According to Oil World, in February, Argentina increased its sunseed exports compared to January from 113 to 216 thousand tons, in particular, deliveries to Bulgaria – from 0 to 121 thousand tons, Romania – from 33 to 73 thousand tons, Portugal – from 20 to 21 thousand tons.
China aims to secure grain production at around 725 million tons in 2026, potentially reaching one of the highest levels in the country’s history. The target was outlined in a government report presented at the 4th session of the 14th National People’s Congress (NPC).
The United States plans to increase import tariffs for certain countries to 15% or higher, according to U.S. Trade Representative Jamieson Greer. Speaking to FOX Business, Greer indicated that while a 10% baseline tariff is currently in place, duties for some trading partners will soon rise to 15%, with the possibility of even higher rates for others.
According to monthly data from the National Oilseed Processors Association (NOPA) released Tuesday, U.S. soybean crushing volume in January reached a record high for the first month of the year, and soybean oil stocks rose to their highest level since April 2023.
This week, the Commission adopted nine further acts under the CAP’s secondary legislation to reduce unnecessary bureaucracy and regulatory burden, in line with its commitment to simplification and to strengthening the competitiveness of the farming sector and the wider agri-food value chain.
Recent applied trials initiated by Tom Murray, Technical Manager: Fresh Fruit and Horticulture at Woolworths South Africa, are providing new insight into how light frequency, trap placement, and operating schedules can significantly influence insect pest capture in protected cropping systems. Conducted with research partners and growers, the work focuses on refining light-based attraction systems for key greenhouse and field pests, including thrips, Tuta absoluta, and several moth species.
We are actively looking at new models and developing our own models to utilize some of the artificial intelligence and machine learning to really help us provide an initial look at drought across the country, pulling in the right indicators for the right regions and for the right time of year,” said Trevor Hadwen, agroclimate specialist with Agriculture Canada, who helps lead the drought monitor along with David Lee.
Russia is deliberately targeting Ukraine’s vegetable oil sector, carrying out systematic strikes on processing plants, ports, and infrastructure. Against this backdrop, vegetable oil prices have surged, with sunflower oil FOB six ports reaching their highest level since August 2022.
Over the past three weeks, there have been at least nine strikes on processing facilities and port infrastructure. According to market participants, about 25% of processing capacity is currently idle due to logistical disruptions, power supply problems, and security risks.
As of January 8, sunflower oil FOB six European ports — Rotterdam, Amsterdam, Antwerp, Ghent, Dunkirk, and Dieppe — rose to around $1,409 per ton for February shipments, up $80 per ton from mid-December levels. This is the highest price since August 2022.
Canadian Prime Minister Mark Carney is expected to visit China around January 13, amid discussions on a possible partial easing of mutual trade restrictions. As part of these talks, Canada may suspend its tariffs on Chinese electric vehicles for one year, a move seen as an attempt to de-escalate tensions in bilateral economic relations.