Author: Timothy Wahome (Timothy Wahome)

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France: In wheat, bearish fundamentals

Wheat prices (in France) have been very volatile in recent days according to the negotiations on Ukrainian exports, but fundamentals are not moving and are mostly bearish. Availability remains important at the end of the campaign. “There are large stocks in Europe and the Black Sea from the record harvest in Russia,” confirms Maxence Devillers, analyst at Agritel. Postponement...

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Germany’s Milk prices in free fall-New milk crisis on the horizon

The decline in milk prices is not over. The commodity value of milk continued to fall in April, indicating falling prices in the wholesale dairy sector. The value calculated by the “ife” Institute in Kiel for the month of April is only 36.3 cents per kg. This is another 2.3 cents less than in March and clearly shows where...

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Indonesia Vegetables: Vegetable competition imports impact local planters

BHARU CITY: Harakah Daily reports that vegetable growers in the Lojing Highlands and Cameron Highlands currently being forced to throw away about 50 tons of produce every day have also received ministerial attention. At the end of Ramadan it was revealed that competition from vegetables imported from Thailand and China were causing local vegetable prices to fall....

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Dutch Consumers must dig deep for agf products

At the quick estimate of the Central Bureau of Statistics (CBS), inflation was 5.2 percent in April. Consumer goods and services were 4.4 percent more expensive in March than a year earlier. Consumers have also had to dig deeper into their pockets for products such as potatoes, fruits and vegetables (agf) since the beginning of this year....

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More than 40 percent of winter crops in Russia’s Ryazan region must be reseeded because of the ice crust

The Ryazan region recently introduced a state of emergency due to the significant death of winter crops. As of April 27, 2023 more than half of the affected (dead or thinned) winter crops  had already been reseeded. By the order of the Governor of the Ryazan region, from April 27, 2023, order № 204-rg, in the territory of the highlighted region, an emergency situation mode...

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Pork prices soar in France in March 2023

News summary: By end last month, pork prices in France peaked through a February-to-March increase of EUR .21/kg as a result of lesser supplies due to a decreasing pig population in the European nation.  As a result of the contraction of the pig herd and a reduced supply, pork prices reached highs in March 2023. In March...

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Korea’s Ministry of Agriculture, Food and Rural Affairs operates K-Dessert promotion center in connection with Seoul Festa

The Ministry of Agriculture, Food and Rural Affairs (Minister Jung Hwang-geun, hereinafter referred to as the “Ministry”) announced that it will operate the K-Dessert Promotion Pavilion in conjunction with Seoul Festa 2023 at Gwanghwamun Square for eight days from April 30 (Sunday) to May 7 (Sunday). Overview of Seoul Festa, 2023 ▴ (Purpose) To revitalize tourism in Seoul...

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Brazil coffee: With expected volatility, arabica and conilon fall again

Presenting the expected volatility, the Arabica coffee futures market returned to operate with devaluation for prices in the trading session on Thursday (27) on the New York Stock Exchange (ICE Future US). The variation in prices is even more intense in recent weeks, given the uncertainty with supply, but also with the demand of the product...

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Vietnam’s Poultry: Solidarity to raise poultry through the crisis

In Summary: Vietnam’s Deputy Minister of Agriculture and Rural Development Phung Duc Tien confirmed pro-poultry solidarity at a conference set to assess the current situation of livestock production and propose solutions to Vietnamese poultry production in the current situation. 5 dark areas that make poultry farming suffer On April 27, the Department of Livestock Production coordinated with...