
EU use of mineral fertilisers up 6% in 2024
In 2024, 9.8 million tonnes of mineral fertilisers were used in agricultural production across the EU.
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In 2024, 9.8 million tonnes of mineral fertilisers were used in agricultural production across the EU.

Cumulative exports for January–April were down 3% in value, mainly due to lower values of exports of cocoa products and pigmeat.

The latest update confirms a contraction in the global corn market for the 2026/27 crop year: the decrease in harvests in the United States and Argentina far outweighs the gains in Brazil and China, which is also putting downward pressure on exports and global stocks. The most recent projections for soybeans, however, remain optimistic, driven by Brazil and the United States, with global production expected to reach a new all-time high despite a slight reduction in ending stocks.

This is the world's first selective herbicide for controlling resistant grass weeds in soybeans and cotton in nearly 40 years.

The Director General of IICA warned in Ireland that the main risk for the region is not a decline in production, but rather a failure to adapt in time to global changes.

The United States supplied 30% of Venezuela's agricultural imports by value in 2025, with soybean meal, soybean oil, wheat, and corn leading shipments.

Ministers backed the swift implementation of the Commission's plan to secure access to fertilisers and support EU farmers.

Argentina strengthens its regional leadership and international recognition in developing agricultural technology.

G7 agriculture ministers examine risks related to rising fertilizer prices and supply chains.

The continued increase reflected higher prices across all major cereals.

Argentina reduces export duties on wheat and barley starting in June and establishes a schedule of reductions for other grains starting in 2027.

This marks the best performance for the first four months of 2026. In addition, both the value and volume of shipments increased by 16% and 18%, respectively, compared to the first four months of 2025, to more than 125 destinations.

While both exports and imports have declined slightly compared to last year, lower import values contributed to an improvement in the monthly trade balance.

In this first estimate for the 2026/27 season, corn is facing a production adjustment following the record figures of the previous season, with declines in the U.S. and Argentina that gains in Brazil and China are unable to fully offset. Soybeans, by contrast, begin the new season with a more encouraging outlook: simultaneous growth in Brazil, the U.S., and Argentina would push global production to a new all-time high.

The "Fair Price" scheme involves 61,000 producers from seven states and more than 80 companies in the agribusiness chain.

The Council decided today to suspend for one year customs tariffs on key nitrogen-based fertilisers used in agricultural production in the EU.