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.
The Black Sea Grain Initiative is not blocked, work is underway to continue it, UN system coordinator in Ukraine Denise Brown said.
On January 30, the EU Agriculture and Fisheries Council in Brussels will, among other issues, reaffirm solidarity with Ukraine and consider further ways to support its agricultural sector.
All-Ukrainian public organization "Ukrainian Agrarian Confederation" together with member organizations of the Ukrainian National Agrarian Forum (UNAF) - Ukrainian Agribusiness Club, All-Ukrainian Agrarian Council, Agrarian Union of Ukraine - appeals to the EU Committee on Agriculture and Rural Development (EU Food & Farming), EU Agriculture and Fisheries Council and Copa-Cogeca members organizations with a request to extend the preferential trade conditions between Ukraine and the EU at least till the end of 2024.
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.
Since the beginning of this year, Ukraine has shipped 194.4 thousand tons of agricultural products to Africa on 8 vessels, including 46.5 thousand tons of wheat. In particular, the fourth vessel as a part of the initiative «Grain from Ukraine» has recently left the port of Chornomorsk. The name of the ship is AMIRA HANA and it will deliver 30 thousand tons of wheat to the port of Djibouti, and from there the Ukrainian grain will be shipped to Ethiopia. In total, Ukraine has already delivered 238.3 thousand tons of wheat to Ethiopia, which is on the edge of famine.
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.
The Minister of Agrarian Policy and Food of Ukraine Mr. Mykola Solskyi in his speech at the opening of the International Green Week spoke about the key food challenges and the ways to overcome them.
One of these challenges is the blocking of Ukrainian agricultural exports, both at the beginning of the full-scale war with Russia and today, due to artificial inspections of ships at the Bosporus, which cause turbulence in food markets. As a result, food prices are rising and the food crisis is getting worse.
17.8 million tons of Ukrainian agricultural products on 659 vessels have been exported from the ports of Odesa, Chornomorsk, and Pivdennyi to 40 countries since August 1, 2022. Since the grain deal was agreed 3 ports had sent 659 ships with food to Africa, Asia, and Europe, and 643 - received new ones for loading with products from Ukrainian farmers.
If the corridor had functioned fully, Ukraine would have exported at least 25-29 million tons of foodstuff to world markets. Thus, since October, Ukrainian ports have been forced to work at half their capacity, the volume of the fleet entering the ports for loading has decreased, and the volume of exports has decreased by 3 million tons per month.
The main reason is the purposeful sabotage of inspections of ships in the Bosporus by the Russian side, which leads to a consistently long queue of more than 100 ships.