Reuters — Russia on Tuesday restated a demand for its state agricultural bank to be reconnected to the global SWIFT payments system to avert the collapse of the Black Sea […] Read more
Russia rejects bank compromise as Black Sea grain deal expiry looms
Collapse of deal could aggravate global food crisis
EU seen weighing concession to Russian bank over Black Sea deal
New arm of ag bank could connect to SWIFT
Reuters — The European Union is considering a proposal for the Russian Agricultural Bank to set up a subsidiary to reconnect to the global financial network as a sop to […] Read more
Canopy Growth sheds California facility amid liquidity worries
Cannabis producer aims to rein in costs
Reuters — Canadian pot producer Canopy Growth said on Thursday it has completed the sale of its facility at Modesto, California as part of its divestitures to raise funding amid […] Read more
Dow signs bio-plastics agreement
U.S. chemical maker Dow has signed a long-term supply agreement with bioconversion company New Energy Blue for plastic materials made from corn residue, in its move to renewable energy sources […] Read more
Australia expects ‘favourable decision’ from China on barley
Heavy tariffs in place since 2020
Sydney | Reuters — Australia is expecting a positive decision over the next two weeks from China to fully settle a dispute over barley tariffs, Trade Minister Don Farrell said […] Read more
Ukraine’s farm output could take 20 years to recover, study suggests
Some crop sectors may recover more quickly
Kyiv | Reuters — Ukraine’s agricultural sector could take 20 years or more in parts to recover from the ravages of Russia’s full-scale invasion, according to a Kyiv-based research centre. […] Read more
Kremlin says ammonia pipeline blast negative for Black Sea grain deal
Russia had sought transit for ammonia via Ukraine
Moscow | Reuters — The Kremlin said on Thursday that there would be a “negative impact” on the fate of a Black Sea grain deal from a blast which damaged […] Read more
EU extends restrictions on Ukrainian grain imports
Restrictions won't apply to seed for planting
Warsaw/Brussels | Reuters — The European Commission said Monday it was extending until Sept. 15 an arrangement whereby five of Ukraine’s EU neighbours can restrict imports of Ukrainian grain. The […] Read more
Canada on track for worst-ever wildfire season
Unusual to see fires nationwide at one time
Ottawa | Reuters — Canada is on track for its worst-ever year of wildfire destruction as warm and dry conditions are forecast to persist through to the end of the […] Read more
U.S. reports case of atypical BSE
Chicago | Reuters — The U.S. Department of Agriculture (USDA) announced on Friday an atypical case of bovine spongiform encephalopathy (BSE), in an older beef cow at a slaughter plant […] Read more