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Tag Archives black sea


A seaport grain terminal damaged during Russian missile and drone strikes in Odesa region, Ukraine on July 19, 2023. (Photo: Ukrainian Infrastructure Ministry via Facebook/Handout via Reuters)
Crops, Markets

Russia delivers Black Sea warning as Ukraine decries ‘hellish’ grain port attacks

Russian missiles strike Odesa for second night in a row

By Max Hunder, Olena Harmash July 20, 2023
Kyiv | Reuters — Russia warned that from Thursday any ships sailing to Ukraine’s Black Sea ports would be seen as potentially carrying military cargoes, as Kyiv accused Moscow of […] Read more

Ukraine’s President Volodymyr Zelenskyy (r) and South Korean President Yoon Suk Yeol attend a joint statement in Kyiv on July 15, 2023. Photo: Reuters/Valentyn Ogirenko
Crops, Markets

Grain shipping deal can operate without Russia, Zelenskyy says

'Blackmail is not allowed for anyone'

By Reuters July 17, 2023
Kyiv | Reuters — The Black Sea grain shipment deal must continue and could operate without Russian participation after Moscow’s withdrawal on Monday, Ukrainian President Volodymyr Zelenskyy said. Ukraine, Zelenskyy […] Read more

Vessels are seen as they await inspection under the Black Sea Grain Initiative, brokered by the UN and Turkey, in the southern anchorage of the Bosphorus at Istanbul on Dec. 11, 2022. (File photo: Reuters/Yoruk Isik)

Black Sea grain deal expires after Russia quits

United Nations says the move would "strike a blow to people in need everywhere"

By Guy Faulconbridge, Michelle Nichols July 17, 2023
United Nations/Moscow | Reuters – A deal allowing the safe Black Sea export of Ukraine’s grain for the past year expired on Monday after Russia quit and warned it could […] Read more

Vessels are seen as they await inspection under the Black Sea Grain Initiative, brokered by the UN and Turkey, in the southern anchorage of the Bosphorus at Istanbul on Dec. 11, 2022. (File photo: Reuters/Yoruk Isik)
Crops, Markets

UN waits for Russian answer as Black Sea deal deadline looms

U.S. says Russia using grain deal 'as a weapon'

By Michelle Nichols July 14, 2023
United Nations | Reuters — UN Secretary-General Antonio Guterres is still waiting for a response from Russian President Vladimir Putin on a proposal to extend a deal allowing the safe […] Read more

CBOT September 2023 soft red winter wheat with 20-day moving average, MGEX September 2023 hard red spring wheat (yellow line) and K.C. September 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Wheat, corn rise as Ukraine shipping deal set to end

Soybeans mixed on profit-taking, supply questions

By P.J. Huffstutter July 14, 2023
Chicago | Reuters — U.S. wheat futures rose on Friday as drought conditions in Canada and the northern Plains continue to weigh on the market, as does uncertainty over the […] Read more


A Belize-flagged bulker, carrying grain under UN’s Black Sea Grain Initiative, transits the Bosphorus at Istanbul on May 12, 2023. (File photo: Reuters/Yoruk Isik)
Crops, Markets

UN scrambles to save Black Sea deal ahead of Monday deadline

Russia says has not yet taken final decision

By Michelle Nichols July 13, 2023
United Nations | Reuters — The European Commission is helping the United Nations and Turkey try to extend a deal allowing the Black Sea export of Ukraine grain and is […] Read more

Liberia-flagged bulker K Sukret, carrying grain under the Black Sea Grain Initiative, waits for inspection in the southern anchorage of Istanbul on May 17, 2023. (Photo: Reuters/Mehmet Emin Caliskan)
Crops

UN asks Putin to extend Black Sea grain deal in return for SWIFT access

Grain export initiative to expire Monday otherwise

By Michelle Nichols July 12, 2023
United Nations | Reuters — U.N. Secretary-General Antonio Guterres has proposed to Russian President Vladimir Putin that he extend a deal allowing the safe Black Sea export of grain from […] Read more

Vessels are seen as they await inspection under the Black Sea Grain Initiative, brokered by the UN and Turkey, in the southern anchorage of the Bosphorus at Istanbul on Dec. 11, 2022. (File photo: Reuters/Yoruk Isik)
Crops, Markets

Russia rejects bank compromise as Black Sea grain deal expiry looms

Collapse of deal could aggravate global food crisis

By Reuters July 4, 2023
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


Liberia-flagged bulker K Sukret, carrying grain under the Black Sea Grain Initiative, waits for inspection in the southern anchorage of Istanbul on May 17, 2023. (Photo: Reuters/Mehmet Emin Caliskan)
Crops, Markets

EU seen weighing concession to Russian bank over Black Sea deal

New arm of ag bank could connect to SWIFT

By Reuters July 3, 2023
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

Vessels are seen as they await inspection under the Black Sea Grain Initiative, brokered by the UN and Turkey, in the southern anchorage of the Bosphorus at Istanbul on Dec. 11, 2022. (File photo: Reuters/Yoruk Isik)
Crops, Markets

Ukraine ‘99.9 per cent’ certain Russia will quit Black Sea deal next month

Russia wants demands met on ammonia shipments

By Pavel Polityuk June 23, 2023
Kyiv | Reuters — Russia is 99.9 per cent certain to quit a U.N.-brokered deal on the safe wartime passage of Black Sea grain next month because it no longer […] Read more

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