AGRICULTURE AND RURAL DEVELOPMENT MILK AND DAIRY PRODUCTS Newsletter

Latest update Dashboard: Milk and dairy products Highlights EU butter prices: 723 €/100 kg, +0.4% up in last 4 weeks; EU SMP prices: 372 €/100 kg, -0.6% down in last 4 weeks; EU WMP prices: 491 €/100 kg, +0.8% up in last 4 weeks; EU cheddar prices: 481 €/100 kg, +2.0% up in last 4 weeks; IT spot milk price stable at 67.50 c/kg (25/09/2022); Increase of feed costs (+0.5%) and decrease of energy costs (+3.3%) in week 38 compared to the previous 4 weeks; EU milk deliveries in Jan.-July 2022 are 0.5% below 2021 deliveries during the same period; Decrease of most EU dairy productions in Jan.-July 2022: butter (-1.9%), SMP (-2.3%), WMP (-4.3%), fermented milk (-1.0%), drinking milk (-0.7%) , condensed (-3.7%) and cheese (-1.0%). Increase for cream (+1.1%); EU butter exports to China decreased by 32% and slightly increased to the US (+1%) during the first 7 months of 2022; EU cheese exports stable to the US and down to Switzerland (-5%) and Japan (-2%); In Jan.-July 2022, EU SMP and WMP exports to China were down: -41% and -11% respectively. SMP exports down to Algeria (-7%) and Indonesia (-23%) and WMP exports up to Oman (+17%) and Kuwait (+27%); US dairy exports of butter(oil) and cheese up in Jan.-July 2022 (respectively +45% and +15%). Powder exports down: SMP (-8%), WMP (-1%); In Jan.-July 2022, NZ exports of butter(oil) and SMP up (respectively +6% and +5%). Cheese and WMP exports down (respectively -13% and -21%); Almost all Chinese imports down in Jan.-July 2022: butter(oil) (-5%), cheese (-21%), SMP (-28%), WMP (-11%), wheypowder (-34%), casein(ate)s (-15%), condensed (-27%). Related links EU milk and dairy products policy | EU agricultural markets short-term outlook

Directorate-General for Agriculture and Rural Development

Agricultural markets dashboard – eggs View the latest update Related links EU eggs policy | EU agricultural markets short-term outlook Agricultural markets dashboard – sheep meat View the latest update Related links EU Lamb, mutton and goatmeat policy | EU agriclutural markets short-term outlook – meat products Latest news Agricultural markets dashboard – poultry meat View the latest update Related links EU poultry policy | EU agricultural markets short-term outlook

Latest news

EU Organic Day: the Commission celebrates the winners of the first ever EU organic awards The Commission unveiled the eight winners of the first ever EU organic awards to celebrate excellence and innovation along the European organic value chain.   See also Full article

IMF update

 

Dear maria, The remarkable rise of cryptocurrencies captured the popular imagination and gave a glimpse of new technical capabilities, write the Bank for International Settlements’ Agustín Carstens, Jon Frost and Hyun Song Shin in F&D. Yet the recent rout in crypto valuations has underscored the failure to fulfill the requirements of a monetary system that fully serves society. These shortcomings are not just bugs but structural flaws. “The monetary system of the future should harness the new technical capabilities demonstrated by crypto but be grounded in the trust central banks provide,” they write. Read the full article F&D September Issue The Money Revolution: Crypto, CBDCs, and the future of finance The ongoing money revolution and its implications for finance, monetary policy, international capital flows and society at large is the focus of our September edition. F&D delves into Crypto and CBDCs by drawing on cutting-edge research and analysis from economists and other leading experts including Agustín Carstens, Eswar Prasad, Ravi Menon, Tobias Adrian and many others. Want to get a print copy delivered to your home or office? Click here to subscribe.   Have Your Say What do you think of this article? Please write to us directly and let us know your thoughts. We would love to hear from you. Nick Owen Senior Editor F&D Magazine nowen@IMF.org

EUROPEAN PARLIAMENT's update

Ευρωπαϊκό
Κοινοβούλιο

Press release - Ukraine needs heavy armoury, Europe must be able to take the next step

28/09/2022


Addressing 'Night of European Ideas' in Berlin, President Metsola called for further support to Ukraine. "Tanks are needed. We must be able to take that next step."

Press release - Ukraine needs heavy armoury, Europe must be able to take the next step

28/09/2022


Addressing 'Night of European Ideas' in Berlin, President Metsola called for further support to Ukraine. "Tanks are needed. We must be able to take that next step."
Video of another event - Panel for the Future of Science and Technology - Wednesday, 28 September 2022 - 15:08

28/09/2022


Length of video : 106'

Disclaimer : The interpretation of debates serves to facilitate communication and does not constitute an authentic record of proceedings. Only the original speech or the revised written translation is authentic.

