Ukraine – rain concern

Concern is being expressed in Ukraine about prolonged dry spells in half the country, impacting negatively on winter wheat planting.

Belgium – milk price fall

Belgian co-op Milcobel has cut the price of milk by €3.08 to €50.14 per 100kg (48.7c/l), the lowest level in a year and the biggest cut since March 2023 (DCA).

Australia – drought conditions

Meat and Livestock Australia reports that many lamb-producing regions have experienced severe drought or challenging conditions over the past 18 to 24 months, requiring feeding of supplements.

Brazil – JBS concerned by tariffs

The CEO of JBS is reported in Brazilian media as saying that the additional 50% tariff imposed by the US has put pressure on industry margins.