Lviv | Reuters — U.N. Secretary-General Antonio Guterres urged Russia and Ukraine on Thursday to show a “spirit of compromise” to ensure the continued success of a U.N. brokered deal that enabled Ukraine to resume grain exports from its Black Sea ports. Guterres said after talks in the western Ukrainian city of Lviv that 21 […] Read more
U.N. chief seeks ‘spirit of compromise’ over Ukraine grain initiative
Deal sees 21 outbound ships so far
U.S. grains: Corn, soybeans steady
U.S. Midwest rain, Ukraine sea exports add pressure
Chicago | Reuters — Chicago soybeans inched higher on Wednesday, bouncing from two days of declines, though the recovery was limited by rain improving weather forecasts in the U.S. Midwest. Wheat prices fell, pressured by increased export activity from Ukraine, while corn traded near even. The most-active soybean contract on the Chicago Board of Trade […] Read more
Pulse weekly outlook: Chickpea harvest approaches amid low worldwide supplies
MarketsFarm — The harvest for Western Canada’s chickpea crop is about to begin and it comes at a time when worldwide supplies of the pulse are at a low point. Colin Young, manager of Mid-West Grain Ltd. at Moose Jaw, Sask., said there are varying chickpea yields in the western Prairie region, where most of […] Read more
Russia to ban some imports of seeds from Canada, Europe
Canada's Prograin soybean seed on list
Moscow | Reuters — Russia will ban imports of some seeds from several locations in Europe and Canada from Aug. 15, its agriculture safety watchdog said on Thursday, citing non-compliance by suppliers with phytosanitary requirements as the reason. Imports of tomato and carrot seeds will be banned from a nursery of Satimex Quedlinburg, in Germany, […] Read more
Russia, Ukraine agree to protect Ukraine grain shipping channel
London/New York | Reuters — Ships exporting Ukraine grain through the Black Sea will be protected by a 10-nautical mile buffer zone, according to long-awaited procedures agreed by Russia, Ukraine, Turkey and the United Nations on Monday and seen by Reuters. The United Nations and Turkey brokered a deal last month after Russia’s Feb. 24 […] Read more
Ukraine seeks to extend shipping safe passage deal beyond grain
Istanbul/Kyiv | Reuters – Three grain ships left Ukrainian ports on Friday while the first inbound cargo vessel since Russia’s invasion was due in Ukraine to load, as Kyiv called for the safe passage deal to be extended to other cargoes such as metals. The July 22 deal marked a rare diplomatic breakthrough as war […] Read more
‘Glimmer of hope’ as Ukraine grain ship leaves Odesa port
Kyiv | Reuters – The first ship to carry Ukrainian grain through the Black Sea since Russia invaded Ukraine five months ago left the port of Odesa for Lebanon on Monday under a safe passage deal described as a glimmer of hope in a worsening global food crisis. The sailing was made possible after Turkey and the […] Read more
Mosaic sees fertilizer demand supported by tight crop supplies into 2023
Reuters – Mosaic Co MOS.N said on Monday it expects tight grain and oilseed markets into 2023, encouraging the continued use of fertilizers despite their surging costs. “The war in Ukraine, high temperatures in North America and Europe, and developing drought conditions in parts of South America highlight the risk for reduced yields globally,” Mosaic said. […] Read more
Russian strikes kill Ukrainian grain tycoon; drone hits Russian naval base
Kyiv | Reuters – Russian missiles pounded the southern Ukrainian port city of Mykolaiv on Sunday, killing the owner of a major grain exporter, while a drone strike on Russia’s Black Sea naval base in Sevastopol was launched from within the city in a “terrorist attack,” a Russian lawmaker said. Oleksiy Vadatursky, founder and owner […] Read more
Ukraine grain export coordination centre opens in Istanbul
Istanbul | Reuters – Turkish Defence Minister Hulusi Akar on Wednesday unveiled a centre in Istanbul to oversee the export of Ukrainian grains after a landmark U.N. deal last week, with the first shipment expected to depart from Black Sea ports within days. Russia and Ukraine signed the deal, brokered by Ankara and the United […] Read more
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