AMENDMENTS 001-007 - REPORT on striving for a sustainable and competitive EU aquaculture: the way forward - A9-0215/2022(001-007)

28/09/2022

AHEPA Attends Events during UN General Assembly Week

 

AHEPA E-News Volume 16, Issue 34 | Wednesday, September 28, 2022 AHEPA Attends Events during UN General Assembly Week The AHEPA family's national leadership participated at events held on the sidelines of the 77th United National General Assembly last week in New York City. AHEPA and the Daughters of Penelope were represented at a luncheon held in honor of Prime Minister of Greece Kyriakos Mitsotakis and Mrs. Mareva Grabowski Mitsotaki, on Sept. 21. Read/Watch: Prime Minister Mitsotakis' address to the audience Supreme President Jimmy Kokotas, DOP Grand President Georgette Boulegeris, Board of Trustees Chairman Nicholas Karacostas, PSP; Board of Trustees Vice Chair George Horiates, PSP; Supreme Governor Region 3 Theodore Stamas, Executive Director Basil Mossaidis and DOP Executive Director Elena Saviolakis attended the luncheon. In addition, AHEPA family officers attended the Federation of Cypriot American Organizations' annual dinner held Sept. 23. President of the Republic of Cyprus Nicos Anastasiades addressed the audience. Pictured top (l-r): Supreme Governor Region 3 Stamas, Supreme President Kokotas, Prime Minister Mitsotakis, Board Chairman Karacostas, PSP; and Board Vice Chair Horiates, PSP. Pictured inset (l-r): Supreme President Kokotas, President Anastasiades, and DOP Grand President Boulegeris.

EUROPEAN BANK's update

 

News

EBRD supports expansion of Uzbekistan’s Idea Concept Group 29-09-2022 08:57 AM BST UZS 44 billion loan to promote competitiveness and local retail sector EBRD lends PLN 350 million to Santander for greener homes in Poland 29-09-2022 08:52 AM BST Funds to be on-lent to homeowners for modern heating and insulation EBRD and EU intensify cooperation through new partnership agreement 28-09-2022 08:00 AM BST First projects in Central Asia launched under new agreement Reduced gas supplies and inflation to slow growth further in EBRD regions 28-09-2022 06:09 AM BST Bank projects growth of 2.3 per cent in 2022 and 3 per cent in 2023 Growth in southern and eastern Mediterranean to slow to 2.9 per cent in 2022 28-09-2022 03:00 PM BST Impact of the war on Ukraine felt throughout the region Central Asia shows strong resilience to geopolitical turmoil 28-09-2022 06:26 AM BST EBRD projects growth of 4.3 per cent in 2022 and 4.9 per cent in 2023 EBRD expects Ukraine’s economy to contract by nearly a third in 2022 28-09-2022 06:06 AM BST Bank revises 2023 GDP rebound forecast down to 8 per cent Strong economic performance in Caucasus amid geopolitical turmoil 28-09-2022 06:00 AM BST EBRD Regional Economic Prospects report highlights growth, warns of threats Emerging markets and advanced economies differ on tackling energy prices 28-09-2022 06:39 AM BST EBRD countries favour price controls while advanced economies opt for windfall taxes EBRD upgrades Turkey forecast, but vulnerabilities remain 28-09-2022 06:26 AM BST Short-term external debt, current account deficit and geopolitical tensions constitute risks EBRD extends new financing to Serbian HTEC Group 27-09-2022 09:59 AM BST €55 million loan to support further growth and regional expansion EBRD and Akbank join forces to support women entrepreneurs in Turkey 27-09-2022 11:27 AM BST Funds of US$ 50 million funds to expand financial access for women-led small businesses EBRD invests in Horizon Capital Growth Fund IV 26-09-2022 12:30 PM BST An initial equity commitment of up to US$ 40 million to support tech SMEs in Ukraine and Moldova EBRD Board of Directors visits Tunisia 26-09-2022 08:52 AM BST Directors to meet with government officials and business community members Tomas Kairys to lead EBRD operations in Baltic states 26-09-2022 10:33 AM BST A Lithuanian national, Kairys will take over as head of Estonia, Latvia and Lithuania in mid-October EBRD Literature Prize 2023 open for submissions 26-09-2022 10:30 AM BST Prize celebrates fiction and English translations from the EBRD regions EBRD promotes green innovation in Uzbekistan’s agribusiness 26-09-2022 08:57 AM BST €14 million loan to support expansion and resource management of UzCarlsberg brewery