Liberia-flagged bulker K Sukret, carrying grain under the Black Sea Grain Initiative, waits for inspection in the southern anchorage of Istanbul on May 17, 2023. (Photo: Reuters/Mehmet Emin Caliskan)

Black Sea grain shipments shrink amid Ukraine deal doubts, Cargill exec says

'Grey/black' fleet seen handling more Russian traffic

London | Reuters — South American grain exports are set to overshadow Black Sea shipments this year as doubts grow over a U.N.-backed Ukraine deal and international traders cut commercial activities in Russia, a top executive with major commodities group Cargill said. The Black Sea grain deal, which allows the safe passage of grains through

Local residents on June 9 evacuate cattle on a barge from the Mykolaiv-region village of Afanasiivka, which was partly flooded in the Nova Kakhovka dam breach amid Russia’s attack on Ukraine.

Floods, dryness, data wear on wheat

Crops in Ukraine, China and North America face pressures

If one were to describe the wheat price situation using movie titles, the best pick would be Everything Everywhere All At Once. Prices were already affected by weather and the near-end of the spring wheat planting season. The U.S. Department of Agriculture’s monthly world agricultural supply/demand estimates were released June 9 and the U.S. Federal


Oilseed crushing and renewable diesel facilities questioned putting money into new developments.

Bigger-picture influences hover around weather market

A decision on U.S. biofuel blending mandates is pending

I was recently at the dentist to deal with a cracked tooth. After the drilling and filling was complete, the freezing took a few hours to wear off, which left me in a state of uncertainty. Will I ever eat or speak properly again? Was everything fixed? Will it still hurt to bite on that



Wheat crops look greener beyond North America’s fence

Expert's Radar: Longer-range Prairie weather outlooks suggest more hot and dry

In the microclimate of my Winnipeg yard, there are some sunny spots that are better for growing tomatoes and shadier areas where lettuce thrives. There’s one section around the compost bin overrun with raspberries that could use some trimming, but the fruit pairs well with the rhubarb along the fence. The garden is mostly in,

Crop production records are a double-edged sword as they will lead to larger, price-flattening carryovers.

Comment: Colossal crops, measly prices and little backslapping

The latest WASDE report has some good news that isn’t that good

The U.S. Department of Agriculture’s most recent World Agricultural Supply and Demand Estimates report confirmed that a freight train of grain is barreling toward 2023-24 markets, and farmers everywhere need to prepare for the rockier prices sure to follow. The report was succinctly summarized by DTN market analysts shortly after its release May 12: “USDA


Signage on Viterra’s office building in Regina. (Dave Bedard photo)

Viterra in talks to merge with Bunge, source says

Merger would vault Viterra into top tier of grain trade

Reuters — Global grain trader Viterra is in talks to merge with U.S. rival Bunge Ltd., according to a person familiar with the matter, in a potential mega-deal that would reshape the top tier of global grains merchants. There is no certainty that Viterra, part-owned by Switzerland-based mining and trading giant Glencore, will be able

Deal or no deal?

Expert's Radar: U.S. currency concerns can sway ag markets

In the TV game show Deal or No Deal, contestants pick briefcases in hopes of winning big cash prizes. The rules are simple, with an unseen ‘banker’ offering deals as the contents of the cases are slowly revealed. Will the contestant take a deal? Or will they risk it all by opening more cases in


Farmer Steve Timmer plants corn near Shelby in Richland County, Ohio, about 110 km north of Columbus, 
on April 19.

Grain traders cover some risk as planting continues

Canola contracts show strength independent of other oilseeds

North American grain and oilseed contracts saw choppy activity during the second week of May, moving up and down as the growing season for most crops got underway and traders looked to cover some risk in the face of uncertainty. For its part, the ICE Futures canola market showed independent strength relative to other vegetable

Warm temperatures are drying out fields in many areas of Western Canada allowing seeding efforts to kick off.

Lessons from a journey

Expert’s Radar: When embarking on an adventure — like growing a crop — taking things in stride is key

People who embark on lengthy cross-country journeys have always intrigued and inspired me. It takes a certain kind of dedication. I had a poster of “Man in Motion” Rick Hansen on my wall as a child and Terry Fox is obviously a legendary hero to all of Canada, but there are countless folks every year