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File photo of a bulk port facility in Ukraine. (Olivia Sabeskaya/iStock/Getty Images)
Crops, Markets

Turkey says Ukraine grain ships could avoid mines

Russia offers safe passage

By
Ankara/United Nations | Reuters — Russia on Wednesday said it has offered “safe passage” for Ukraine grain shipments from Black Sea ports but is not responsible for establishing the corridors and Turkey suggested that ships could be guided around sea mines. Ukrainian grain shipments have stalled since Russia’s invasion and ports blockade, stoking global prices
(Dave Bedard photo)
Crops

Cargill plans to close U.K. rapeseed crush plant

Fewer U.K. farmers growing crop

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London | Reuters — Cargill plans to close its rapeseed crush facility in Hull, eastern England, the global commodities trader said Tuesday. The mill, which Cargill has been operating since 1985, has the capacity to crush 750 tonnes of seed a day to produce 420 tonnes of rapeseed meal and 323 tonnes of crude rapeseed
File photo of Ukraine’s Agriculture Minister Mykola Solskyi at a “Global Food Security Call to Action” meeting of foreign ministers at United Nations headquarters in New York, on May 18, 2022. (Photo: Reuters/Eduardo Munoz)
Crops, Markets

Russia’s war may deprive world of three Ukrainian wheat harvests, minister says

'Significant' decline expected in winter wheat acres

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Kyiv | Reuters — Russia’s invasion of Ukraine will create a global wheat shortage for at least three seasons by keeping much of the Ukrainian crop from markets, pushing prices to record levels, Ukraine’s agriculture minister told Reuters. Ukraine, sometimes known as Europe’s breadbasket, has had its maritime grain export routes blocked by Russia and
File photo of Black Sea port facilities at Odesa, Ukraine. (Leskas/iStock/Getty Images)
Crops, Markets

Biden touts grain silos on Ukraine border to help exports

Kyiv wants ports open

By
Reuters — U.S. President Joe Biden said Tuesday that temporary silos would be built along the border with Ukraine in a bid to help export more grain and address a growing global food crisis. Since the Russian invasion and blockade of Ukrainian Black Sea ports, grain shipments have stalled and more than 20 million tonnes
Seeding progression in 2022 compared to previous years.
Crop Report, Crops, News

Manitoba seeding 87 per cent complete, recent rains halt progress

Manitoba Crop Report: Issue 6, June 14, 2022

By
Overview A concentrated push to finish seeding this past week led to a sharp increase in planted acres, with many farms in the Eastern, Central, and Southwest regions finished seeding, while parts of the Interlake and eastern side of the Northwest region remain unplanted. Some reseeding of canola has occurred after crusting events and severe
CBOT July 2022 soybeans (candlesticks) with 20- and 50-day moving averages (yellow and dark green lines). (Barchart)
Crops, Markets

U.S. grains: Soybeans hit one-week low as financial markets drop

CBOT corn, wheat ease amid inflationary worries

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Chicago | Reuters — U.S. soybean futures hit a one-week low on Tuesday and grains declined amid pressure from weak financial markets and concerns about inflation, analysts said. A second straight day of losses in equities and jitters about the economy helped drag down soy futures, after prices for the oilseed neared a record high
The end of the Indonesian palm oil ban is an important first step to return the situation to normal.
Comment, Op/Ed

Comment: Politics fuelled palm oil export ban

The impact of Indonesia’s move, designed to quell domestic unrest, reverberated across the globe

By
Amid an ongoing global food price crisis, vegetable oils are registering record-breaking highs. According to data compiled by the Food and Agriculture Organization of the United Nations, the price for edible oils rose to almost 250 per cent of standard price levels. Over the past two years, labour restrictions, climate change and violent conflict have
CBOT July 2022 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Soybean, corn futures slide in broad sell-off

Early heatwave in Western Europe could stress wheat

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Chicago | Reuters — U.S. soybean and corn futures fell on Monday as broad-based selling and pressure from losses in other markets overshadowed concerns about unfavourable crop weather, analysts said. Global stocks and government bonds plunged and the dollar hit two-decade highs as red-hot U.S. inflation stoked worries about even more aggressive policy tightening. At
CBOT July 2022 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Soybeans down off Thursday’s near-record high

Corn futures edge up, K.C. wheat jumps

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Chicago | Reuters — Chicago Board of Trade soybean futures ended weaker on Friday on profit-taking, after rallying close to an all-time high on strong U.S. export demand and supply concerns. Supply uncertainty remained, as the U.S. Department of Agriculture cut its estimates for 2021-22 domestic ending stocks by about 13 per cent to 205

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