Browse Data and Analysis

The MY 2022/23 sugar production forecast is down 23 percent from the previous estimate. Producers face a shrinking domestic market and fluctuating world prices, as well as the strain of conflict with Russia in terms of ensuring production and exports.

Russia’s invasion of Ukraine has become an ultimate test of the resilience of Ukrainian agriculture. The country’s food security depends on a variety of factors, including farmers’ ability to produce key staple foods.

Egypt reversed the widely criticized mandate by the Central Bank of Egypt for importers to utilize a process where letters of credit would substitute the long-established cash-against-documents process.

Serbia is closely following the impact of the Russian-Ukrainian crisis, especially because 80 percent of Serbia’s grain exports travel to the world via Black Sea ports.