The European Union cheese export forecast for 2020 is revised up by 3 percent to 925,000 tons
27.07.2020 17:00 "Agro Perspectiva" (Kyiv) —
According to the report of the USDA Dairy: World Markets and Trade (July 2020), the European Union cheese export forecast for 2020 is revised up by 3 percent to 925,000 tons which represents an expansion of 5 percent over 2019. Year-to-date shipments this year have been about 9 percent ahead in comparison to the same period last year. However, shipments are expected to slow down during the second half of the year as the availability of industrial milk declines due to the seasonal decline in milk production. Traditionally the United States has been the largest market for EU cheese accounting for about 16 percent of EU shipments in 2019. This year, shipments to the U.S. import market through May are down about 11 percent. This may have been due to COVID-19 affecting the food service sector and the retaliatory tariffs of 25 percent imposed on imports of EU cheeses by the United States starting in October 2019. These retaliatory tariffs were in response to a World Trade Organization ruling in favor of the United States over EU subsidies to Airbus. While EU cheese exports to the United States declined, shipments particularly to the Ukraine, South Korea, and Japan markets have increased significantly. Read more: SMP & WMP. UKRAINE. RESULTS OF THE 1ST HALF OF 2020. FORECASTS FOR THE SECOND HALF OF THE YEAR To support the dairy market during the COVID-19 pandemic, in late April the European Union authorized the subsidization of storage costs for up to 100,000 tons of cheese for between 60180 days under the Private Storage Scheme. Cumulative volumes through end-of-June total 48,000 tons. As a result of a slight decrease in the milk production forecast for New Zealand, the 2020 cheese production forecast is trimmed by 1 percent to 360 million tons. With more limited exportable supplies, cheese shipments are expected to be lower and the export forecast is revised down by 10,000 tons to 340,000 tons. Cheese shipments through May are already down 5 percent YOY primarily due to decreased exports to China, Australia, and Japan. In contrast, sales to South Korea are up by about 49 percent YOY. Read more: CASEIN. UKRAINE. RESULTS OF THE 1ST HALF OF 2020. FORECAST FOR THE SECOND HALF OF THE YEAR The United States production 2020 forecast is revised up by 1 percent to 6.15 million tons with most of the additional cheese being channeled to domestic consumption which is expected to grow by 4 percent YOY. Cheese exports through May are lagging last year’s pace by 5 percent with a notable slowdown in shipments to such key markets as South Korea and Japan. Surprisingly, sales to Mexico have been faring well with exports to this market through May up 5 percent YOY. However, recent high prices for U.S. cheese relative to competitors have dimmed prospects and the export forecast is revised down by 3 percent to 353,000 tons. Agro+ Milk Ukraine
18.09.2023 |
|
 |
 |
|
 |
13:55 |
Ukraine will sue Poland, Hungary and Slovakia over agricultural bans |
15.09.2023 |
|
 |
 |
|
 |
21:02 |
Following the expiry of the restrictive measures on Ukrainian exports of grain and other foodstuff to the EU, Ukraine agrees to introduce measures to avoid a renewed surge in EU imports |
13.09.2023 |
|
 |
 |
|
 |
17:54 |
Biodel AG Secures Series A Investment from Pangaea Ventures to Advance Novel Regenerative Agriculture Technologies |
 |
07:25 |
Rice Export Prices Highest in 15 Years as India Restricts Trade |
11.09.2023 |
|
 |
 |
|
 |
17:54 |
Export Bans, Black Sea Tensions, Affecting Food Markets - WTO Agriculture and Commodities Division |
09.09.2023 |
|
 |
 |
|
 |
18:36 |
Global cereal production forecast to match past record - FAO |
14.08.2023 |
|
 |
 |
|
 |
13:22 |
EBRD provides EUR60 million guarantee to support lending by Ukraine’s PrivatBank |
 |
13:18 |
Supporting small business in the west of Ukraine via Bank Lviv |
12.08.2023 |
|
 |
 |
|
 |
18:35 |
Russia Withdraws from Black Sea Grain Initiative |
04.08.2023 |
|
 |
 |
|
 |
19:32 |
Falling international maize and sugar prices partly offset notable jumps in wheat and vegetable oil quotations |
28.07.2023 |
|
 |
 |
|
 |
19:25 |
