Drought in Russia: Grain region particularly affected
In Russia, the main region for grain cultivation has been experiencing dry conditions for weeks. This is likely to result in lower yields and poorer quality than previously expected.
Suggested:
The German import of beef has significantly increased in the current year. Imports from EU countries and third countries developed differently.
The German import of beef has increased significantly in the current year. Imports from EU countries and third countries developed differently.
Germany imported a total of 3% more beef from January to February 2025 than in the same period a year earlier. Shipments from third countries increased by 4%, more than those from EU member states, which grew by 3%.
Nevertheless, 87% of total imports came from EU countries. The country supplying the largest quantities remained the Netherlands with a market share of over a quarter of all deliveries. Poland and Austria followed in second and third place, respectively.
For third countries, deliveries mainly came from South American countries. This primarily includes prime cuts like fillets from Argentina, Brazil, and Uruguay, commonly used in gastronomy. The relatively high price of beef limits consumer behavior, resulting in a slight increase in import demand despite production remaining relatively stable.
In Russia, the main region for grain cultivation has been experiencing dry conditions for weeks. This is likely to result in lower yields and poorer quality than previously expected.
Wheat: Profit taking | Corn: Good weather | EEX-butter weaker
Now the USA have also intervened in the Middle East conflict between Israel and Iran. The question now arises how the agricultural markets will react.