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

Ukraine grain storage shortage adds to farmers’ woes

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Zurich | Reuters — Ukraine has insufficient storage capacity even for its reduced 2022 grain harvest, the United Nations’ World Food Programme said Tuesday, with the country struggling to export existing stocks during the invasion by Russia. Jakob Kern, the World Food Programme’s emergency co-ordinator in Ukraine, cited estimates that 20 per cent of planted
File photo of a wheat field in northern Ukraine on July 14, 2016. (File photo: Reuters/Valentyn Ogirenko)
Crops

Ukraine could lack seed for years, French producers warn

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Paris | Reuters — Reduced production of crop seed in Ukraine due to war with Russia could affect the country’s grain production for several years, a French seed industry group said on Thursday. Ukraine, one of the world’s largest grain exporters, is widely expected to see its harvest shrink this year as Russia’s invasion disrupts
Sunflowers near the Ukrainian village of Grebeni on July 14, 2016. Expectations for a drastically reduced sunflower crop from Ukraine this year have led to contract highs in the European rapeseed market.
Grain Markets, Markets

Someday we’ll see it, the rainbow contraction

A bull market still needs to be fed every day

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Why are there so many songs about rainbows, and what’s on the other side? The best quote I heard while covering the agricultural markets over the week ended March 25 was from an analyst rephrasing the age-old saying of ‘What comes up, must come down.’ He noted grains and oilseeds will eventually ‘see both sides
(GZKele/iStock/Getty Images)
Crops

Ukraine sunseed area seen falling due to war

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Lviv | Reuters — The area sown to sunflower in Ukraine is likely to fall to 4.81 million hectares (11.89 million acres) in 2022 from 6.66 million hectares in 2021 due to hostilities in many regions, the agriculture ministry said on Friday. Ukraine is the world’s largest sunflower seed grower and sunflower oil exporter. The
Ukrainian Railways ready to boost grain exports by train
Grain Markets, News

Ukrainian Railways ready to boost grain exports by train

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Ukraine’s state-run railway operator is ready to organize agricultural exports by rail as a matter of urgency, after closure of the country’s Black Sea ports because of the military invasion by Russia. A major global agricultural producer and exporter, Ukraine has historically exported its grain, vegetable oils and other food products by ship. “This situation causes problems
Markets, News

Ukraine says it will issue grain export licences within 24 hours

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Ukraine, which has introduced export licensing for its main agricultural products, says licences should be issued within a day of being requested by exporters. The country, which is among the world’s leading producers and exporters of grain and vegetable oils, said March 6 it had introduced export licences for wheat, corn and sunflower oil, as
A sunflower crop north of St. Adolphe, Man. on Sept. 19, 2021. (Dave Bedard photo)
Crops

Sunflower market seeing broad strength

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MarketsFarm — Sunflower seed has found itself caught up with the general strength seen in most agricultural markets, with the Russian invasion of Ukraine adding another layer of uncertainty to the market as the two countries are both major world producers. “We believe sunflowers are a very attractive option going into 2022,” said Robert Deraas,
CBOT May 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets

U.S. grains: Corn limit up on Russia-Ukraine supply fears

Egypt cancels wheat tender amid market turbulence

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Chicago | Reuters — Chicago Board of Trade corn futures jumped by their daily limit on Monday, while wheat futures spiked after hitting 13-1/2-year highs on Friday on concerns that Russia’s attack against Ukraine will continue to disrupt grain shipments from the Black Sea region. Soy futures also rallied as the conflict limited vegetable oil

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