Reuters — Ukraine has restored a rail link to neighbouring Moldova after a 23-year hiatus and the connection could carry 10 million tonnes of freight a year, President Volodymyr Zelenskiy […] Read more
Tag Archives grain exports
Ukraine restores Moldova rail link
Rail line could carry 10 million tonnes of freight per year
U.N. chief seeks ‘spirit of compromise’ over Ukraine grain initiative
Deal sees 21 outbound ships so far
Lviv | Reuters — U.N. Secretary-General Antonio Guterres urged Russia and Ukraine on Thursday to show a “spirit of compromise” to ensure the continued success of a U.N. brokered deal […] Read more
Russia, Ukraine agree to protect Ukraine grain shipping channel
London/New York | Reuters — Ships exporting Ukraine grain through the Black Sea will be protected by a 10-nautical mile buffer zone, according to long-awaited procedures agreed by Russia, Ukraine, […] Read more
Ukraine grain export coordination centre opens in Istanbul
Istanbul | Reuters – Turkish Defence Minister Hulusi Akar on Wednesday unveiled a centre in Istanbul to oversee the export of Ukrainian grains after a landmark U.N. deal last week, […] Read more
Turkey says Ukraine grain ships could avoid mines
Russia offers safe passage
Ankara/United Nations | Reuters — Russia on Wednesday said it has offered “safe passage” for Ukraine grain shipments from Black Sea ports but is not responsible for establishing the corridors […] Read more
Russian attack destroys warehouses of major Ukrainian port terminal, owner says
Kyiv | Reuters — Russian shelling destroyed the warehouses of one of Ukraine’s largest agricultural commodities terminals in the Black Sea port of Mykolaiv over the weekend, authorities and the […] Read more
Viterra to buy Marubeni’s U.S. grain firm Gavilon
Grain handler looking to expand reach in Americas through acquisitions
Grain firm Viterra’s plans to buy an expanded global reach are about to move forward with a 10-figure deal for the bulk of U.S. ag commodity firm Gavilon’s grain business. […] Read more
Baltic Dry Index hits 12-year high
Canadian grain exports slow either way
MarketsFarm — Strong demand to move cargo coupled with weather-related shipping constraints in a number of key corridors has helped take ocean freight rates to their highest levels in more […] Read more
ADM quarterly profit surges amid strong U.S. corn exports to China
Reuters – U.S. grain merchant Archer-Daniels-Midland Co on Tuesday reported quarterly profit leapt 52 percent due to strong exports and oilseed crushing margins. The bigger-than-expected earnings sent shares to a […] Read more
Baltic Dry Index at four-month lows
Declining demand seen from China
MarketsFarm — Ocean freight rates have fallen off of their highs of the past year over the course of the past month, but remain well above the lows hit in […] Read more