CNS Canada –– A tentative ceasefire in eastern Ukraine could lead to adjustments in the global grain markets, with softening wheat prices a possibility. Conflict in eastern Ukraine has been an underlying factor in grains and oilseeds markets over the past year, with the uncertainty of the situation providing both bearish and bullish incentives for […] Read more
Ukraine ceasefire may, or may not, weigh on wheat
Cargill likely to stay private, CEO says
Miami | Reuters — Cargill, one of the world’s largest privately held corporations and a top commodities trader, will likely remain private for at least another decade, its CEO said on Tuesday as he assessed challenges facing the 150-year old company. David MacLennan, who has led Cargill for the past 13 months, also revealed that […] Read more
U.S. grains: Soy falls as export interest shifts
Chicago | Reuters –– Chicago Board of Trade soybean futures dropped to their lowest in nearly three months on Tuesday as export demand for U.S. supplies weakened ahead of what are expected to be record harvests in Brazil and Argentina, traders said. Corn and wheat futures closed firm on a round of bargain buying following […] Read more
Ukraine says no grain export curbs planned
Kiev | Reuters — Ukraine has no plans to restrict grain exports after Russia introduced curbs to stabilize surging prices, and will instead meet with traders to plan the year ahead in “normal operating mode,” Agriculture Minister Oleksiy Pavlenko said Saturday. Last month, Moscow announced it would introduce grain export duties of at least 35 […] Read more
Ukraine appeals to WTO over Russian ban on fruit, vegetable imports
Kiev | Reuters –– Ukraine has complained to the World Trade Organization (WTO) about a decision by Russia to ban imports of fruit and vegetables from the country, the agriculture ministry said Thursday. The ban, which came into force Wednesday, was the latest trade barrier erected by Russia in a trade and sanctions war linked […] Read more