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Tag Archives black sea


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

File photo of an ammonia pipe. (Jupiterimages/Photos.com/Getty Images)
Crops

Kremlin says ammonia pipeline blast negative for Black Sea grain deal

Russia had sought transit for ammonia via Ukraine

By Reuters June 8, 2023
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

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

Ukraine says Russia again blocking Black Sea grain export deal

Russia seeks ammonia transit via Pivdennyi

By Pavel Polityuk June 2, 2023
Kyiv | Reuters — Ukraine’s ministry of renovation and infrastructure said on Thursday the U.N.-brokered Black Sea grain export deal had been halted again because Russia had blocked registration of […] 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

Black Sea grain deal slow to get moving after extension

Ukraine says Russia has effectively frozen out one port

By Michelle Nichols May 27, 2023
United Nations | Reuters — A deal allowing the safe wartime export of grain and fertilizer from Ukrainian Black Sea ports has not yet resumed full operations, the United Nations […] Read more


CBOT July 2023 soft red winter wheat with Bollinger bands (20,2), MGEX July 2023 hard red spring wheat (yellow line) and K.C. July 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Profit-taking pressures wheat futures

CBOT corn firm, soy mixed

By Mark Weinraub May 25, 2023
Chicago | Reuters — U.S. wheat futures fell on Wednesday on a round of profit-taking as traders said the market lacked fundamental inputs to drive prices higher a day after […] Read more

Aerial view of a breakwater near Ukraine’s Black Sea port of Pivdennyi (formerly Yuzhny) near Odesa. (Viktor Ketal/iStock/Getty Images)
Crops, Markets

Russia preventing Black Sea grain deal port from operating, Ukraine says

Black Sea Grain Initiative was extended last week

By Pavel Polityuk May 24, 2023
Kyiv | Reuters — The Ukrainian port of Pivdennyi has halted operations because Russia is not allowing ships to enter it, in effect cutting it out of a deal allowing […] Read more

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

U.S. grains: Wheat up off two-year low, pulls corn higher

Soybeans down on profit-taking

By Mark Weinraub May 23, 2023
Chicago | Reuters — U.S. wheat futures rose 2.6 per cent on Tuesday, bouncing from their lowest in more than two years, on concerns that Ukraine’s exports were being restricted […] Read more


CBOT December 2023 corn with 20-day moving average (yellow line) and July 2023 corn (orange high/low/close). (Barchart)
Crops, Markets

U.S. grains: July corn down on poor exports, strong crop prospects

CBOT soybeans, wheat also down; new-crop December corn up off decline

By Julie Ingwersen May 18, 2023
Chicago | Reuters — Benchmark U.S. corn futures fell on Thursday to their lowest in 19 months, pressured by disappointing export data and prospects for big U.S. crops, analysts said. […] 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

Three more ships approved under renewed Black Sea grain deal

Wheat futures down on news of renewal

By Michelle Nichols, Nigel Hunt May 18, 2023
London/United Nations | Reuters — Three new ships were authorized on Thursday to take part in a deal allowing the safe Black Sea export of Ukraine grain, said the United […] Read more

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