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Tag Archives russia


File photo of barley being unloaded at a grain terminal in Ukraine on June 23, 2022. (Photo: Reuters/Igor Tkachenko)
Crops

Ukraine’s farm output could take 20 years to recover, study suggests

Some crop sectors may recover more quickly

By Reuters June 14, 2023
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

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

CBOT July 2023 soft red winter wheat with 20-day moving average (green line, right column) and MGEX and K.C. July 2023 wheats (yellow and orange lines, left column). (Barchart)
Crops, Markets

U.S. grains: Wheat futures snap winning streak

Corn weak, soybeans mixed

By Mark Weinraub June 7, 2023
Chicago | Reuters — U.S. wheat futures fell on Wednesday, with the most-active Chicago Board of Trade soft red winter wheat contract snapping a five-session rally that had pushed prices […] Read more

As Russia continues threatening to end the current grain deal — threats in of themselves being useful weapons for the regime — we ought to consider whether we’re ready to handle the market and political shocks if it does end.
Markets, News

Opinion: What happens when the grain deal fails?

Economic and political unrest abroad will affect Canadians

By Matt McIntosh June 7, 2023
Russia is using food as a weapon of war, one designed to compel Ukraine and its allies to cave to Russian demands for the open export of its own grain […] Read more

NYMEX August 2023 West Texas Intermediate crude oil, with August 2023 Brent crude oil (black line). (Barchart)
Crops, Machinery, Markets

Extent of Saudi oil production cut unclear

Reported tensions within OPEC limit price gains

By Glen Hallick June 6, 2023
MarketsFarm — At the OPEC+ meeting Sunday in Vienna, Saudi Arabia announced it will cut its oil production by one million barrels per day (BPD) come July. And while that […] 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

CBOT July 2023 soft red winter wheat with 20- and 50-day moving averages, 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, corn, soy fall on uncertain demand, weather

Sagging equities, crude oil also bearish on grains

By Julie Ingwersen May 31, 2023
Chicago | Reuters — U.S. wheat, corn and soybean futures tumbled on Tuesday, pressured by macroeconomic worries, strong competition for global grain export business and some forecasts for beneficial Midwest […] 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

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