Rising prices: Beef exceeds the value of cattle for slaughter
The prices of cattle destined for slaughter are showing a significant recovery at the beginning of September. However, when we consider the accumulated result for 2023 (taking into account the monthly averages adjusted by the CEPEA/B3 index for live cattle in the state of São Paulo), we observe a sharp drop of 26.3%. On the other hand, when we analyze the […]
Russia hits Ukrainian energy facilities in biggest attack in weeks
Russia carried out its biggest missile attack in weeks across Ukraine on Thursday, hitting energy facilities in what officials said appeared to be the first salvo in a new air campaign targeting Ukraine's power grid. Power cuts were recorded in five Ukrainian regions in the west, center and east, reviving […]
Russia and China agree to build a new grain hub on the border
Russia and China have reached a new agreement to build a new grain hub on the border between the two countries, according to the South China Morning Post (SCMP). The Nizhneleninskoye-Tongjiang Grain Terminal will be located between Vladivostok in Russia's far east and Heilongjiang province in northeast China. O […]
Aemetis completes Indian biodiesel plant expansion a year ahead of schedule and increases annual production capacity to 60 million gallons
US renewable fuels company Aemetis has completed the expansion of its biodiesel plant in India a year ahead of schedule. This resulted in an increase in production capacity to 60 million gallons/year (227 million liters/year). The expansion will help meet the growing demand for biodiesel from Oil Marketing […]
Russian attack destroys Ukrainian silo and agricultural fields south of Odessa
Last Sunday, a Russian airstrike devastated an agricultural facility in the southern region of Odessa, as reported by the Ukrainian Air Force. The local governor, Oleh Kiper, reported the destruction of a silo and damage to agricultural fields due to the bombings. This Russian action occurred shortly after two ships docked in the port of Chornomorsk, […]
Argentina expects beef stock recovery and increased exports in the coming months
In the last three years, Argentina has faced a serious crisis due to intense drought, which significantly affected livestock production. However, hopeful news appears on the horizon, with El Niño expected to bring relief to the situation. Above-average rainfall is expected to help in the recovery of pastures, making […]
Croatia does not rule out banning imports of agricultural commodities from Ukraine
Croatian Prime Minister Andrii Plenkovich has raised the possibility of imposing a ban on imports of agricultural commodities from Ukraine, a decision that could have significant implications for international trade and bilateral relations between the two countries. Plenkovich announced this consideration in a statement made on September 19. Furthermore, he highlighted the concern of […]
EU oilseed production forecast to increase by 6%
Total European Union (EU) production of three major oilseeds is expected to rise by 6% in marketing year (MY) 2023/24, according to a USDA report. This increase is attributed to 2% more planted area and higher average yields, according to the USDA. The increase in rapeseed and sunflower area exceeded the reduction in […]
China increases estimates of soybean imports and edible oil production
China raised its estimates for the country's soybean imports and edible oil production, according to the monthly update of its China Agricultural Supply and Demand Estimates (CASDE), released by AgriCensus. The September 12 report increased estimates for the 2022/23 business year (MY) […]