Cargill and partners announce first Gold Standard-approved methane emissions reduction methodology for beef producers |
 |
19:21 |
FAO welcomes European Union contribution of ˆ25 million to advance wildlife conservation and food security |
 |
18:55 |
BASF’s earnings in tough market environment significantly below strong prior-year quarter |
24.07.2023 |
|
 |
 |
|
 |
00:45 |
Brazil continues to make export gains and set new records for beef, pork, and chicken meat |
23.07.2023 |
|
 |
 |
|
 |
22:25 |
122 million more people pushed into hunger since 2019 due to multiple crises, reveals UN report |
22.07.2023 |
|
 |
 |
|
 |
08:17 |
U.S. dairy exports to Southeast Asia have been weak to start 2023 |
13.07.2023 |
|
 |
 |
|
 |
07:00 |
Russia Exports Record Wheat Volumes; Ukraine Exports Plummet |
08.07.2023 |
|
 |
 |
|
 |
09:00 |
FAO Food Price Index continued declining in June |
06.07.2023 |
|
 |
 |
|
 |
20:10 |
Global agricultural and food production are projected to continue to increase over the next ten years |
04.07.2023 |
|
 |
 |
|
 |
19:54 |
EBRD supports Ukrainian city of Dnipro with EUR25 million loan |
 |
09:03 |
Nibulon invests EUR 27 mln in construction of granary, flour mill in Izmail |
23.06.2023 |
|
 |
 |
|
 |
08:57 |
World coffee production for 2023/24 is forecast 4.3 million bags higher than the previous year to 174.3 million |
 |
08:55 |
Mexico’s Production Recovering from Coffee Leaf Rust |
22.06.2023 |
|
 |
 |
|
 |
04:05 |
EBRD and Ukraine government to mobilise ˆ600 million for Ukraine energy security |
21.06.2023 |
|
 |
 |
|
 |
20:26 |
EBRD and Ukraine government to mobilise EUR600 million for Ukraine energy security |
11.06.2023 |
|
 |
 |
|
 |
15:55 |
Argentina ramps up soybean imports from Paraguay and Brazil |
10.06.2023 |
|
 |
 |
|
 |
04:35 |
World Oceans Day must be Humans Day: FAO Fisheries chief |
09.06.2023 |
|
 |
 |
|
 |
11:24 |
EU extends trade benefits for Ukraine |
05.06.2023 |
|
 |
 |
|
 |
11:25 |
2023/24 Grain Production Exceeds Consumption |
02.06.2023 |
|
 |
 |
|
 |
11:45 |
Rebound seen for global cereal output, with worldwide stocks set to hit record levels |
 |
11:35 |
Significant drops in international quotations for wheat, maize, vegetable oils and cheese, while prices of rice, sugar and meat rise |
01.06.2023 |
|
 |
 |
|
 |
11:56 |
Conflict Drives Acute Hunger in the Democratic Republic of Congo - UN agencies warn |
31.05.2023 |
|
 |
 |
|
 |
12:29 |
Three New Foods and Their Applicable Food Safety Standards |
30.05.2023 |
|
 |
 |
|
 |
11:55 |
Haiti: Nearly half of the population is facing acute hunger |
 |
11:34 |
Increasing risk of hunger set to spread in hotspot areas as the Sudan crisis spills over into subregion and el Niño looms - warns new UN report |
28.05.2023 |
|
 |
 |
|
 |
12:51 |
Black Sea Grain Initiative not fully resumed – UN |
25.05.2023 |
|
 |
 |
|
 |
15:52 |
Ukrainian FM urges African Union to demand that Russia stop obstructing work of grain corridor |
20.05.2023 |
|
 |
 |
|
 |
11:49 |
Grain initiative talks continue considering proposal of UN Secretary General – Dpty Minister of Restoration |
05.05.2023 |
|
 |
 |
|
 |
14:45 |
The FAO Food Price Index rebounded slightly in April |
28.04.2023 |
|
 |
 |
|
 |
09:15 |
Yara . 1Q results impacted by falling prices, but tighter nitrogen market into 2Q |
21.04.2023 |
|
 |
 |
|
 |
22:10 |
Ukraine sees no reason to ban Ukrainian grain imports by EU countries - Solsky |
18.04.2023 |
|
 |
 |
|
 |
21:45 |
$5 million from FAO-China South-South Cooperation Programme will assist in building more resilient agrifood systems |
 |
21:05 |
China Becomes World’s Largest Wheat Importer in 2022/23 |
14.04.2023 |
|
 |
 |
|
 |
09:52 |
EBRD and Spain join forces to support Ukraine’s food security and municipal sector |
05.04.2023 |
|
 |
 |
|
 |
13:10 |
Astarta starts 2023 planting season |
31.03.2023 |
|
 |
 |
|
 |
00:27 |
War in Ukraine continues to impact EU farmers |
28.03.2023 |
|
 |
 |
|
 |
22:17 |
Ukraine sends 150,000 tonnes of wheat to Asia |
 |
12:00 |
Global onion prices are at record-high levels due to a global shortage of onions |
12.03.2023 |
|
 |
 |
|
 |
06:17 |
It will enrich Egypt if a kilo of onions costs HUF 1,000 |
10.03.2023 |
|
 |
 |
|
 |
11:03 |
Plummeting Argentina Soybean Production Impacts Global Soybean and Products Trade |
Also available:

|