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Edible oil prices have been trending higher and are now increasingly volatile due to poor market transparency and the Russian invasion of Ukraine. Post forecasts MY 2022/2023 soybean imports up to 2.8 million MT, while local soybean production remains flat.
On March 18, 2022, Romania’s Institute for Diagnosis and Animal Health (IDAH) confirmed an outbreak of highly pathogenic avian influenza (HPAI) on a commercial laying hens farm located in southern Romania.