The Russian agricultural sector is experiencing tough times as sanctions and the country’s ever-growing isolation in the international arena exert serious pressure. Before Feb. 24, 2022, the agricultural sector was among the most developed segments of Russian industrial production, with annual growth rates of more than 10 percent. The start of the Russian-Ukrainian war put […] Read more
Tag Archives Ukraine war — page 3
Shipping faces rough seas
REUTERS — Recent hostilities in the Red Sea have alarmed global shippers of vital goods but it is not the only issue faced by big carriers as 2024 begins. Giants like Maersk say the industry, which handles 90 percent of global trade, faces the possibility of significant disruptions, from ongoing wars to droughts affecting key […] Read more
What is war fatigue?
In 2023, Ukraine will celebrate Christmas for the second time on Dec. 25, instead of Jan. 7, as it was before. Frankly speaking, my friends are divided into two camps — some will celebrate Christmas in a new way, others do not want to change anything. However, this is far from the biggest problem in […] Read more
Russian invasion takes toll on Ukrainian farmers
Ukraine’s farmers are “on the verge of bankruptcy,” says the country’s largest agricultural association. Crop production losses could reach US$3.2 billion, according to the pessimistic scenario of a financial forecast prepared by the Ukrainian Agri Council. Under the most optimistic scenario, where the country is once again able to fully use its Black Sea ports, […] Read more
Louis Dreyfus profits down as volatility eases
PARIS, France (Reuters) — Louis Dreyfus Company, one of the world’s largest crop merchants, said its first-half net profit and sales fell from a year earlier, when results were boosted by upheaval linked to the war in Ukraine. The company reported a group net profit of US$568 million for the first half of 2023, compared […] Read more
Rebuilding in the rubble
UKRAINE: Hryhoriy Tkachenko revives his farm after the occupation
One and a half years have passed since the invasion of Russian troops into Ukraine. The farm of Hryhoriy Tkachenko came under attack in the first days of the war. During the three weeks of occupation, the farm was so badly damaged that he still cannot restore everything. It was the near-total destruction of 20 […] Read more
Ukraine grain import ban not going away easily
European Union ends ban on shipments through neighbouring countries, but tensions rise as neighbours push back
BRUSSELS, Belgium — On Sept. 15, the European Commission, the executive arm of the European Union, decided not to extend a ban on Ukrainian grain imports — specifically wheat, corn, sunflower and rapeseed — that applied Ukraine’s neighbours; Poland, Hungary, Slovakia, Romania and Bulgaria. One day later, however, Poland, Hungary and Slovakia took matters into […] Read more
Crop prices could change little unless El Nino surprises
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
Displaced Ukrainians find jobs in agriculture
New Canadians from the Ukraine are often educated and eager to work but find it difficult to navigate language barriers
Many Ukrainian newcomers have arrived at Regina International Airport over the last year and half clutching onto bags packed with the only belongings they have left from their former homes. The Russian invasion carries on in Ukraine, while these select few, after having passed multiple health exams and other legal hurdles, have made it to […] Read more
Ukraine expects big canola crop
Ukraine is harvesting what analysts expect will be a record crop of canola. Svitlana Kupreeva, oilseed market analyst with UkrAgroConsult, said farmers planted record acreage of the crop and final yields should also set a new high. The firm is forecasting 4.2 million tonnes of production, shattering last year’s record of 3.5 million tonnes. Kupreeva […] Read more
