Aided by attractive prices early this year, sunflower oil will account for 12 percent of the world's food use of vegetable oils, its highest share ever, said the USDA on Thursday. "The shift towards sunflower is driven by demand for higher-quality oils as global incomes rise," said the Oilseeds: World Markets and Trade report.
Thanks to continued strong demand from overseas buyers, U.S. corn exports this trade year could be the second highest ever, the Foreign Agricultural Service said on Thursday.
Russia's newly announced duty on wheat exports will discourage sales but exports still would be the second-highest ever, says USDA's Grain: World Markets and Trade report.
The highly virulent Asian-American strain of Porcine Epidemic Diarrhea virus was found on a 5,000-sow hog farm in Ukraine, says ThePigSite. It says some 30,000 piglets died on the farm "in a matter of weeks" and cites concern the virus could spread into Europe.
President Vladimir Putin issued a decree that bans or reduces for one year imports of food and agricultural products from countries that have imposed sanctions on Russia in the crisis over Ukraine. "The Kremlin decree doesn't specify which items will be affected," said the BBC.
Russian President Putin says his country should retaliate against economic sanctions imposed by the West in the crisis over Ukraine, steps that could affect...