China ups 2025 grain production goal
Reuters reported, citing a government report, that China has set higher grains and oilseeds production targets and increased its 2025 budget for storing agricultural commodities. This is to secure its long-term food security as it also grapples with a burgeoning trade war with the United States. On March 5, China announced it would set a production target...
Playing Russian roulette with fertilizers
Russian fertilizer exports are booming, largely driven by soaring sales to European customers. This trend sparks fierce debates in Europe on whether to restrict fertilizer flowing from the east, which could fuel food inflation in the European Union (EU). However, an alternative might be much worse, as the risk of fertilizer imports eventually being weaponized...