We are into harvest in North America and so it is not unusual for crop prices to weaken as deliveries from the combine increase. The question is: are these the seasonal lows and will prices firm into autumn, or could prices fall? There are no issues I see that will force changes to the current […] Read more
Tag Archives Black Sea grain corridor
Ukraine claims ship holds stolen grain
BEIRUT, Lebanon (Reuters) — Ukrainian officials asked Lebanon on Aug. 24 to bar a Syrian state-owned cargo ship carrying allegedly stolen Ukrainian grain from docking in Lebanon’s Tripoli port, according to the Ukrainian embassy. The Ukrainian mission said in comments to Reuters that the Finikia was transporting 6,000 tonnes of corn, which it considered stolen, […] Read more
Wheat jumps as Russia withdraws from Black Sea grains deal
HAMBURG, Germany (Reuters) — Chicago wheat futures rose on Monday after Russia said it was withdrawing from the agreement for a wartime safe shipping channel for Ukraine’s grain exports. Corn and soybeans gained, following last week’s strength, with support from concerns over dry weather in the U.S. Midwest. Chicago Board of Trade’s most active wheat, […] Read more
Russian wheat exports set torrid pace
Country could be the world’s largest exporter in 2022-23, topping the EU’s 34.5 million tonnes and Australia’s 31 million
Sergiy Kyslytsya, Ukraine's permanent representative to the United Nations, recently told a meeting of the UN Security Council that Russia is blackmailing the world by disrupting the Black Sea Grain Initiative and pretending to suffer from its existence, while in fact its grain exports are soaring.
Russian wheat exports set torrid pace this year
Sergiy Kyslytsya, Ukraine's permanent representative to the United Nations, recently told a meeting of the UN Security Council that Russia is blackmailing the world by disrupting the Black Sea Grain Initiative and pretending to suffer from its existence, while in fact its grain exports are soaring.
Corridor for Ukrainian grain remains uncertain
Russia has been slowing the pace of Ukrainian grain exports allowed under an agreement that expires later this month
Ukraine’s spring seeding is underway and the pace of corn and barley planting is below previous years because of persistent rains, the loss of some territory to Russia and the lingering uncertainty over exports.
Ukrainian grain corridor remains uncertain
The biggest factor affecting grain markets today is the uncertainty surrounding Ukraine’s grain corridor, says an analyst. The United Nations-brokered Black Sea Grain Initiative expires May 18 and there are mounting concerns it may not be renewed. Even under the current agreement, the corridor is not being used to its full capabilities, because of Russia […] Read more
Canadian farmers expected to plant most wheat since 2001
Spring wheat plantings, the biggest portion of Canada's all-wheat production, are seen reaching 19.4 million acres, also the most since 2001 and up 7.5 percent from last year, the report showed.
