Firstly, we are pleased to introduce Kathy Krug (Calgary, Canada) and Shane Bilardi (Melbourne, Australia), our new jointly appointed Global Food & Agribusiness co-leaders and co-editors of Cultivate.

In this, our twelfth issue of Cultivate, we focus on the possible effects of Brexit on the food and agribusiness sector. This includes analysing the EU’s finalisation of the MiFID II and MiFIR packages, exploring the merger control implications of Brexit and reviewing the funding available to the UK’s agricultural sector once it is no longer part of the EU’s Common Agricultural Policy. We also delve into the potential implications of Brexit’s impact on the UK’s relationship with Africa including agricultural exports.

Other highlights in this edition include an examination of the possible introduction of pre-harvest crop receipts in Africa and a review of the numerous consumer class actions against the US sugar industry.

Contents

  MiFID II: EU regulators close to finalising rules for agriculture and other commodity markets   UK’s agricultural sector given time to gather its thoughts prior to ‘Brexit’   No sweet talk   Implications of Brexit: the possible impacts and opportunities for Africa   How can crop receipts help finance African agriculture?   Brexit: merger review implications and recommendations   Australia: Regulator considers permitting the sale of food derived from low THC hemp seeds  White 



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Canada and EU sign security and defence partnership

Canada and the European Union signed a Security and Defence Partnership (SDP), which formalizes a mutual intent to foster closer ties by establishing a framework for dialogue and cooperation across the full security and defence spectrum.

Global | June 27, 2025

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CORSIA: A market update

The Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) is now half way through its first phase of compliance, while the supporting regulatory frameworks constituting the building blocks for the CORSIA and Article 6 markets are incrementally being cemented in place and the market is developing fair mechanisms for managing key gap risks.

Global | June 27, 2025

Transport

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Marine Money Week New York 2025

We are delighted to be participating in Marine Money Week New York 2025. As one of the landmark events for the global shipping finance community, and with the global shipping and maritime industry at such a pivotal juncture, we look forward to catching up with clients and contacts to continue discussions around navigating the current challenges and opportunities.

Global | June 16 – 18, 2025

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