EU May Let Farmers Use Fallow Land As Ukraine War Hits Grain Supply
The European Union will consider letting farmers use fallow land, notably to grow protein crops for livestock feed, to counter disruption to supply from Ukraine following Russia’s invasion, officials said.
Russia’s week-old invasion of Ukraine has sent European wheat prices to record highs. Ukraine and Russia are two of the world’s largest grain exporters.
Trading firms have been seeking EU grain, wheat and corn to replace Ukrainian supplies for export, but the EU is also reliant on imports of corn and sunflower seed for livestock feed.
The European Commission is to study how to apply such a move, which would modify EU farm policy rules on preserving soils and biodiversity, and make proposals at a next ministers’ meeting on 21 March, the told reporters.
ESM
Related news
Eurozone manufacturing activity improved in April, but still shows weak performance
The pace of decline in eurozone manufacturing activity slowed to…
Read more >Has competitiveness taken precedence over sustainability in the EU?
The European Union’s sustainability (ESG) objectives have been a high…
Read more >GKI Analysis: Has competitiveness taken precedence over sustainability in the EU?
The European Union’s sustainability (ESG) objectives have been a high…
Read more >Related news
Márton Nagy: the government would introduce margin restrictions for stores selling household goods
The government may discuss on Wednesday and is expected to…
Read more >More expensive Barbie, thinner Heinz – Trump’s tariffs redraw the global consumer market
The impact of Donald Trump’s tariff policy is affecting more…
Read more >Almost 20 percent cheaper food? The government is satisfied with the results of the margin reduction
“Thanks to the margin reduction, more and more products can…
Read more >