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Tag Archives european commission — page 4

Trucks wait for crossing into Poland at the Rava-Ruska border checkpoint in Ukraine’s Lviv region on April 17, 2023. (Photo: Reuters/Roman Baluk)
Crops, Markets

European Commission to ban Ukrainian grain exports to Romania

Talks ongoing with Ukraine's other neighbours

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Bucharest | Reuters — The European Commission will ban Ukrainian grain and oilseeds exports to Romania until June 5, Romanian Agriculture Minister Petre Daea said on Wednesday. Romania has stopped short of enforcing a ban, whereas Poland, Hungary, Bulgaria and Slovakia took unilateral steps to protect local markets from a flow of Ukrainian farm products. […] Read more
Trucks wait for crossing into Poland at the Rava-Ruska border checkpoint in Ukraine’s Lviv region on April 17, 2023. (Photo: Reuters/Roman Baluk)
Crops, Markets

EU plans import curbs on Ukraine grain, farmer supports for border countries

Grain would be let into five countries only for export

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Brussels | Reuters — The European Union is preparing 100 million euros (C$147.4 million) in compensation for farmers in five countries bordering Ukraine and plans to introduce restrictions on imports of Ukrainian grains. Pressure has mounted on Brussels to work out a European Union-wide solution after Poland and Hungary banned some imports from Ukraine last […] Read more
Flags in front of the European Commission headquarters in Brussels. (Inakiantonana/E+/Getty Images)
Crops, Markets

EU cuts estimate of drought-hit maize crop, raises import outlook

Commission cuts soft wheat exports, raises imports

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Paris | Reuters — The European Commission on Friday cut its estimate of this year’s drought-hit maize harvest in the European Union to a new 15-year low while again raising its projection for this season’s maize imports. European maize (corn) crops endured severe drought and several heatwaves during the crucial summer growth period. The Commission […] Read more
EU flags in front of the headquarters of the European Commission in Brussels. (Jorisvo/iStock/Getty Images)
Markets

EU predicts pain for farmers, consumers from Ukraine crisis

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Brussels | Reuters — Russia’s invasion of Ukraine and EU sanctions on Moscow will prove painful for farmers, consumers, fertilizer makers and exporters of farm products, the European Commission warned on Monday. Michael Scannell, deputy director-general of the Commission’s agriculture division, said grain buyers should brace for higher prices given that Russia and Ukraine made […] Read more
Bayer’s cross symbol hangs in a terminal at Frankfurt International Airport. (Typhoonski/iStock Editorial/Getty Images)
Livestock

Elanco gets EU’s conditional antitrust OK for Bayer deal

Approval calls for sale of Vecoxan brand, among others

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Reuters/Staff — Elanco Animal Health secured antitrust clearance on Monday from the European Union to buy Bayer’s veterinary drugs unit, after pledging to sell some products to address competition concerns about the US$7.6 billion deal. The European Commission said the companies will sell either Elanco or Bayer’s products or those in the pipeline, including licenses, […] Read more
(MDurson/iStock/Getty Images)
Markets

EU sets out COVID-19 support for farmers

Moves meant to stabilize markets

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Brussels | Reuters — The European Commission proposed measures on Wednesday to support farmers hit by the coronavirus restrictions, including aid to store surplus dairy and meat products. Under the proposals, the Commission will grant aid for private storage of milk powder, butter and cheese as well as beef, sheep and goat meat for a […] Read more

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