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Turkey’s citrus production for MY 2021/22 is forecasted up year-over-year in large part due to improved weather conditions compared to the previous year’s hot weather. While production is up, growers are seeing profit margins shrink as input costs, such as fuel and fertilizer, increase at a faster clip than farm gate prices.
On April 20, the Government of Serbia (GoS) lifted its prohibition on the export of wheat, corn, flour, and refined sunflower oil. In its place, introduced monthly export quotas. On April 30, the GoS increased export quotas on wheat and wheat flour.
In 2021, according to Romania’s National Institute of Statistics (NIS), Romania imported $182 million of U.S. food and agricultural products, up 2.7 percent compared to 2020. According to the U.S. Census Bureau's bulk, intermediate, and consumer-oriented (BICO), U.S. suppliers shipped $84 million of U.S. food and agricultural products to Romania in 2021.
On May 19, 2022, the European Commission (EC) approved two genetically engineered (GE) crops (1 soybean and 1 corn/maize) for food and animal feed. The two authorizations were published in the European Union’s Official Journal on May 20, 2022, and they remain valid for 10 years.
The French food processing sector encompasses approximately 15,500 companies ranging from small family-owned businesses to some of the world’s largest multinationals. Widely regarded for global leadership in innovative technology, quality and marketing, French food processing companies provide employment to more than 433,000 people, generating $53 billion in export sales.