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A vessel is seen arriving at Odesa in southern Ukraine under the Black Sea Grain Initiative on April 12, 2023. (Photo: Yulii Zozulia/Nurphoto via Reuters Connect)
Crops

Moscow would scrap grain deal if G7 bans exports, Medvedev warns

G7 said to be considering blanket ban on exports to Russia

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Reuters — Former Russian president Dmitry Medvedev said on Sunday that if the G7 moved to ban exports to Russia, Moscow would respond by terminating the Black Sea Grain deal that enables vital exports of grain from Ukraine. The Group of Seven (G7) countries are considering a near-total ban on exports to Russia, Japan’s Kyodo
A New Holland unit on display at the Yugagro exhibition in Krasnodar, Russia in 2021. (Media.cnhindustrial.com)
Crops

CNH sheds Russian business

New Holland, Case IH maker had suspended shipments last year

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The maker of Case IH and New Holland tractors and combines is selling its business activities in Russia for about US$60 million. CNH Industrial, which employs about 200 people in Russia, announced the divestment in a release Wednesday without naming the buyer. CNH in March last year suspended all shipments and supplies to Russia and
Moscow has made multiple demands for an extension of the Black Sea grain deal.
News, Other

West still has time to solve grain deal issues: Russian diplomat

Russia wants agricultural bank reconnected and machinery and parts restrictions lifted

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The West still has time to remove “obstacles” hindering the implementation of the Black Sea grain deal before a deadline on May 18, senior Russian diplomat Mikhail Ulyanov said April 14. The Black Sea grain export deal was renewed for 60 days last month, but Russia has signalled it may not agree to extend it
(Omersukrugoksu/iStock/Getty Images)
Crops, Markets

Ukraine agrees with Poland on resumed grain transit

Ukraine also trying to salvage Black Sea grain deal

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Warsaw | Reuters — Poland agreed on Tuesday to lift a ban on the transit of Ukrainian grain and food products, but Ukraine said a wartime deal allowing it to safely ship grain from Black Sea ports was still under threat. Failure to resume exports into eastern European countries or secure an extension of the
CBOT May 2023 soft red winter wheat with 20-day moving average, MGEX May 2023 hard red spring wheat (yellow line) and K.C. May 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Chicago grains flat or higher on Ukraine concerns

Rains expected to cause U.S. planting delays

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Mexico City | Reuters — Chicago grain and soy futures closed nearly flat or higher on Tuesday as traders assessed the impact of several countries banning Ukrainian grain, and the future of a Black Sea grains deal remained in doubt. Markets were also eying expected rains in the U.S. that would likely slow planting schedules.
CBOT May 2023 corn with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Corn continues climb, closes higher for fourth week

Traders watching cooler weather in U.S. southern Plains

By
Mexico City | Reuters — Chicago corn futures settled higher on Friday, making the fourth straight week of gains, after a week of flash sales to China and demand for ethanol processing. Soybeans closed lower, ending a gains streak since late March, as a record Brazilian harvest tempered concern about drought losses in Argentina. The
Ukrainian farmers are surviving the invasion, now it’s time to rebuild for the 2023 growing season.
Farmit Manitoba, News

From Ukraine: Farmer struggles after Russians driven back

Yuriy Zayikin lived under Russian fire for close to a year, now plans to rebuild

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Yuriy Zayikin has had a front row seat to the war in Ukraine. And at times he’s been forced onto the stage. He farms in the southern Kherson region. At one point 95 per cent of the area was occupied by invading Russian forces. Just five per cent remained under control of Ukraine, which is where Zayikin was ‘lucky’ enough
A vessel is seen arriving at Odesa in southern Ukraine under the Black Sea Grain Initiative on April 12, 2023. (Photo: Yulii Zozulia/Nurphoto via Reuters Connect)
Crops

Russia says Black Sea grain deal may be nearly over

Ukraine and UN to blame for backlog of ships, Russia alleges

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Moscow | Reuters — Russia on Thursday said there would be no extension of the U.N.-brokered Black Sea grain deal beyond May 18 unless the West removed a series of obstacles to the export of Russian grain and fertilizer. The Ukraine grain Black Sea export deal was brokered by the United Nations and Turkey in
CBOT May 2023 corn with 20-day moving average (green line) and July 2023 corn (orange line). (Barchart)
Crops, Markets, Weather

U.S. grains: Chicago grains close lower as weather improves

USDA reports flash corn sale to China

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Mexico City | Reuters — Chicago grains futures reversed earlier gains to close lower on Thursday, as weather improved and despite Russia saying there would likely be no extension of the wartime grains corridor deal, analysts said. Soybeans lost ground from their earlier rally as weather in the Northern Hemisphere looked clearer. “U.S. weather is

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