Warsaw | Reuters — Poland agreed on Tuesday to lift a ban on the transit of Ukrainian grain and food products, but Ukraine said a wartime deal allowing it to safely ship grain from Black Sea ports was still under threat. Failure to resume exports into eastern European countries or secure an extension of the […] Read more
Ukraine agrees with Poland on resumed grain transit
Ukraine also trying to salvage Black Sea grain deal
Bans on Ukrainian grain imports mount as Kyiv seeks transit deal
Poland, Hungary ban imports; Slovakia follows
Kyiv/Rava-Ruska, Ukraine | Reuters — Slovakia on Monday joined Poland and Hungary in banning grain imports from Ukraine as even Kyiv’s staunchest allies come under domestic pressure to shield their agriculture markets. The heat is mounting on Brussels to work out a European Union wide solution after Warsaw and Budapest announced bans on some imports […] Read more
Outlook for Black Sea grain deal ‘not so great,’ Kremlin says
Grain deal due to expire next month; Russia wants financial, insurance obstacles removed
Moscow | Reuters — The Kremlin on Wednesday said the outlook for the landmark U.N.-brokered Black Sea grain deal was not great as promises to remove obstacles to Russian exports of agricultural and fertilizer exports had not been fulfilled. The grain deal is an attempt to ease a food crisis that predated the Russian invasion […] Read more
Russia says sanctions a barrier to Black Sea grain deal renewal
Reuters — Russia said Monday it would be “inappropriate” to extend the Black Sea grain deal unless sanctions affecting its agricultural exports are lifted and other issues are resolved. The Black Sea Grain Initiative, signed by Russia and Ukraine last July, created a safe corridor to allow grain to be exported from Ukrainian ports blockaded […] Read more
Grain movement stats are a window into the market
Weekly numbers from the grain commission give near real-time data on deliveries and exports
Reading Time: 2 minutes Keep an eye on the weekly numbers for producer deliveries and grain exports, says a provincial crops market analyst. “Weekly updates from the Canadian Grain Commission provide useful crop market movement and demand information,” said Neil Blue. The grain commission data covers grain and oilseeds moved in bulk (it doesn’t include container shipments) and it […] Read more
U.S. railroads, union extend strike deadline until at least Dec. 4
Teamsters warn against 'blatant attempt to cause panic'
Washington | Reuters — A group representing major railroads and a union that voted to reject a new contract said Wednesday they had agreed to extend a potential strike deadline until at least Dec. 4. The National Carriers’ Conference Committee (NCCC) and the International Brotherhood of Teamsters (BMWED) that represents 11,000 workers extended the current […] Read more
Thunder Bay grain shipments up in October
MarketsFarm — The Port of Thunder Bay saw an increase in its grain handle in October 2022, moving 840,000 tonnes during the month. The grain exports were up by 33 per cent from September and up by eight per cent from October 2021, according to a news release. The increase was seen as a return […] Read more
China top destination for Canadian wheat through two months
MarketsFarm – China was the main destination for Canadian wheat through the first two months of the 2022/23 (Aug/Jul) marketing year, according to the latest trade data from Statistics Canada. Canada exported 534,000 tonnes of wheat to China in August and September, accounting for about 20 per cent of Canada’s total wheat exports-to-date. Japan, Bangladesh […] Read more
Canada’s exports rise in September as wheat volumes rebound
Ottawa | Reuters – Canada’s exports rose in September, largely driven by better wheat volumes and prices, while imports were also up, with both import and export values impacted by the depreciation of the Canadian dollar, Statistics Canada said on Thursday. The country’s trade surplus with the world widened to C$1.14 billion ($827.4 million) in […] Read more
U.N.’s Black Sea grain deal continues without Russia
London | Reuters – Grain was flowing out of Ukraine at a record pace on Monday under an initiative led by the United Nations aimed at easing global food shortages despite Russia’s decision to suspend its participation in the scheme. Russia said on Saturday it was pulling out of the deal, which ensured safe passage […] Read more
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