articles about cereal

The European Commission officially adopted a regulation which grants a partial exemption for European farmers from the conditionality rule on land lying fallow.

The European Commission proposes to allow EU farmers to avail of derogations for the year 2024 from Common Agricultural Policy rules obliging them to keep certain areas non-productive.

The Commission has proposed to renew the suspension of import duties and quotas on Ukrainian exports to the EU for another year, while reinforcing protection for sensitive EU agricultural products.

If projections are realized, the volume would decrease by 13.5 million tons compared to 2022/23.

Compared to the November report, estimates for world corn production and trade improved slightly, and Brazilian soybean projections were cut.

Ministers are holding a series of meetings in parliamentary committees to present the priorities of the Spanish Presidency of the Council.

Following the expiration of restrictive measures on Ukrainian exports to the EU of cereals and other food products, Ukraine agrees to introduce measures to prevent a new spike in imports to the EU.

This corridor, which allows the export of cereals and fertilizers from Russia and the Ukraine, is of the utmost importance to maintain world food security.

Exports in May reached 1.3 million metric tons of grains and other foodstuffs. That is less than half of the previous month.

Exports reached €18.6 billion in value terms, which is 10% higher than February 2022.

The suspension of import duties, quotas and trade defence measures on Ukrainian exports to the European Union – known as the Autonomous Trade Measures (ATMs) – are in place for another year.

The suspension of all customs duties, quotas, and trade defense measures on Ukrainian exports is renewed.

This new extension will allow Ukrainian grain exports to continue.