Kremlin Expected to Extend Black Sea Export Deal
Bloomberg News reported today that, "Russia is expected to agree to extend a United Nations-brokered deal allowing exports of Ukrainian grain and other farm products from the Black Sea, ensuring…
Insurers Resume Black Sea Grain Cargo Coverage After Russia Rejoins Accord, While Mississippi River Woes in Focus
Ivan Nechepurenko and Matthew Mpoke Bigg reported in today's New York Times that, "Russia on Wednesday rejoined an agreement allowing the shipment of Ukrainian grain through the Black Sea, one…
Russia to Rejoin Black Sea Export Deal, as Mississippi River Water Level Concerns Persist
Financial Times writers Ayla Jean Yackley and Max Seddon reported today that, "Grain shipments from Ukraine will resume on Wednesday after Russia agreed to rejoin a UN-backed initiative to allow their…
Russia Threatens Ships Sailing Ukraine’s Grain Export Corridor, Calls Movement “Unacceptable”
Jared Malsin and Alistair MacDonald reported in today's Wall Street Journal that, "Russia threatened to stop vessels carrying grain from Ukraine, two days after Moscow said it would abandon an agreement…
Ukraine, Turkey and UN Agree on Movement Plan for 16 Vessels from Ukrainian Port- Wheat, Corn Futures Rise
Bloomberg writers Selcan Hacaoglu, Agnieszka de Sousa, and Daryna Krasnolutska reported yesterday that, "Turkey, the UN and others looked for ways to salvage the Ukrainian grain export initiative after Moscow…
Russia Suspends Participation in Black Sea Export Deal
Financial Times writers Polina Ivanova, Christopher Miller and Emiko Terazono reported yesterday that, "Moscow has suspended its participation in a UN-backed deal with Kyiv that unblocked the movement of Ukrainian…
“Mixed Rhetoric” Surrounds Renewal of Black Sea Grain Deal
Dow Jones writer Will Horner reported yesterday that, "The future of the Black Sea grains deal is shaping up to be agricultural markets' key concern this week, while weather for South…
218 Ships Have Left Ukraine Under Black Sea Export Deal, While U.S. Thanksgiving Turkey Prices in Focus
Reuters writer Pavel Polityuk reported late last week that, "A total of 211 ships with 4.7 million tonnes of agricultural products on board have left Ukraine so far under a…
China Food Security Goals Prompt Effort to Cut Soy Use in Livestock Rations, as Argentina Farmers May Plant More Soybeans
Bloomberg News reported yesterday that, "China is redoubling its efforts to bolster food security by trying to cut the amount of soybeans that get turned into animal feed."
Russia Invasion Impacting Ukraine’s Crop Storage Capacity, While Black Sea Export Deal in Focus
Late last week, Bloomberg writer Courtney McBride reported that, "Russia has destroyed, damaged or seized control of 14% of Ukraine’s crop storage capacity since invading in February, jeopardizing the global…
India Restricts Rice Exports- Stoking Food Inflation Fears, as France, Romania Help Increase Ukrainian Grain Exports
Financial Times writers John Reed and Jyotsna Singh reported late last week that, "India imposed controls on exports of several varieties of rice on Friday, in a move likely to…
Putin Criticises Black Sea Export Deal, While Drought Takes “Hefty Toll” on U.S. Production
Financial Times writers Polina Ivanova, Roman Olearchyk, Henry Foy, and David Sheppard yesterday that, "Vladimir Putin has criticised a grain deal signed with Ukraine that unblocked agricultural products trapped in…
Russia Questions Black Sea Export Deal- Implying West Not Fulfilling Obligations to Facilitate Moscow’s Exports
Reuters writer Michelle Nichols reported yesterday that, "Russia on Tuesday questioned a U.N.-brokered deal with Ukraine to boost grain and fertilizer exports by both countries, accusing Western states of failing…
Thirteen Ships Sail From Ukraine, Biggest Grain Convoy Yet, While Australia Wheat Production Climbs
Reuters writer Aleksandar Vasovic reported earlier this week that, "Ukraine said it had dispatched its biggest convoy of grain vessels under a U.N.-brokered deal so far after 13 ships set…
U.S. FY 2023 Ag Exports Forecast Slightly Lower From Record Breaking FY 2022
On Tuesday, the USDA released its Outlook for U.S. Agricultural Trade, a quarterly report from the Department’s Foreign Agricultural Service (FAS) and Economic Research Service (ERS). Today’s update includes highlights…
Over One Million Tons of Grain Exported by Ukraine Under Black Sea Agreement, But Global Grain Stock Rebuilding a Concern
Wall Street Journal writers Isabel Coles and Jared Malsin reported on Saturday that, "Exports of grain from Ukraine’s southern ports have surpassed one million metric tons under a United Nations-brokered deal…
Thirty-Three Grain Cargo Ships Have Left Ukraine, While Dry Weather Weighs on U.S., China and European Production Prospects
Reuters writers Pavel Polityuk and Jonathan Spicer reported today that, "A total of 33 cargo ships carrying around 719,549 tonnes of foodstuffs have left Ukraine under a deal brokered by…
Black Sea Export Deal Easing Ukrainian Grain Flows, Bringing Down Prices, as Ukraine’s Wheat Harvest 91% Complete
Bloomberg writers Elizabeth Elkin and Megan Durisin reported yesterday that, "Ukrainian grain flows are pushing down global prices as the newly opened crop-export corridor shows initial success."
U.S. to Contribute $68 Million to World Food Program to Buy Ukrainian Wheat
William Mauldin and Jared Malsin reported in today's Wall Street Journal that, "The U.S. Agency for International Development is spending more than $68 million to purchase and ship Ukrainian grain…
Black Sea Export Deal Shows Early Progress, But Risks Remain
Jared Malsin reported in today's Wall Street Journal that, "An international agreement to restore Ukraine’s Black Sea grain exports is showing early progress, with 18 ships moving to and from…