China's palm oil imports are likely to take a hit in the coming months as stockpiles at major ports have risen to near record highs of around 1.2 million tonnes on weak domestic demand, traders said on Tuesday.
With the Ukraine in increasing turmoil as relations continue to worsen with Russia it is worth noting the importance of the Ukrainian economy to the EU, particularly in terms of agriculture.
As Ukraine's agriculture has modernized on its rich soils, American farmers lost all but a tenth of that market--until Russia's president, Vladimir Putin, shook the world by taking over Ukraine's Crimean peninsula.
Japan's Ministry of Agriculture is seeking to buy a total of 111,779 tonnes of food quality wheat from the United States and Canada in a regular tender that closes late on Thursday.
Growers of banana, avocado and citrus in Africa are set to resume exports to the lucrative markets in Europe, South Africa and Middle East after the removal of quarantine restrictions for such produce
Bangladesh will buy more rice locally in an effort to replenish reserves, while it has no plan to import the grain this year, the head of the state grains buyer said on Wednesday.
The all-food component of the Consumer Price Index was forecast to rise 2.5% to 3.5% in 2014, according to the U.S. Department of Agriculture’s Food Price Outlook issued Feb. 25.
Agricultural companies are giving a lack of approval in export markets as a reason for not accepting products with a bioengineered corn trait from Syngenta.
An Israeli parliament committee opposed a plan to sell Tnuva, the country's largest food maker, to China's Bright Food company on Tuesday, calling on the government to stop the sale.
Russia's maize (corn) export prices rose last week as it picked up demand from rival supplier Ukraine, where political turmoil has held up new deals, Russian analytical firm SovEcon said in a note on Monday.
Japan is expected to offer only modest reductions on tariffs on beef imports in the Trans-Pacific Partnership free trade talks, according to highly-placed Japanese sources.
Global oil prices jumped this week on keen US demand and geopolitical worries, while coffee and sugar soared on weather-related supply fears in Brazil.
