sask. (Nutrien.com)
Crops, Markets, Reuters

Nutrien to further bump up potash output

'Continued tightening' in market cited as potash producer Belarus sanctioned

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Winnipeg | Reuters — Canadian fertilizer producer Nutrien said Monday it would boost its 2021 potash output by 500,000 tonnes, after the European Union and others imposed new trade sanctions on Belarus. Nutrien’s increase takes its potash sales outlook this year to a record-high range of 13.3 million to 13.8 million tonnes, and follows a […] Read more
File photo of a canola field in northern France’s Normandy region. (Brasil2/iStock/Getty Images)
Crops, Reuters

France backs non-GMO regulation for crop gene-editing in EU

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Paris | Reuters — France sees crops developed using gene-editing techniques as different to genetically modified organisms (GMOs) and opposes a European Union court decision to put them under strict GMO regulations, the country’s agriculture minister said. The European Court of Justice (ECJ) ruled in 2018 that mutagenesis, among so-called new breeding techniques (NBT) based […] Read more
File photo of domestic hogs on a German farm. (FooTToo/iStock/Getty Images)
Livestock, Reuters, Weather

EU farmers could get cash to curb emissions from belching livestock

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Brussels | Reuters — Farmers should get European Union funding to reduce methane emissions from livestock or increase organic farmland, the European Commission said on Thursday, under plans to make agriculture greener. The EU is nearing the end of a two-year battle to overhaul its massive farming subsidies scheme, to attempt to align the agriculture […] Read more
(Philpell/iStock/Getty Images)
General, Markets, Reuters

Britain, Canada agree on post-Brexit rollover trade deal

Tailor-made comprehensive pact expected to follow

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London/Toronto | Reuters — Britain and Canada struck a rollover trade deal on Saturday to protect the flow of almost $35 billion-worth of goods and services between them after Brexit, and vowed to start talks on a bespoke agreement next year. As Britain prepares to end its transition out of the European Union on Dec. […] Read more

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