Lifting Black Sea Port Blockade Only Way to Prevent Food Shortage, Ukraine Says
Financial Times writer Max Seddon reported today that, "Ukraine has…
The “Race to Free Ukraine’s Stranded Grain” Persists, as Wheat Harvest Looms
Andrew Higgins and Erika Solomon reported in yesterday's New York Times that, "The Baltic Sea port has silos to store plenty of grain, railway lines to transport it there from…
Black Sea Port Export Talks “Show Progress”
William Mauldin, Jared Malsin and Evan Gershkovich reported in today's Wall Street Journal that, "An effort to ship grain stranded by the Russia-Ukraine war showed progress Wednesday, as a top Russian…
Black Sea Exports in Focus, While Global Potash Market Evolves
Reuters writer Michelle Nichols reported yesterday that, "A senior U.N. official had "constructive discussions" in Moscow with Russian First Deputy Prime Minister Andrei Belousov on facilitating Russian grain and fertilizer…
Scholz, Macron Urge Russia to Unblock Ukraine Grain- Turkey and Russia to Talk on June 8th, While Land Export Efforts Increase
Financial Times writers Polina Ivanova, Leila Abboud and Max Seddon reported late last week that, "European leaders have stepped up diplomatic efforts to loosen Russia’s hold on Ukraine’s grain supplies…
USDA Forecasts Record Farm Exports in FY 2022
On Thursday, 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).
Russia’s Blockade of Ukrainian Grain, “May Require U.S. Intervention, General Suggests”
Karoun Demirjian, Alex Horton and Stefano Pitrelli reported in today's Washington Post that, "The American general slated to become NATO’s next supreme allied commander warned Thursday that Russia’s blockade of…
Turkey in Negotiations With Moscow and Kyiv to Open Grain Export Corridor
Alistair MacDonald, William Mauldin and Ann M. Simmons reported in today's Wall Street Journal that, "Russia is open to easing its blockade of Ukraine’s ports along the Black Sea if sanctions…
Russia Chokes Off Ukraine’s Exports, Seen as “Deliberate Attack” on Global Food Chain, Black Sea Escorting Warships Considered
Shane Harris reported on the front page of today's Washington Post that, "Newly declassified U.S. intelligence shows that a Russian naval blockade has halted maritime trade at Ukrainian ports, in…
Kansas City Fed Examines Market Disruptions After Russian Invasion, While Ukraine Grain Production Could Rise, and Egypt Faces Wheat Strains
Bloomberg writer Yvonne Yue Li reported yesterday that, "Farmers are still making money despite the higher costs for fuel and fertilizer, as crop prices have risen even more."
May Grain Exports From Ukraine Could Reach 1.5 Million Tonnes
Reuters writer Pavel Polityuk reported on today that, "Ukraine’s grain exports could reach 1.5 million tonnes in May compared with around 1 million tonnes in April, Roman Slaston, Director General…
Ukrainian Spring Wheat Planting Nearly Finished, While Wheat Condition in France Worsens
Reuters writer Pavel Polityuk reported yesterday that, "Ukrainian farmers have almost completed the sowing of spring wheat for the 2022 harvest and the overall rate of this year's spring crop…
Russia Won’t Halt Black Sea Blockade; Indonesia Lifts Ban on Palm Oil Exports; and Diesel Prices Climb
Wall Street Journal writers William Mauldin and Vivian Salama reported in today's paper that, "Russia dismissed calls from top United Nations and Western officials to halt a Black Sea blockade that…
Elevated Fertilizer Prices Remain, as UN in Talks to Restore Ukrainian Grain Exports
Bloomberg writer Elizabeth Elkin reported yesterday that, "In more bad news for farmers, a fertilizer that’s key for corn production will remain expensive for at least two years."
ERS: US Wheat Price Projected at Record High, Major Exporters’ Ending Stocks Lowest Since 2012/13
In its monthly Wheat Outlook report on Monday, the USDA's Economic Research Service (ERS) stated that, "The U.S. season-average farm price (SAFP) for 2022/23 is projected to reach a record $10.75…
India Announces “Some Relaxation in Wheat Export Notification,” as U.N. Seeks to Ease Ukraine Grain Blockade
Reuters writers Rajendra Jadhav and Mayank Bhardwaj reported today that, "India will allow overseas wheat shipments awaiting customs clearance, the government said on Tuesday, introducing some relaxation in exports after…
Wheat Prices Climb After India Export Ban, as Details of the New Restrictions Assessed
Financial Times writers Hudson Lockett and Nic Fildes reported yesterday that, "Wheat prices rose by the maximum amount allowed on Monday after India imposed a ban on exports, stoking pressure…
Global Food Problems “Piling Up,” India Wheat Export Ban Adds to “Global Strains”
Bloomberg writer Pratik Parija reported today that, "India’s move to restrict wheat exports is set to reverberate through global agricultural markets, exposing just how tight global supplies are after the…
India Bans Wheat Exports
Bloomberg writer Pratik Parija reported today that, "India prohibited wheat exports that the world was counting on to alleviate supply constraints sparked by the war in Ukraine, saying that the…
USDA: Global Wheat Prospects Stymied by Weather and War, Prices Soar- Outlook for Lower Global Corn Production
In its monthly Grain: World Markets and Trade report yesterday, the USDA's Foreign Agricultural Service (FAS) indicated that, "Global [wheat] production is forecast at 775 million tons, down 4 million…