russia Archives | Page 6 of 58

From Black Sea to US Midwest, extreme weather threatens crop output

Hot, dry weather forecast for Russia, Ukraine in coming months; relief seen for China's corn, soybean crops hit by heatwave

By Naveen Thukral, Reuters June 24, 2024

Forecast dryness in the Black Sea region's breadbasket is likely to stunt sunflower and corn yields, while heavy rain in the United States after near-record temperatures threaten to take a toll on crops, hitting world supplies and pushing prices higher.

News

Rival pork exporters could benefit from China-EU trade tensions

By Naveen Thukral, Reuters June 17, 2024

Pork suppliers from South America and the U.S. could gain market share in China if Beijing restricts imports from the European Union in response to escalating trade tensions, traders and analysts said.

Crops, Markets

USDA cuts Russian wheat crop estimate after damaging frosts

By Tom Polansek June 12, 2024

Chicago | Reuters – The U.S. Department of Agriculture cut its forecasts for Russian wheat production and exports on Wednesday, after Moscow declared federal emergencies over crop losses due to unfavourable weather. […] Read more

Photo: IanChrisGraham/iStock/Getty Images

Markets, News

Russia declares federal state of emergency in 10 agricultural regions

By Reuters June 7, 2024

Russia said on Friday it was declaring a federal emergency in 10 regions because of damage to crops resulting from frosts in May.

File photo of wheat being loaded onto a bulk vessel at port in Russia. (YGrek/iStock/Getty Images)

Markets, News

Crop woes may lead Russia to narrow grain exports

Russian government says it may declare a nationwide emergency as frost, drought affects crop

By Olga Popova, Reuters June 6, 2024

Russia may narrow the spread of its grain exports in the new season due to crop problems, keeping supplies to its traditional markets, VTB board member Vitaly Sergeуchuk said.

Markets

EU sets prohibitive tariffs on Russian, Belarusian grain from July

By Reuters May 30, 2024

Today European Union trade ministers agreed to impose prohibitive tariffs on cereals, oilseeds and derived products from Russia and Belarus from July 1, a move the bloc said would halt imports of these products.

Markets

Prairie Wheat Weekly: Spring wheat bids on the rise

By Adam Peleshaty - Marketsfarm May 17, 2024

Bids for Canadian Western Red Spring (CWRS) and Canadian Prairie Red Spring (CPRS) wheat varieties were higher for the week ended May 16. The price rises were mainly due to stronger United States wheat futures and weather concerns at home and abroad.

CF Industries is one of the world’s biggest nitrogen fertilizer producers and competes against Russian imports. Photo: Thinkstock

News

U.S. fertilizer imports helping fund Russian war effort, CF Industries says

By Richa Naidu, Rod Nickel May 3, 2024

Reuters – U.S. agriculture companies have been brisk importers of Russian fertilizer since the 2022 Ukraine invasion, a practice that is unwittingly helping fund Russia’s war against Ukraine, U.S. producer […] Read more

File photo of barley being loaded off the combine. (Collab Media/iStock/Getty Images)

EU plans to hit Russia, Belarus grain imports with tariffs

Commission aims to curb Russian income, prevent market distortions, placate farmers

By Philip Blenkinsop, Reuters March 22, 2024

The European Commission proposed on Friday imposing tariffs on imports of grain from Russia and Belarus in an attempt to prevent Moscow and its ally from distorting EU markets and placate farmers who have protested for months over cheap imports.

Louis Dreyfus’ oilseed processing plant at Yorkton, Sask. (LDC.com)

Louis Dreyfus withstands commodity price drop to post stable profits

While less chaotic than 2022, war and weather continued to disrupt supply last year

March 21, 2024

Louis Dreyfus Company's (LDC) profits last year held close to the bumper levels of 2022, with the agricultural commodity giant saying its global trading network helped it withstand falling prices.