Ukraine exported 4.8 million metric tons of food via its Black Sea corridor in December, surpassing the maximum monthly volume exported under a previous U.N.-brokered grain deal, brokers said on Wednesday.
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Ukraine’s Dec Black Sea food exports top U.N.-brokered deal at its peak
Kyiv believes it has managed to dislodge Russian forces from the western part of the Black Sea
EU wheat prices set for annual fall as Black Sea trade withstands war
War in Ukraine propelled grain prices to record highs in 2022, but prices subsided this year
Euronext wheat edged up on Friday but was set for a sharp decline over the year after stiff export competition from the Black Sea region eased worries about war disruption to the grain trade.
CBOT weekly outlook: U.S. wheat remains rangebound
U.S. wheat prices essentially bottomed out during late November; recovered somewhat in December
United States wheat prices have been in something of a quandary lately, with any hope of higher prices curtailed by the need to remain competitive with cheaper Russian wheat, according to Tom Lilja of Progressive Ag in Fargo, North Dakota.
CBOT weekly: Mostly bullish influences on soy, corn, wheat
China increasing imports, Brazil in weather bind
MarketsFarm — While extreme weather differences in Brazil remained the main focus of the Chicago Board of Trade’s attention, increased imports by China were becoming another major factor, according to Terry Reilly, senior agricultural specialist for Marex in Chicago. “People are watching China’s increased demand for soybeans, wheat and potentially corn,” Reilly said, noting the
From Ukraine: Civilian cars and ancient farm machinery
[FIRST PERSON ]Ukraine’s history of making do pays off in wartime as farmers support the war
Ukraine’s agriculture is diverse and so is the equipment on Ukrainian farms. Near my town, a German-made NEXAT transformer unit is working in the fields and is one of few in the world. It’s a massive all-in-one machine that handles every step in crop production: spring cultivation, seeding, crop protection and harvesting. While this is the cutting edge, you’ll
Insurers, Ukraine launch war-risk ship insurance
Program announced in effort to cut grain costs
Reuters – Insurance broker Marsh, Lloyd’s of London insurers and Ukrainian state banks have launched a program to cut the cost of claims for damage to ships and crew transporting grain through the Black Sea corridor, Marsh said Nov. 15. Kyiv launched a “humanitarian corridor” in August for ships bound for Africa and Asia to
Ukraine could fail to meet future wheat demand if attacks continue, UN agency warns
Report shows 31 attacks on grain facilities since mid-July
United Nations | Reuters — The United Nations World Food Programme (WFP) warned on Tuesday that Ukraine’s wheat production may be unable to meet domestic and export demand in the years to come if Black Sea export routes remain blocked and attacks on food infrastructure continue. WFP’s Ukraine director, Matthew Hollingworth, said a forthcoming report
Ukraine says 151 ships have used new Black Sea corridor
Promised free grain shipments are headed for Africa, says Moscow
Some 151 ships have used Ukraine's new Black Sea shipping corridor since it was set up in August, the Interfax-Ukraine news agency reported on Friday, citing a senior government official.
IGC raises world crop projections
If realized, the world wheat crop will the second largest on record
Projected worldwide wheat, corn and soybean production in 2023/24 was raised by the International Grains Council in its latest update, with better-than-expected corn yields in the United States and larger Black Sea wheat crops behind the adjustment.
Russia eyes eastern trade routes
Reuters – Russian President Vladimir Putin called for the development of wheat and fertilizer cargo transport routes in Asia during a visit to Kazakhstan Nov. 9 as Moscow looks for export routes due to Western sanctions. Chairing a conference on agricultural co-operation with Kazakh President Kassym-Jomart Tokayev, Putin said Russia would have about 60 million
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