World Agrinews

Russia's war against Ukraine puts additional pressure on the already tense global logistics, as container shortages and rising production costs are among the factors affecting the fruit industry.

Richard Salazar, executive director of the Ecuadorian Banana Association ACORBANEC, assessed the impact of the war on Ecuador's banana exports and outlined the challenges facing the industry.

The European Union, as part of the next package of sanctions, has limited the import of fertilisers from Russia.

The restrictions do not apply to deliveries before July 10 under contracts concluded before April 9 this year, according to the Official Journal of the EU.

The United States Department of Agriculture (USDA) forecasts grain harvest in Ukraine in the 2017/2018 marketing year (MY, July-June) in the amount of 61.79 million tonnes, while exports could reach 38.31 million tonnes.

Egypt, the world's largest buyer of wheat, has issued preliminary rejections on seven cargoes of the grain since introducing new import rules in January, prompting many traders to raise prices at state tenders, five traders told Reuters.