Chicago | Reuters — U.S. wheat futures fell nearly six per cent on Friday to their lowest level since February after Russia and Ukraine signed a landmark deal to reopen Ukrainian Black Sea ports for grain exports, traders said. Corn fell almost two per cent on the news but soybean futures closed higher, rebounding from […] Read more
Tag Archives russia — page 26
U.S. grains: Wheat falls six per cent on Ukraine grain export deal
CBOT corn sags, soy rallies
Ukraine, Russia sign deal to reopen grain export ports
Russia says it 'won't take advantage' of de-mining of ports
Istanbul/Kyiv | Reuters — Russia and Ukraine signed a landmark deal on Friday to reopen Ukrainian Black Sea ports for grain exports, raising hopes that an international food crisis aggravated by the Russian invasion can be eased. The accord crowned two months of talks brokered by the United Nations and Turkey, a NATO member that […] Read more
Deal to resume Ukraine Black Sea grain exports to be signed Friday
Istanbul/United Nations | Reuters — Ukraine, Russia, Turkey and U.N. Secretary-General Antonio Guterres will sign a deal on Friday to resume Ukraine’s Black Sea grain exports, Turkish President Tayyip Erdogan’s office said Thursday. Russia and Ukraine are both major global wheat suppliers, but Moscow’s Feb. 24 invasion of its neighbour has sent food prices soaring […] Read more
Ukraine grain storage crisis hits home as farmers harvest new crops
Outlook bleak if sea export route not reopened soon
Khreshchate, Ukraine | Reuters — Ukrainian farmer Mykola Tereshchenko hopes to start harvesting his wheat fields this week, but the smallholder in northern Ukraine has nowhere to store the grain. His silos are still crammed full with 1,100 tonnes of grain from last year’s harvest that he can’t export due to the closure of Ukraine’s […] Read more
As Ukraine grain deal emerges, U.S. aims to ease concerns over Russia sanctions
Washington | Reuters –– The United States on Thursday sought to facilitate Russian food and fertilizer exports by reassuring banks, shipping and insurance companies that such transactions would not breach Washington’s sanctions on Moscow over its invasion of Ukraine. Enabling those Russian exports is a key part of attempts by the United Nations and Turkish […] Read more
Ukraine grain exports deal to be signed next week, Turkey says
Istanbul/United Nations | Reuters –– Russia, Ukraine, Turkey and the United Nations are due to sign a deal next week aimed at resuming Ukraine’s Black Sea grain exports, but U.N. chief Antonio Guterres warned there was still “a long way to go” before there would be peace talks to end the war. Turkish defence minister […] Read more
Opinion: Grain dead end
Ukrainian farmers may soon be forced to make hard decisions about next season
Glacier FarmMedia – Two years ago, when the coronavirus pandemic swept the world, I didn’t worry about Ukrainian farmers at all. They calmly did their work, plowed the land, sowed and harvested. If in Ukrainian cities there was a difficult situation with COVID-19, the farmers almost did not notice it. A year earlier, Ukraine’s fields […] Read more
Poland says EU goal for Ukraine grain movement not feasible by July
Warsaw | Reuters – The European Union’s goal to move 20 million tons of grain out of Ukraine by the end of July is not feasible amid little progress in implementing EU and U.S. initiatives to ease logistics problems, the Polish agriculture minister said on Tuesday. Speaking to Reuters in an interview, Henryk Kowalczyk accused […] Read more
Opinion: Stepping ever closer to world hunger
While Ukraine can export a lot of grain, it’s not being allowed to do so
A month ago, a photo of a peasant household in one of the villages of northern Ukraine, liberated from Russian troops, was spread around social networks. It showed the occupiers had deliberately scattered grain over dirt so that it could not be used. I have already talked about the huge losses suffered by Ukrainian farmers […] Read more
U.S. grains: Wheat firms after Russia strikes Ukraine port
Chicago | Reuters – U.S. wheat futures firmed on Wednesday, rebounding from a sharp decline a day earlier as investors covered short positions following a Russian strike on a port in Ukraine that renewed fears about supply shortages, traders said. “Wheat was mostly higher today … after Russia unleashed a missile attack damaging at least […] Read more
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