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Tag Archives russia


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

File photo of a chickpea crop in India. (Nikhil Patil/iStock/Getty Images)
Crops, Markets

Firm Canadian chickpea market watching world production

Trade keeps eye on crops in Turkey, Russia, India

By Phil Franz-Warkentin May 19, 2023
MarketsFarm — Canadian farmers are in the early stages of planting the country’s next chickpea crop, with market conditions firm for the time being, ahead of new-crop harvests in other […] 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

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

Black Sea grain deal extended for two months

Agreement has helped to tackle global food crisis

By Huseyin Hayatsever, Michelle Nichols May 17, 2023
Ankara/United Nations | Reuters — The Ukraine Black Sea grain deal has been extended for two more months, one day before Russia could have quit the pact over obstacles to […] Read more


CBOT July 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soy, corn tumble on improving crop prospects, export competition

Chicago wheat futures follow downtrend

By Julie Ingwersen May 16, 2023
Chicago | Reuters — U.S. spot soybean futures fell 2.6 per cent on Tuesday to multi-month lows and corn futures slipped nearly two per cent, pressured by decent U.S. Midwest […] Read more

A vessel is seen arriving at Odesa in southern Ukraine under the Black Sea Grain Initiative on April 12, 2023. (Photo: Yulii Zozulia/Nurphoto via Reuters Connect)
Crops, Markets

Loss of Black Sea grain deal not seen as threat to global supplies, for now

Alternate routes exist but would be more expensive

By Sybille De La Hamaide May 16, 2023
Geneva | Reuters — The end of the Black Sea grain deal would not pose an immediate threat to the world market as Ukraine would still be able to export […] 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

U.N. efforts to save Black Sea grain deal to continue in coming days

Russia demands include restarting ammonia pipeline

By Michelle Nichols May 16, 2023
United Nations | Reuters — The U.N. aid chief said on Monday efforts will continue in coming days to extend a deal allowing the safe Black Sea export of Ukraine […] Read more


Nutrien’s head office building in Saskatoon. (Liam O’Connor photo)
Crops, Markets

Nutrien cuts earnings forecast after quarterly profit misses estimates

High fertilizer prices seen dragging on demand

By Reuters May 11, 2023
Reuters — Nutrien Ltd. on Wednesday cut its forecast for 2023 earnings as elevated fertilizer prices owed to Western sanctions on Russia and Belarus weigh on demand. U.S.-listed shares of […] Read more

A vessel is seen arriving at Odesa in southern Ukraine under the Black Sea Grain Initiative on April 12, 2023. (Photo: Yulii Zozulia/Nurphoto via Reuters Connect)
Crops, Markets

Black Sea grain deal could be extended two months, Turkish minister says

Inspections of outbound vessels have resumed

By Reuters May 11, 2023
Istanbul | Reuters — Turkish Foreign Minister Mevlut Cavusoglu said Wednesday he thought the Ukraine Black Sea grain deal could be extended for at least two more months, as officials […] Read more

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