Farm office FranceAgriMer has increased sharply its forecast of French soft wheat exports outside the European Union this season as it anticipated France would replace some of the Black Sea trade disrupted by Russia’s invasion of Ukraine. Importers are seeking alternatives to Ukrainian and Russian supplies, which usually account for about 30 per cent of
French wheat export forecast raised, stocks cut on Ukraine war
Ukrainian Railways ready to boost grain exports by train
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
G7 farm ministers urge an end to food export curbs as prices surge
Global food-exporting countries should not restrict food exports after Russia’s invasion of Ukraine cut world supplies, agriculture ministers of the G7 group of nations said on Friday. The impact on markets has escalated as a growing list of food-producing countries restricted exports, keeping vital supplies within their borders. Wheat prices hit 14-year highs and edible
Ukraine says it will issue grain export licences within 24 hours
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
U.S. livestock: CME feeder cattle rise as feed prices slip
June live cattle, April hogs lower
Chicago | Reuters — Chicago Mercantile Exchange live cattle fell on Wednesday on technical liquidation, as livestock markets continue to wrestle with questions about consumer demand as food prices surge, traders said. Feeder cattle futures firmed on the day as feed prices fell, traders said. “Today’s live cattle futures trade has been choppy to weaker,
U.S. livestock: CME cattle up amid weak broader markets
Nearby hog futures see muted gains
Chicago | Reuters — Chicago Mercantile Exchange cattle futures climbed on Tuesday as investors looked for safety amid weaker broader markets. “With oil prices giving up gains the last couple days, the reverse happened in cattle,” said Altin Kalo, Economist at Steiner Consulting Group. CME’s most-active June live cattle added 1.1 cents to 136.8 cents/lb.,
Brazil fertilizer stocks to last for three more months, industry group says
ANDA, an association representing fertilizer companies in Brazil, said March 3 that local fertilizer stocks should last for three more months amid a major supply chain bottleneck related to Russia’s invasion of Ukraine and western sanctions on Belarus, an important producer. ANDA’s forecast, which it said was based on reports from market players, came a
U.S. livestock: CME cattle, hogs firm amid market uncertainty
Chicago | Reuters — Chicago Mercantile Exchange cattle futures climbed on Monday as traders attempted to make sense of changing trade restrictions and allowances. “The market’s trying to sort out all these trade protection measures,” said Alan Brugler, president of Brugler Marketing. “Everybody seems to want imports, and nobody wants to export anything.” CME April
Canada allows Brazilian beef and pork, Brazil ag minister says
Updated, March 15 — Reuters — Canada has approved the importation of beef and pork from Brazil, which had been blocked over health concerns, authorities from both countries said on Monday. “We are in Ottawa and have just left the Canadian Ministry of Agriculture with … great news: the opening up of the country’s pork
Ukraine to start spring seeding in coming days, officials say
Lviv | Reuters — Ukraine plans to start sowing spring grains in the coming days and has enough grain in stocks to ensure the population has enough bread, deputy agriculture minister Taras Vysotskiy said Saturday. He said the country, which consumes eight million tonnes of wheat a year, had six million tonnes in stocks. Stocks