Russia, the world’s largest wheat exporter, may abolish its grain export quota that it usually sets in the second half of the July-June marketing season, the Interfax news agency reported, citing Russia’s deputy prime minister. Russia supplies its wheat to Africa and the Middle East and usually sets grain export quotas for the period from
Russia considers abolishing grain export quota
CRTC asks big telcos to share network with smaller rural players
Big firms also told to negotiate wholesale access rates
Reuters — Canada’s top wireless firms will now be required to accept requests for access to their networks from smaller companies, particularly those serving rural areas, and also to negotiate on wholesale prices, the country’s telecom regulator said Wednesday. The ruling comes as the Canadian Radio-television and Telecommunications Commission (CRTC) looks to lower the cost
EU sees lower meat and dairy output
Meat and dairy production in the European Union is expected to decline this year and next as livestock farms feel the effects of drought, disease outbreaks and rising costs, the EU’s executive said Oct. 5. A historic drought in Europe this summer has reduced availability of grass and grain to feed herds, increasing costs for
Russian drones hit sunflower oil terminal, Mykolaiv mayor says
Kyiv | Reuters — Russian kamikaze drones hit tanks with sunflower oil at one of the terminals in the Ukrainian port city of Mykolaiv late on Sunday, the city mayor said on Monday. One of Ukraine’s largest ports, Mykolaiv halted shipments at the start of the Russian invasion, but Ukraine is pushing to open the
Europe’s farmers bring in drought-scarred maize crop
EU production seen at 15-year low, raising import needs even in producing nations
The European Union’s maize harvest is in full swing and field work is confirming widespread drought damage that analysts expect to push the feed grain crop to a 15-year low. A historic drought and successive heatwaves in Europe affected maize, or corn, during crucial summer growth stages. Showers in the past month appeared too late.
India allows exports of wheat flour processed from imported grain
New Delhi | Reuters — India has allowed export-oriented units and the firms set up in special economic zones to export flour made from imported wheat, a government order said on Friday, conceding to the demands of food processors to allow shipments of value-added products. India will allow food processors to import duty-free wheat against
Dry soil in Russia’s south poses risk for 2023 grain crop
Low soil moisture reserves in Russia’s southern breadbasket pose risks for the 2023 grain crop of the world’s largest wheat exporter, said agriculture ministry official Roman Nekrasov on Oct. 6. Farmers in Russia have accelerated winter wheat sowing after recent rain eased dry soil conditions in some regions last week, though sowing is still delayed
Russia to expand grain harvest by five million tonnes
Russia’s grain harvest is set to grow by about five million tonnes a year thanks to its incorporation of four Ukrainian territories, Agriculture Minister Dmitry Patrushev said Oct. 4. “Considering the arable land that exists there, I think at least five million tonnes of grain will be added to the Russian savings box. I also
U.S. livestock: Hog futures firm on technical buying
Cattle futures close mostly lower
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures firmed for the second day in a row on Thursday, with technical buying supporting prices following the market’s bounce from a 10-month low on Wednesday, traders said. CME December lean hog futures settled up 1.275 cents at 77.775 cents/lb. (all figures US$). Front-month October hogs
Ukraine grain exports down 41.5 per cent so far this season, ministry says
Ukraine’s grain exports are down 41.5 per cent year on year in the 2022-23 season so far, at almost eight million tonnes, but the pace of shipments is increasing gradually, agriculture ministry data showed Sept. 28. The country’s grain exports have slumped since Russia invaded in February because its Black Sea ports were closed off,
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