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Crops, Markets

Kyiv acts on ‘compromise’ plan after filing WTO complaint over food ban

Three EU countries have restricted Ukraine grain imports

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Kyiv | Reuters — Ukraine appealed to three neighbouring countries in the European Union on Tuesday to embark on “constructive dialogue” to end a dispute over agricultural trade, and approved what it called a “compromise scenario.” Poland, Slovakia and Hungary announced restrictions on imports from Ukraine on Friday after the European Commission decided not to
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Crops, Markets

Farm trade dispute creates rift between Ukraine and its allies

Ukraine sues three EU member states at WTO

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Brussels/Kyiv | Reuters — A dispute over agricultural trade created a rift on Monday between Ukraine and some of its strongest allies in the European Union after three member states imposed unilateral measures to restrict imports from the war-torn country. Poland, Slovakia and Hungary announced restrictions on imports on Friday after the European Commission decided
File photo of barley being unloaded at a grain terminal in Ukraine on June 23, 2022. (Photo: Reuters/Igor Tkachenko)
Crops, Markets

Poland, Hungary, Slovakia to continue own bans on Ukraine grain

European Commission decides not to extend ban

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Brussels/Warsaw | Reuters — Poland, Slovakia and Hungary will impose their own restrictions on Ukrainian grain imports, the governments said on Friday, after the European Commission decided not to extend a ban affecting Ukraine’s five EU neighbours. Restrictions imposed by the European Union in May allowed Poland, Bulgaria, Hungary, Romania and Slovakia to ban domestic
File photo of barley being unloaded at a grain terminal in Ukraine on June 23, 2022. (Photo: Reuters/Igor Tkachenko)
Crops, Markets

EU ag commissioner pushes for extension of Ukraine grain import ban

Restrictions due to expire Friday

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Brussels/Bucharest | Reuters — The EU agriculture commissioner said on Tuesday said he believes the European Commission should extend a temporary ban on Ukraine imports into five neighouring EU states, as the measure helped boost exports outside the bloc. Ukraine has become entirely dependent on alternative European Union routes, called Solidarity Lanes, for its grain
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, Markets

Russian Agricultural Bank could have SWIFT access within 30 days, U.N. tells Moscow

Russia seeking 'actual exemptions' from sanctions

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Reuters — A Russian Agricultural Bank subsidiary in Luxembourg could immediately apply to SWIFT to “effectively enable access” for the bank to the international payments system within 30 days, the United Nations told Russia in a letter, seen by Reuters on Friday. “SWIFT has confirmed that RSHB Capital S.A. would be eligible to apply for
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)
Crops, Markets

UN working on guarantees for Russia to restore grain deal, Moscow skeptical

Bombing of Ukraine ports, grain facilities erodes other partners' goodwill, Guterres says

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Reuters — The United Nations is “actively engaged” in trying to improve Russia’s grain and fertilizer exports in a bid to convince Moscow to again allow the safe Black Sea export of Ukraine grain, Secretary-General Antonio Guterres said Thursday. “We believe that it’s necessary to create a system of mutual guarantee,” Guterres told reporters on
Vessels are seen as they await inspection under the Black Sea Grain Initiative, brokered by the UN and Turkey, in the southern anchorage of the Bosphorus at Istanbul on Dec. 11, 2022. (File photo: Reuters/Yoruk Isik)
Crops, Markets

Russia says will have talks with Turkey about alternative to Black Sea deal

Plan calls for Qatar's support to move Russian grain

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Reuters — Russian Foreign Minister Sergei Lavrov and Turkish counterpart Hakan Fidan will discuss a proposal by Moscow for an alternative to the Black Sea grain deal when they meet this week, Lavrov’s ministry said Wednesday. Under the plan, Russia would send a million tons of grain to Turkey at a discounted price, with financial
CBOT November 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soybeans dip after data shows crop less damaged than feared

Ukrainian farmers not expected to cut winter wheat area

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Chicago | Reuters — Chicago soybean and corn prices retreated on Tuesday following U.S. government data showing a smaller-than-expected decline in crop conditions than what many analysts had expected. Wheat hit a two-week low as sluggish demand for U.S. supplies and competition from cheap Russian grain limited the upside in prices. The most active soybean
Scenes from the Ukrainian corn harvest. This year farmers are struggling to justify the cost of harvesting due to the war and lack of markets.
News

From Ukraine: The second summer of war

FIRST PERSON | As harvest begins, farmers wonder if they should bother

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A kamikaze drone flew over our house last night. It fell near our fence and exploded. I looked out the window and saw a red flame. Then I opened my eyes and realized it was a nightmare. In the morning, I called my mother. She said she heard a drone over our town at 3 a.m. These soulless killing

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