Grain prices have continued to fall in Europe. The reason is the pressure from the current harvest. However, the focus this week is on another topic: a possible bursting of the grain deal and its consequences for the markets. Therefore, there could be further sharp price jumps. In France and Germany, rainfall in recent days has repeatedly interrupted or slowed the harvest...

Prices for melons (125%) and watermelons (+78%) skyrocket, compared to a year ago. Warm weather helps demand
ROME -From BMTI’s elaborations of wholesale data collected at the Rome wholesale market, belonging to the ITALMERCATI Network, the anomalous weather pattern that involved our country until the first half of June, affected the demand, production and prices of two products that are typically summer vegetables and mainly consumed in this period: melon and watermelon. Specifically, the rains that poured from May...
Macro Israel: A dramatic week in the local market: will interest rates rise and where will inflation go?
News summary: On Monday, the Bank of Israel will decide whether to raise interest rates for the 11th time in a row • Later, the consumer price index for June will be published, and the expectation is for a further decrease in inflation. The interest rate of the Bank of Israel is going to be the main story this week. The monetary committee...

Netherlands: North Brabant asks for 252 million euros for nature restoration
Dutch provinces had to submit a first version of their plans to drastically reduce nitrogen emissions and restore vulnerable nature by July 1. The province of North Brabant was given a few days’ grace and submitted its plans on Thursday. The province, had previously presented a charcoal sketch of the plan. That has now been supplemented with a number of ‘no regret measures’ that the province believes are necessary anyway. Although there...

Agricultural and Fisheries Production in Latin America and the Caribbean will Grow 12% by 2032
The Organization for Economic Cooperation and Development (Ocde), together with the Food and Agriculture Organization of the United Nations (FAO), published their annual assessment, with the prospects for the next decade of national, regional and global agricultural commodity markets, which projects agricultural and fisheries production in the region to expand by 12% by 2032. Although multilateral organizations clarified that this growth is...

A large shipment of wheat sails into Kazakhstan from the Omsk region again
News summary: In general, the export of agricultural products by waterways from the Omsk region of Russia to Kazakhstan since the beginning of the year has reached almost 160 million U.S. dollars. Why Russian wheat is delivered to Kazakhstan by water is explained by the Administration of Rosselkhoznadzor in the Omsk region: “More than 2,800 tons of food wheat have been shipped by water to the Republic of Kazakhstan from...

Turkey: ‘100,000 baskets support’ from one Metropolitan to producers
Continuing its support for agricultural and rural development in Turkey, Manisa Metropolitan Municipality will continue to stand by the agricultural producers with the ‘100,000 Basket Support to Vegetable Producers’ project. A hundred thousand baskets will be distributed with a 100 percent grant within the scope of the project. Manisa Metropolitan Municipality, which provides important support for agricultural and rural development under the leadership of Manisa Metropolitan Mayor Cengiz...

Spain’s efficient irrigation systems reach 79% of the total irrigated area, with olive groves being the crop with the most irrigation extent
Efficient irrigation systems in Spain have grown by 19% in the last 10 years, accounting for 79% of the total area. Of these, localized irrigation set ups, the most used had an outreach of 2,102,528 hectares in 2022 or 55.8% of the total irrigated area. The agricultural area with irrigation systems decreased by 2.75% (3,771,107 hectares at the end of 2022) compared to 2021. This...

Promoting the use of 30 million tons of rice straw in Vietnam’s Mekong Delta
Can Tho City: Currently, the Mekong Delta produces about 30 million tons of rice straw every year. However, it is estimated that only about 30% of the amount of straw is collected and used. Recently, the Can Tho Plantation and Plant Protection Department in collaboration with the International Rice Research Institute (IRRI) held a meeting of actors in the value...

Argentina: El Niño shows a weak impact in the July-September quarter and rains for wheat are delayed
News summary: In Argentina, El Niño shows weak impact in the July-September quarter and wheat rains are delayed. West of the core zone maintains the trend, while southern Buenos Aires will see an improvement. El Niño has arrived, but the soil is still unable to capitalize on this scenario. The rains do not start and much of the core zone will receive normal or below-normal in the coming months. The...