IEG Vu's March Top 10: Cold snap good for apples, organic scandal, Chinese tariffs
March saw a cold snap hit fruit crops across Europe, China retaliate against US trade sanctions with new tariffs on pork, fruit, nuts and more, and the unravelling of a scandal involving fake organic produce in Belgium.
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- European cold snap: Good for apples; not so good for strawberries and peaches The unseasonably low temperatures seen around Europe in late February and early March were welcomed by apple growers but caused concern for growers of other fruits.
- US pork, fruit, nuts and wine on China’s list of retaliatory trade tariffs (free to view) China targeted food and drink exports in response to the proposed trade sanctions announced by the USA.
- Fake organics and decade-old meat: Belgian scandal details revealed Belgian meat company Veviba not only altered date labels on their products but also sold conventionally-produced meat as organic and tried to export long-expired products.
- Ecobank: “It’s unlikely we’re going to see a surge in cocoa prices” (free to view) Sandra Boga speaks to Ecobank’s Edward George about West African cocoa values.
- Europe’s apple juice concentrate market: An early forecast Neil Murray assesses the prospects for the AJC sector in the major European countries, with the weather set to be a key factor.
- Poor Argentine peanut crop drives up global prices (free to view) The lack of availability of quality peanuts from Argentina is one of the factors driving up prices in Brazil, the US, China and India.
- Poland emerges a winner three years on from end of EU milk quotas (free to view) Three years on from the abolition of EU milk production quotas, Poland has emerged as the biggest Eastern European winner.
- Malaysian palm oil industry facing up to difficult future The EU is set to ban the use of the tropical oil in biofuel production in 2021, but this is just one of the challenges the sector is facing going forward.
- Thailand canned sweet corn exports challenge US The Asian country is closing in on the USA as the world’s biggest exporter.
- NZ imports behind Russia dairy curbs, says Belarus leader President Aleksandr Lukashenko claims imports from New Zealand are behind the Russian ban on shipments from his country.
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