AGP Executive Report
Last update: 5 hours agoFood-Supply Security: Cyberattacks on supermarket refrigeration systems have spread across at least 10 European countries, raising fears of food waste and supply disruption. The culprits remain unknown, while experts urge stronger cybersecurity. UK–EU Food Trade: A draft deal to remove most checks on food exports is reportedly ready for announcement later this month, though it may not take effect until 2028. It could ease costs for exporters, especially smaller businesses. Crop Innovation: Dutch biologicals companies are launching products overseas because EU approvals can take eight to 10 years. Bayer also says hot, dry conditions in Europe cut demand for crop-protection products, contributing to a 2% quarterly sales decline. Farm Support: Irish farm groups have called proposed CAP cuts “simply unbearable,” while Scotland’s suckler scheme is tightening its calving interval limit from 410 to 400 days. Livestock Markets: Irish R3 steers are selling for about €1/kg less than British equivalents, as Irish cattle throughput rises and British supplies tighten.
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