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Commentary: Russia's wheat harvest could hit record 100 million tonnes in 2022, but may not translate into abundant exports to combat global food crisis; while Russian food exports are not sanctioned, many firms are cautious about trading with Russia

Two new Horizon Europe projects STAR4BBS and BIORECER focus on development of innovative certification schemes, labels for bio-based feedstock; aim is to address urgent need for harmonization of schemes, increase transparency of global and EU trade flows

Analysts on crude oil price outlook: Morgan Stanley cuts outlook by US$12 to US$98/barrel in Q3, and by US$5 to US$95/barrel in Q4 due to inflation; UBS cuts year-end forecast by US$15 to US$110/barrel on China's lockdowns, still-elevated Russian exports

Hass avocado imports from Mexico into the US are worth US$4B, up from about US$2.5B two years ago, according to new study by Texas A&M University that was funded by the Mexican Hass Avocado Importer Assn.

EU imports US$7.1B worth of tree nuts worldwide in 2021, with the US accounting for US$2.5B--or 35%--of total imports, according to USDA data

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