Nearly half of the honey imported into the European Union is suspected of being fake, according to an EU probe.
The research, spearheaded by the European Commission’s Anti-Fraud Office (OLAF) and the Joint Research Centre (JRC), revealed the massive fraud and that many may be buying counterfeit honey labelled as authentic.
Romania and Poland are in talks with the European Commission over export tracing mechanisms for Ukrainian grains to ensure local farmers are not hurt by a flood of cheap imports, the Polish and Romanian prime ministers said on Tuesday.
Ukraine, one of the world's largest grain exporters, has seen its Black Sea ports blocked since Russia invaded more than a year ago and has been forced to find alternative shipping routes through European Union states Poland and Romania.
Australia is expected to report record-breaking agricultural exports in the current financial year, the government said on Tuesday, after years of high rainfall boosted yields.
Argentina has confirmed its first case of bird flu in industrial poultry, its agriculture secretary said on Tuesday, causing it to suspend avian product exports and raising fears the disease could spread and hurt exports from the South American nation.
Much lower than last year, the volumes of forward sales of soybeans from Brazil indicate a reduction in global demand due to a decrease in imports by China. In addition, importers are restraining purchases in anticipation of a seasonal drop in soybean prices from South America, and producers have limited sales in the hope of rising prices, although they remain at a fairly high level.
The FAO Food Price Index (FFPI) averaged 131.2 points in January 2023, down 1.1 points (0.8 percent) from December, marking the 10th consecutive monthly decline. With this latest decline, the index has fallen 28.6 points (17.9 percent) from the peak it reached in March 2022. The drop in the index in January was driven by declines in the price indices of vegetable oils, dairy and sugar, while those of cereals and meat remained largely stable.
World wheat prices rose after Germany and other countries announced their intention to supply main battle tanks to Ukraine on January 25.
Agrarheute writes about this with reference to data from the British Agricultural and Horticultural Development Board (AHDB).
Romania and five other EU states want compensation for the damage they suffered due to the fact that cheap wheat from Ukraine, left on European territory, is affecting their own sales. They ask the European Commission for a quick solution and the export of Ukrainian wheat to its final destination, namely Africa.
Any German government plans to stop crop-based biofuel production would severely hit farmers and cut rapeseed output, Thomas Mielke, CEO of Hamburg-based oilseeds analysts Oil World said on Wednesday.
Brazil and Argentina aim for greater economic integration, including the development of a common currency, Brazilian President Luiz Inacio Lula da Silva and Argentine leader Alberto Fernandez said in a joint article they penned.
"We intend to overcome the barriers to our exchanges, simplify and modernize the rules and encourage the use of local currencies," says the text published on the Argentine website Perfil.