The most prominent exporter in the Black Sea region is Russia, from which strong exports continue to flow in 2022/23 and is forecast to reach a record for annual wheat exports.
IFFO also reported lower fishmeal and fish oil domestic production in China.
The country is promoting GMO crops too, starting large-scale trials of GM corn this year.
This revision aims to increase accessibility for responsibly sourced and produced marine ingredients and encourage the use of byproducts.
Wheat, maize, rapeseed and sunflower seed originating in Ukraine can continue to be released for free circulation in all the member states of the European Union.
The countries signed a protocol on the sanitary and quarantine requirements for processed animal proteins to be exported from Brazil to China.
Cargill and Skretting joined a global financing model that aims to catalyze more than $100 million in fisheries improvement by 2030.
An MoU will limit potential sources of conflict between the fishery and other users of the Bay and is part of the fishery’s efforts to be responsible stewards of shared marine resources.
Poland, Hungary, Slovakia, and Bulgaria recently adopted unilateral decisions to impose import restrictions on Ukrainian grain and oilseeds.
The company decided to no longer purchase soybeans from the Amazon rainforest, a decision that comes two years after the company declared itself “deforestation-free” in 2021, achieving the goal ahead of schedule.
COCERAL, FEDIOL, and FEFAC call on the European Commission and member states to work with stakeholders to facilitate the implementation of the regulation.
The total cumulative of fishmeal production during the first two months of 2023 was up by more than 55% compared to 2022.
The move is expected to give Russian firms more control over shipments and grain prices.
Russia said it has extended the deal for 60 days and Ukraine wants the agreement renewed for 120 days.
Covantis now covers all major export markets in the Americas, enabling agri trading firms active in North and South America to execute all their vessels in one single platform.
The European Fishmeal and Fish Oil Producers have initiated analyses to get a complete picture of all the fish species that are used to produce European fishmeal.
The project was awarded a recognition alongside 499 other projects at Premios Verdes’ 10th edition in January 2023.
Fishmeal production was down mainly due to the late start of the 2022 second fishing season in Peru.
The forecaster consensus favors the statistical models with a transition to ENSO-neutral in the February-April 2023 season.
A staggering increase of 246% versus 2021 confirms a strong adoption of the grains and oilseeds market.
