Ukraine is the world's largest producer of sunflower oil.
ADVERTISEMENT
USA - drop in milk production
USDA forecasts that milk production in 2022 will be down 132.3m litres to 99.7bn, the first year-on-year decline since 2009.
Ukraine - influence of sunflower planting
ADVERTISEMENT
As sunflower plantings in Ukraine account for about 30% of global production and the crop is mainly grown in the centre and east of the country (war zones), any shortfall in sunflower oil may increase demand for oilseed rape.
Australia - increase in sheepmeat exports
Australian lamb exports were 62,281t in the first quarter of 2022, up 8% on first quarter of 2021, while mutton exports were up 2% at 35,303t (Dept Agriculture Australia).
Brazil - currency continues to strengthen
Brazil’s currency – the real – strengthened further this week, reaching BRL5.07=€1 compared with BRL6.55=€1 in January. This makes Brazil’s steer value the equivalent of €4.20/kg.
Register for free to read this story and our free stories.
This content is available to digital subscribers and loyalty code users only. Sign in to your account, use the code or subscribe to get unlimited access.
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
CODE ACCEPTED
You have full access to the site until next Wednesday at 9pm.
CODE NOT VALID
Please try again or contact support.
USA - drop in milk production
USDA forecasts that milk production in 2022 will be down 132.3m litres to 99.7bn, the first year-on-year decline since 2009.
Ukraine - influence of sunflower planting
As sunflower plantings in Ukraine account for about 30% of global production and the crop is mainly grown in the centre and east of the country (war zones), any shortfall in sunflower oil may increase demand for oilseed rape.
Australia - increase in sheepmeat exports
Australian lamb exports were 62,281t in the first quarter of 2022, up 8% on first quarter of 2021, while mutton exports were up 2% at 35,303t (Dept Agriculture Australia).
Brazil - currency continues to strengthen
Brazil’s currency – the real – strengthened further this week, reaching BRL5.07=€1 compared with BRL6.55=€1 in January. This makes Brazil’s steer value the equivalent of €4.20/kg.
If you would like to speak to a member of our team, please call us on 01-4199525.
Link sent to your email address
We have sent an email to your address. Please click on the link in this email to reset your password. If you can't find it in your inbox, please check your spam folder. If you can't find the email, please call us on 01-4199525.
ENTER YOUR LOYALTY CODE:
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
SHARING OPTIONS