Page 6 of articles about raw material

Decreases are accentuated for corn production in Ukraine and the European Union; the latter would demand more imports of the grain to compensate for the drop in its domestic supply.

EU production of arable crops is expected to decrease slightly in the medium term while the production of pulses and soya beans are expected to increase significantly.

Belarus will allow, without preconditions, the transit of grain from Ukraine through its own territory.

MEPs reached a preliminary agreement with EU governments on a new deforestation-free law that will oblige companies to verify and issue a declaration.

This month’s downgrade mainly concerns maize and, albeit by a smaller amount, wheat production.

International prices of wheat, maize, and sorghum declined in November while barley and rice prices moved up, according to the FAO price index.

There is a serious problem with fertilizer accessibility. In the EU, fertilizer prices went up 149% from September 2021 to September 2022.

The latest report on corn and soybean crop estimates showed slight variations from the October report. Highlights include a decrease in European Union harvests and an increase in ending stocks for Brazil and Ukraine.

Russia has agreed to extend the agreement on Ukrainian grain exports from Black Sea ports for four months.

The Communication exposes several good practices, such as promoting the use of organic fertilizers.

International reference prices of all the major cereals were up month-on-month.

The FAO Cereal Price Index in September was up 1.5% from August and up 11.2% from the year-ago level.

The Port of Tarragona has the highest volume of cereal traffic in Spain and the Mediterranean.