Bulgaria has emerged as Europe’s top exporter of black caviar, according to Assoc. Prof. Violin Raykov from the Institute of Oceanology at the Bulgarian Academy of Sciences. The export of this high-value delicacy is tightly regulated, carried out under a quota system overseen by the Ministry of Environment and Water. Only select companies in the…
Cheese prices in Europe are falling due to overproduction, but this has not yet been reflected on Estonian store shelves. Producers say prices may drop in February or March. The price of raw milk on the international market has fallen by 20-30% compared with last year, but this has yet to be reflected in the…
A drop in global milk prices is currently only reflected in cheaper Lithuanian butter in Estonia, but Estonian butter and cheese prices are also set to fall soon. ERR reported on January 14 that butter prices in Latvia had dropped sharply, with Latvian Radio saying a pack of butter could now be bought for as…
Free exports for Ukraine prove a matter of economic stability for the state and global food security. Therefore, the Ministry of Economy, Environment and Agriculture focuses on expanding trade opportunities by bringing the Ukrainian agribusiness closer to EU requirements and increasing quotas. This was stated by Minister of Economy, Environment and Agriculture of Ukraine, Oleksii…
Food prices in Latvian shops are beginning to follow global trends, Martins Kazaks, President of the Bank of Latvia, has said. He noted that in previous years Latvia had seen a pattern whereby food prices rose domestically when global prices increased, but when global food prices fell, prices in Latvia tended to remain unchanged and…
Lithuanian farmers are raising concerns that a proposed European Union trade agreement with the South American bloc Mercosur could flood European markets with cheaper imports, undercutting domestic production. “At the same time that we in EU countries cannot grow cheap products using inexpensive chemicals or prohibited substances, the EU wants to sign agreements with South…
The situation in the sugar industry of Vinnytsia region remains difficult, with only two sugar plants currently operating due to a shortage of raw materials. The Vinnytsia Regional Military Administration (RMA) reported this. “The situation in the sugar industry remains challenging. At present, only two sugar plants are operating,” the RMA stated. Officials noted that…