Threat of Violence in the Black Sea Expands
Financial Times writer Christopher Miller reported on Saturday that, "A Ukrainian naval drone has struck a Russian oil tanker in the Kerch Strait near Crimea, in the latest in a…
Ukrainian Drones Attack Russian Black Sea Grain Export Port of Novorossiysk, as U.S. Grain Export Inspections Fall in Second Quarter
Bloomberg writer Ben Sharples reported today that, "Wheat futures rose after the Novorossiysk port was closed to marine traffic by Russian authorities following a drone attack."
Amid Kremlin Grain Port Attacks, Farmers in Ukraine Cut Planting Area; as Midwest “Crop-Friendly” Weather Unfolds
Bloomberg writer Aine Quinn reported today that, "Major Ukrainian farm companies are curbing winter crop plantings after Russia blocked the main Black Sea export route, hitting world food supplies for…
Danube River Port of Izmail Attacked, “Raising Further Concerns over Global Food Supplies”
Financial Times writers Christopher Miller and William Langley reported today that, "Russia attacked targets across Ukraine with drones before sunrise on Wednesday, hitting a critical river port facility and a…
Russia Bombardment Against Ukrainian Grain Infrastructure Persists, as Romania Plans Transit Route Expansion
Marc Santora and Victoria Kim reported in Sunday's New York Times that, "Russian forces struck a grain terminal in the southern Ukrainian city of Kherson, Ukrainian officials said on Saturday,…
Russia Fires Missiles in Odesa Region From Black Sea Submarine, as NATO Steps Up Patrols
Reuters News reported today that, "Russian forces struck port infrastructure in Ukraine's Odesa region in an overnight missile attack, killing a security guard and damaging a cargo terminal, the region's…
EU “Could Provide Alternative Routes” for Ukrainian Grain- Expand “Solidarity Lanes”
Financial Times writers Andy Bounds and Ian Johnston reported yesterday that, "The EU could provide alternative routes for almost all of Ukraine’s grain exports following Russia’s decision to stop their…
Russia Strikes Infrastructure Along Danube, “an Alternative [Grain] Export Route”
Reuters writers Olena Harmash and Tom Balmforth reported on Monday that, "Russia destroyed Ukrainian grain warehouses on the Danube River and wounded seven people in a drone attack on Monday,…
Amid Black Sea Turmoil, Wheat Set for 9% Weekly Climb; as India Rice Export Issues Emerge
Bloomberg writers Jasmine Ng, Megan Durisin, and Aliaksandr Kudrytski reported today that, "Wheat edged lower but is still poised for a weekly gain of more than 9%, as military drills…
Wheat Soars as Russia Threatens Ships; Ports Hit For Third Straight Night
Bloomberg writers Megan Durisin, and Aliaksandr Kudrytski reported yesterday that, "Wheat and corn rallied to three-week highs as another wave of Russian attacks battered southern Ukraine following the collapse of…
Ukraine Ports Attacked For Second Consecutive Night, as U.S. Announces Ukrainian Agricultural Aid
New York Times writer Gabriela Sá Pessoa reported yesterday that, "The United States Agency for International Development announced a total of $750 million in new assistance to Ukraine on Monday…
Black Sea Grain Deal Abandoned – China Was “Biggest Recipient of Ukrainian Grain Under the Deal”
Financial Times writers Max Seddon, Henry Foy and Adam Samson reported yesterday that, "Russia has formally withdrawn from a UN-brokered deal to export Ukrainian grain across the Black Sea, potentially…
Black Sea Grain Deal Update- “Deal to Expire Monday”
New York Times writers Matthew Mpoke Bigg, Anatoly Kurmanaev and Vivek Shankar reported on Sunday that, "The United Nations on Sunday awaited a response from Russia on renewing a deal…
Black Sea Grain Deal in Focus
Bloomberg writers Baris Balci and Olesia Safronova reported on Saturday that, "Turkey wants the safe-transit deal for Ukrainian grain exports from Black Sea ports extended for three months instead of…
U.S. Secretary of State Antony J. Blinken Visits China Aiming to Stabilize Tensions
Washington Post writers John Hudson and Lily Kuo reported in Sunday's paper that, "Antony Blinken became the first U.S. secretary of state to visit China in five years as he…
Growing Price Gap in U.S. Corn Export Prices Could Further Limit U.S. Exports
In its monthly Feed Outlook report yesterday, the USDA's Economic Research Service (ERS) indicated that, "U.S. corn exports for 2022/23 are lowered to 1.725 billion bushels, down 50 million bushels…
China Will Feed More Wheat to Hogs; “El Nino Has Officially Returned,” and Ukraine “Counter-Offensive Gets Under Way”
Bloomberg writer Hallie Gu reported today that, "China will feed a lot more of its domestic wheat crop to hogs and poultry this year after heavy rains reduced the quality…
China Imported Record Amount of Soybeans in May; Ukraine Dam Explosion Ag Impacts Unfold
Reuters writer Dominique Patton reported yesterday that, "China imported a record 12.02 million tonnes of soybeans in May, up 24% on a year ago, Reuters calculations based on customs data…
U.S. Requests USMCA Dispute Settlement Consultations on Mexico’s Ag Biotech Measures
Kristina Peterson reported in Saturday's Wall Street Journal that, "The U.S. on Friday stepped up its efforts to get Mexico to ease its restrictions on genetically modified corn, after more…
U.S. Agricultural Exports in Fiscal Year 2023 Forecast Down, Lower Grain Exports Expected
On Wednesday, 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).