Ninety-five percent of country’s crop is winter wheat and already planted, but it’s not clear if spring wheat can be seeded
Ukraine’s Maritime Administration has announced that the country’s ports will remain closed until the Russian invasion is over, putting a halt to old crop exports. That is stranding an estimated five million tonnes of old crop wheat that was destined for export, according to AHDB Cereals and Oilseeds. But what about looking further down the […] Read moreTag Archives Ukraine war — page 19
Life during wartime
How farmers survive in Ukraine as it resists Russian aggression
It is very difficult to explain what a person feels when they’re awakened at 5 a.m. when a rocket explodes near their house. That’s exactly what I experienced February 24. The first thing I did was fill my car with gasoline. Then we bought a lot of products we thought we might need – medicines […] Read more
Rallies pause as markets digest Russia supply shock
LONDON, March 9 (Reuters) – Commodity prices eased on Wednesday after rallies to multi-year highs as markets digested supply disruption from Russia and Ukraine, major producers of energy, metals and crops. Prices of commodities such as oil, wheat and grains have rocketed since Russia invaded Ukraine on Feb. 24, with sanctions causing many shippers to […] Read more
Russia’s proposed ban adds fuel to fertilizer price fire
Russia’s trade and industry ministry has recommended that the country’s fertilizer producers temporarily halt exports. That will have big ramifications for all major fertilizers, says an industry analyst. “It takes a world that was already rather tightly supplied and low on inventories and it just makes it that much worse,” said Josh Linville, fertilizer analyst […] Read more
Fate of Ukrainian wheat crop remains uncertain
Ukraine’s Maritime Administration has announced that the country’s ports will remain closed until the Russian invasion is over, putting a halt to old crop exports. That is stranding an estimated five million tonnes of old crop wheat that was destined for export, according to AHDB Cereals and Oilseeds. But what about looking further down the […] Read more
Wheat set to soar as war erupts
Russia’s invasion of Ukraine could drive up global wheat prices from 30 to 100 percent, according to a Rabobank analysis. War is likely to at least temporarily halt Ukraine’s wheat, barley and corn exports, which could cause a 30 percent hike in wheat prices and a 20 percent increase in corn, according to an analysis […] Read more
Russian invasion’s impact on ag markets still uncertain
The timing couldn’t have been better planned to vex months of painstaking work developing reasonable expectations for the world’s agricultural markets. Not that that’s what Russian ruler Vladimir Putin was thinking when he sent his military deep into Ukraine Feb. 23, hammering his weak neighbour, causing a European diplomatic crisis and sending the world’s markets […] Read more
