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In 2024, Ukrainian poultry exports jumped by 20.4%, reaching an all-time high of $962.7 million, according to the Ukrainian Verkhovna Rada’s agricultural committee. In volume, sales to foreign countries climbed by 5.7% to 448,800 tonnes, the Ukrainian lawmakers reported. As in previous years, the Netherlands remained the largest importer of Ukrainian poultry, with a share of 23.2%. Saudi Arabia was ranked second (16.1%) and Slovakia third (8.5%). In addition, Ukraine exported 77,800 tonnes of eggs in 2024, which is 59.4% more compared with the previous year. In value, growth surged 22.5%, reaching US$74.5 million. The leading sales markets for Ukrainian eggs were Israel (14.1%), Poland (11.7%), and Italy (11.1%).
The European Union (EU) is mostly self-sufficient in food and agriculture, relying on imports primarily for soy (used as animal feed) and tropical products. It produces surpluses that are exported globally, with a significant portion—EUR 38 billion worth—going to the US, compared to just EUR 14 billion in imports from the US. This trade imbalance highlights the US as a key market for EU exporters, who send processed goods like wine, spirits, dairy, and processed fruits, while importing US commodities such as soy and forest products.
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The recent increase in egg prices in Brazil is attributed to a seasonal surge in demand, a trend typically seen before and during Lent, as consumers favor white proteins and eggs over red meat. This follows a prolonged period of low prices. Contributing to the price hike are rising production costs: corn, a key feed ingredient, has increased by 30% over the past eight months, packaging costs have more than doubled, and record-high temperatures have reduced poultry productivity, constraining supply.
The ABPA expects prices to stabilize post-Lent as consumption patterns normalize. They also note that while egg exports are growing, they represent less than 1% of Brazil’s projected 59 billion egg production this year, thus having minimal impact on domestic supply. Per capita egg consumption in Brazil is forecasted to hit 272 units in 2024, surpassing the global average by over 40 eggs per person.
The 2025 European Ploughing Championships will take place on March 1-2 in Retford, Nottinghamshire, hosted on land at Upper Morton by Joseph Camm Farms Ltd. The event includes the European Reversible Ploughing Championships and the European Vintage Ploughing Championships, with the latter divided into five categories: vintage trailed, hydraulic, classic, classic reversible, and vintage reversible ploughs. Champion ploughmen from 13 countries, including France, Germany, Czech Republic, Switzerland, and Sweden, will participate, most bringing their own tractors and ploughs, though some will borrow equipment from British counterparts.
England’s representatives include past and present British champions: Mick Chappell and Will Tupper in the reversible contest, John Crowder in vintage trailed, Jon Cole in classic, Richard Ingram in vintage mounted, Graham Sutton and Steve Watkins in classic reversible, and Lee Gilbert and John Hornsby in vintage reversible. Alongside the competitions, demonstrations will feature horse ploughing (led by British champion Martin Kerswell with his Percheron horses, plus Shires and Norwegian Fjords), vintage high-cut ploughing (including British champion Shaun Garrod), horticultural ploughing (by British champion Martin Cotton), and steam ploughing with historic engines like a 1917 Fowler K5 and a 1918 J & H McLaren.
Organized by the Society of Ploughmen, a registered charity, the event will also host trade stands selling items from gloves to tractors, food stalls, and is supported by sponsors like Bridgestone and Kverneland UK. Chief Executive Sue Frith anticipates a strong turnout from both international visitors and local supporters, highlighting the event as a celebration of ploughing skill and farming heritage.
World Farming Agriculture and Commodity news - Short update 24th February 2025
Led by Egypt’s rebounding demand for beef variety meat and an increase in muscle cut shipments to Kuwait and Qatar, US beef exports to the Middle East rebounded in 2024, according to year-end data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Beef exports reached 52,337 mt, up 18% year-over-year. Export value increased 12% to $230 million, and export value was record-large to Qatar, Jordan and Bahrain. Fourth quarter exports were hampered by an impasse with the United Arab Emirates (UAE) over halal certification. While this obstacle has been temporarily resolved, regaining full access to the UAE remains a top priority for the US industry.
The USDA’s forecast for the 2025-26 season is bearish, predicting increased supplies of corn, soybeans, and wheat, which will exert downward pressure on prices. For corn, the USDA projects 94 million acres planted (up from 90.6 million), with an average yield of 181 bushels per acre (up 1.7 bu./acre). Total supply is expected to rise by 495 million bushels, despite lower beginning stocks, driving a price drop to $4.20 per bushel (down $0.15). Domestic feed and residual demand will increase by 125 million bushels, but exports will fall by 70 million due to South American competition, leading to ending stocks rising by 425 million bushels.
For soybeans, planted acres are forecast at 84 million (down from 87.1 million), with a yield of 52.5 bu./acre (up from 50.7). Total supply will increase by 41 million bushels to 4.77 billion, bolstered by strong demand: crushing will rise by 65 million bushels to 2.48 billion, and exports by 40 million to 1.87 billion, despite South American rivalry. Ending stocks will drop by 60 million to 320 million bushels, but prices will still fall by $0.10 to $10 per bushel due to global supply growth. Increased crushing will boost soybean oil and meal production, mostly consumed domestically, with exports absorbing the rest and ending stocks remaining stable.
For wheat, plantings are up 2% to 47 million acres, but yields will dip to 50.1 bu./acre (down 1.1 bu.). Supply will rise by 32 million bushels to 2.83 billion due to higher carry-in, with demand steady, pushing ending stocks to 826 million bushels and prices down $0.05 to $5.50 per bushel. Globally, Argentina, Australia, and Canada expect stable wheat crops, while the EU anticipates a rebound from a 17-year low.
The soy/corn price ratio (below 2.3 since September) signals a market shift toward more corn acres. South America’s soybean harvest and Brazil’s safrinha corn planting could further influence U.S. prices and planting decisions. At the USDA Outlook Forum, delegates questioned the forecast, citing factors like avian flu, declining cattle herds, and a saturated roughage market, but economist Aaron Ates defended the projections, emphasizing they avoid speculation and assume resolution of temporary disruptions.