Cargo ships are docked in Ukraine’s Black Sea port of Odesa on Nov. 4, 2016. (File photo: Reuters/Valentyn Ogirenko)

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



File photo of a bulk port facility in Ukraine. (Olivia Sabeskaya/iStock/Getty Images)

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 and Turkey suggested that ships could be guided around sea mines. Ukrainian grain shipments have stalled since Russia’s invasion and ports blockade, stoking global prices […] Read more

File photo of Black Sea port facilities at Odesa, Ukraine. (Leskas/iStock/Getty Images)

U.N. aid chief in Moscow to discuss Ukraine grain exports

Russia says will guarantee grain vessels' safety

Reuters — U.N. aid chief Martin Griffiths is in Moscow on Thursday and Friday to discuss clearing the way for exports of grain and other food from Ukraine’s Black Sea ports, a U.N. spokesperson said. Griffiths will meet Russian officials days after another senior U.N. official, Rebecca Grynspan, had “constructive” talks in Moscow with Russian […] Read more


File photo of barley being loaded for export at the Black Sea port of Mykolaiv, Ukraine on July 9, 2013. (Photo: Reuters/Vincent Mundy)

U.N. had ‘constructive’ talks in Moscow on Russian grain, fertilizer exports

U.S. could offer 'comfort letters' to shippers, insurers

United Nations | Reuters — A senior U.N. official had “constructive discussions” in Moscow with Russian First Deputy Prime Minister Andrei Belousov on facilitating Russian grain and fertilizer exports to global markets, U.N. spokesman Stephane Dujarric said on Tuesday. The U.N. official, Rebecca Grynspan, is now in Washington for talks on the same issue “with […] Read more

CBOT July 2022 wheat (candlesticks) with MGEX July 2022 spring wheat (yellow line) and K.C. July 2022 hard red wheat (orange line). (Barchart)

U.S. grains: Wheat extends fall, soybeans firm

Corn books third week down

Chicago | Reuters — Chicago wheat fell for a third straight session on Friday, retreating further from a two-month high hit earlier this week as technical selling pressured the market, traders said. Corn also eased, as accelerated U.S. planting and news that Argentina may expand an export volume cap weighed. Soybeans gained on strong export […] Read more

U.S. Secretary of State Antony Blinken listens to U.N. Secretary-General Antonio Guterres during a “Global Food Security Call to Action” meeting of foreign ministers at U.N. headquarters in New York on May 18, 2022. (Photo: Reuters/Eduardo Munoz)

U.N. chief in talks on restoring Ukraine grain exports

Contact made amid global food crisis

United Nations | Reuters — U.N. Secretary-General Antonio Guterres said on Wednesday that he is in “intense contact” with Russia, Ukraine, Turkey, the United States and the European Union in an effort to restore Ukrainian grain export as a global food crisis worsens. “I am hopeful, but there is still a way to go,” said […] Read more


CBOT July 2022 soft red winter wheat (candlesticks) with 20-day moving average (green line), MGEX July 2022 spring wheat (yellow line) and K.C. July 2022 hard red winter wheat (orange line). (Barchart)

U.S. grains: Wheat futures slide on Russian crop exports, U.N. grain talks

Soybeans, corn also pull back on wheat pressure, profit-taking

Chicago | Reuters — U.S. wheat futures fell sharply on Wednesday following a report about United Nations efforts to restore Ukraine grain shipments and as forecasts of ample Russian supplies added to the impact on sentiment of expectations high prices will curb demand. Corn and soybean futures also slid as falling wheat prices led profit-taking, […] Read more

The United Nations’ General Assembly Hall in Manhattan. (BWZenith/iStock/Getty Images)

Food, farming, forestry must be transformed to curb global warming, UN says

Earlier draft of panel report called for reduced intake of meat

Reuters — Protecting forests, changing diets, and altering farming methods could contribute around a quarter of the greenhouse gas cuts needed to avert the worst impacts of climate change, according to the United Nations’ climate panel. But the changes are unlikely to happen unless governments act to spur them along, the report from the Intergovernmental […] Read more