Salmon prices are ever dynamic, always shifting almost on a weekly basis and 2023 has demonstrated this in a big way. Through week 15 of 2023, for example, prices for Norwegian farmed salmon increased by 6.95% compared to week 14, according to the NASDAQ Salmon Index. The prices climbed up to NOK 119.24 (€10.41, $11.43) per kilogram. While the increase...
Banning Food Imports From Ukraine: The Impact
At least three governments in the European region, the EU, have put a temporary stop to the transit of wheat and other food imports originating from Ukraine. Here is a sketch of the evolving reasons that have led up to the ban, followed by an assessment of the impact likely to offshoot from this economic defensive action. Early 2023, the...
Coffee trade has a morning of few variations, but keeps focus on the Brazilian offer
The Arabica coffee futures market opened trading on Friday with technical variations in prices on the New York Stock Exchange (ICE Future US). The coffee market continues to monitor the progress, still at a slow pace, of the harvest in Brazil. The new American data on coffee also weighs on the markets. The Federal Reserve released new interest rate increases in the United States, which generated concern in...
Peru defines the quality requirements for table olives
The increase in the production of Peruvian olives from the Tacna and Arequipa regions was one of the factors that drove the growth of the Peruvian agricultural sector last year. Therefore, in order to improve the standards in the value chain of this product, the National Institute of Quality (Inacal), a public body attached to the Ministry of Production, approved the Peruvian...
Poland opens transit: the first trucks with Ukrainian products go to the Netherlands
Kyiv. Starting from midnight, April 21, Poland has unblocked the movement of Ukrainian agricultural products in transit through the country to other EU countries and Polish seaports. The first truck convoy will depart from the Dorohusk checkpoint to the Netherlands within an hour. Michal Derus, spokesman for the Chamber of Tax Administration in Lublin, told Ukrinform in a comment to its...
Germany’s Producer prices March 2023: +7.5% compared to March 2022
Wiesbaden, April 20, 2023. According to preliminary data from the Federal Statistical Office (Destatis), Germany’s producer prices of industrial products were 7.5% higher in March 2023 than in March 2022. In February 2023, the rate of change had still been +15.8% compared to the same month last year. Compared to the previous month, producer prices fell by 2.6% in March 2023. This...
Chanthaburi governor rallies farmers to make deals with the private sector: Export Thai fruits by air to China
News summary: Chanthaburi Provincial Governor urges Thai farmers to conjoin with the private sector and export Thai fruit by air to China. The Governor of Chanthaburi, Thailand, has urged the Thai agricultural sector to join hands with the private sector and the airlines of China to export fruits by air. This will increase the existing product distribution channels to China and will...
South Korea’s Agriculture Minister Chung Hwang-geun holds bilateral meeting with French Minister of Agriculture and Food Sovereignty Marc Pennot
On Thursday, April 20, Minister of Agriculture, Food and Rural Affairs, Chung Hwang-geun met with French Minister of Agriculture and Food Sovereignty, Marc Fesneau at the Government’s Sejong Office to discuss ways to strengthen bilateral cooperation in the agri-food sector. Minister Jung emphasized that smart agriculture is an important pillar of agriculture with which to respond to recent challenges such as climate...
It’s more reassuring to eat pineapple! China’s first national industry standard for freshly cut pineapple processing has been approved
Recently, the Department of Agricultural Product Quality & Safety Supervision of the Ministry of Agriculture and Rural Affairs issued the Notice on Issuing the Project Plan for the Revision of the National and Industrial Standards for Agriculture in 2023. Among them, the “Technical Regulations for Freshly Cut Pineapple Processing” declared by the Institute of Silkworm Industry and Agricultural Products Processing of the...
Italy’s Legumes Select: innovate cultivation techniques to encourage the development of the short supply chain and the conversion to organic, in Campania
SAN GIUSEPPE VESUVIANO (Naples) – Contributing to the development of a short supply chain on legumes grown in Campania “from producer to processor” using organic methods is the intent of Agria S.p.A.. The company, specializing in the selection and packaging of Select brand’s dried legumes, has honored consumer trust for more than 60 years by guaranteeing quality raw materials from a controlled supply chain....