Humanitarian supplies are hauled in, with grain as the backhaul, but there are obstacles to be overcome
A Dutch trucker has started hauling grain out of Ukraine that was sold to a customer in the European Union but said customs checks at the Polish border are slow and difficult. Gerjan Wielink runs an agriculture trading and transport company at Dronten in The Netherlands. Just after the Russians invaded Ukraine, he decided to […] Read moreTag Archives Ukraine war — page 13
Grain storage crisis
Ukraine’s minister of agrarian policy and food said his country needs temporary grain storage from Canada to help store this year’s crop and prevent a large-scale supply crisis. But ending the war is the main priority, said Mykola Solskyi. He appeared by video at the House of Commons agriculture committee June 9, where he said […] Read more
War in Ukraine can provide risk management lessons
Ukraine’s valiant defenders are creating lots of risk management metaphors for us to ponder. Scorched Russian tanks with their turrets blown off could represent a lot of things. How about: The vulnerability of the fearsome-looking to light, mobile, well-co-ordinated adversaries. The foolishness of relying upon old technology to face new challenges. The nightmare of being […] Read more
Ukrainian wheat exports could change game
Wheat analysts might want to keep their erasers handy because there could be huge changes coming to the global balance sheet. Diplomatic efforts to unblock Ukraine’s ports and open a humanitarian corridor for grain exports could have a tremendous impact on global trade of the commodity. “This is very significant for wheat supply and demand,” […] Read more
UK seeks investigation into alleged Ukraine grain theft by Russia
LONDON, June 7 (Reuters) – Britain’s farming minister called on Tuesday for an immediate investigation into allegations that Russia had been stealing grain from Ukraine, following Moscow’s invasion which has driven up world food prices to record levels. Black Sea ports in Ukraine, the world’s fourth-largest grains exporter, have been blocked since the invasion, with […] Read more
St. Lawrence Seaway shipping off to good start
Potash shipments have nearly doubled and shippers say they are prepared to pick up global slack caused by Ukraine war
Canadian Great Lakes ports saw a 26 percent decrease in prairie grain shipments through the St. Lawrence Seaway coming into this spring but as the war in Ukraine rages on and other coastal ports remain jammed, the seaway route is ready to pick up the slack. Potash shipments have nearly doubled, with April alone seeing […] Read more
Potash mine plans fast-tracked
The war in Ukraine is causing BHP to accelerate construction timelines on its Jansen potash mine project in Saskatchewan. The Australian mining company originally planned to complete construction on stage one of the project in 2026 and start producing 4.35 million tonnes of potash annually in early 2027. It now hopes to move those dates […] Read more
Australia set for 3rd year of bumper wheat harvests, easing world supply woes
SINGAPORE, June 2 (Reuters) – Australia is poised for a third year of near-record wheat production in 2022 as good weather boosts planting across its grain belt, easing concerns over tight global inventories. World wheat supplies have tightened after Russia’s invasion of Ukraine earlier this year cut off shipments from one of the top exporting […] Read more
U.S. to spend $2.1 billion to strengthen food system
WASHINGTON, June 1 (Reuters) – The Biden administration will announce on Wednesday more than USD$2.1 billion in funding to shore up weaknesses in the country’s food supply system exposed during the COVID-19 pandemic and the aftermath of the Russian invasion of Ukraine. U.S. Agriculture Secretary Tom Vilsack will unveil the new funding, designed to enhance […] Read more
Sask. potash mine plans fast-tracked
The war in Ukraine is causing BHP to accelerate construction timelines on its Jansen potash mine project in Saskatchewan. The Australian mining company originally planned to complete construction on stage one of the project in 2026 and start producing 4.35 million tonnes of potash annually in early 2027. It now hopes to move those dates […] Read more
