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- (-) December 2023
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In MY 2023/24, the EU is facing a second consecutive short olive oil production crop.
On December 13, 2023, Chile and the European Union (EU) signed an updated Free Trade Agreement, or Advanced Framework Agreement as it is currently termed. The new agreement expands market access for Chilean products to the European market and grants expansive protections for 216 geographical indications (GIs), including many commonly used names like feta, gruyere, kölsch, and parmesan.
The combination of drought, water irrigation limitations and abnormally high temperatures during flowering and fruit-setting phases have limited the EU’s citrus production potential in MY 2023/24, which is projected to stay at similar levels as the also short MY 2022/23 crop.
The EU adopted new rules for the labeling of organic pet food in the single market. Pet food can now be labeled with the EU organic production logo if 95 percent of its agricultural ingredients are organic.
The European Commission will allocate €185.9 million (approximately $203.3 million) in 2024 for the promotion of European Union agri-food products.
The EU's intricate biotechnology policy hinders research and restricts innovative tools for farmers. This results in substantial imports of genetically engineered (GE) feed and limited domestic GE crop production.
Extreme weather conditions across the EU reduced grain production projections in MY 2023/24, although production is still anticipated to exceed MY 2022/23 levels. EU grain export expectations have deteriorated based on third country competition in...
U.S. exporters of composite products will face new documentary requirements for shipments to the European Union after January 15, 2022. The new requirements are broken down into three categories of composite products: non-shelf stable, shelf stable with meat, and shelf stable without meat.
U.S. beef exports into the EU’s High Quality Beef (HQB) quota had a hard time in 2021 as they suffered from the repeated closures of the EU hospitality sector from COVID-19. EU imports of U.S. beef decreased substantially after the end-of-year 2020 holiday season and only gradually increased throughout 2021 again
On January 18, 2022, the European Commission launched a public consultation on biobased, biodegradable, and compostable plastics. Stakeholders have until March 15, 2022, to comment.
The upward trend of the organic food market in the European Union (EU) continues. EU organic sales reached record highs in 2020. The COVID-19 pandemic has become an additional driver in further boosting organic sales.
On December 6, 2021, the European Union published new rules concerning wine, dealcoholized and partially dealcoholized wine, and aromatized wine. These new rules introduce a compulsory nutrition declaration and a compulsory list of ingredients for wine products sold on the EU market beginning on December 8, 2023.