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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

UN asks Putin to extend Black Sea grain deal in return for SWIFT access

Grain export initiative to expire Monday otherwise

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United Nations | Reuters — U.N. Secretary-General Antonio Guterres has proposed to Russian President Vladimir Putin that he extend a deal allowing the safe Black Sea export of grain from Ukraine in return for connecting a subsidiary of Russia’s agricultural bank to the SWIFT international payment system, sources told Reuters. Russia has threatened to ditch
File photo of a sunflower crop in Manitoba. (MysticEnergy/Getty Images)
Crops, Markets

Manitoba sunflowers doing well with fewer acres

Few pest, weed problems appear so far

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MarketsFarm — Despite fewer acres under hot and dry conditions, things are going well for Manitoba’s sunflower crop. Out of the 88,000 acres planted for sunflowers across Canada, 77,000 of them are in Manitoba, according to Statistics Canada’s (StatCan) principal field crop acreage estimates released June 28. Both figures represent the fewest number of acres
St. Michael’s Ukrainian Orthodox Church in Sandy Lake, Man.
Local news, News, Other

Road trip spotlights Ukrainian heritage in the Parkland

Exploring the southern route of Manitoba’s Babushka Trail/Pysanky Path

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Does the name “Babushka Trail” catch your interest? Or is the newer moniker, “Pysanky Path” more intriguing? Whichever you prefer, this route — spread across six municipalities in Manitoba’s Parkland — makes an interesting day trip, with an emphasis on Ukrainian culture. If you want to explore all of it, it could even take two
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

Ukraine ‘99.9 per cent’ certain Russia will quit Black Sea deal next month

Russia wants demands met on ammonia shipments

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Kyiv | Reuters — Russia is 99.9 per cent certain to quit a U.N.-brokered deal on the safe wartime passage of Black Sea grain next month because it no longer needs Ukrainian ports to export ammonia, a senior Ukrainian diplomat said. The United Nations and Turkey brokered the Black Sea Grain Initiative with Moscow and
Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Crops, Markets, Weather

U.S. grains: Soy, corn futures steady; wheat mixed

Large Russian exports tempered fears of Black Sea corridor agreement breakdown

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Chicago | Reuters — U.S. corn and soybean futures steadied on Tuesday after the market rallied sharply at the end of last week on concerns that hot and dry weather will lead to harvest shortfalls. The market remained underpinned by the most recent forecasts, which remained unfavourable for key growing areas of the U.S. Midwest,
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

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

'Grey/black' fleet seen handling more Russian traffic

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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.
Grain Markets, Markets

Floods, dryness, data wear on wheat

Crops in Ukraine, China and North America face pressures

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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
File photo of barley being unloaded at a grain terminal in Ukraine on June 23, 2022. (Photo: Reuters/Igor Tkachenko)
Crops

Ukraine’s farm output could take 20 years to recover, study suggests

Some crop sectors may recover more quickly

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Kyiv | Reuters — Ukraine’s agricultural sector could take 20 years or more in parts to recover from the ravages of Russia’s full-scale invasion, according to a Kyiv-based research centre. Ukraine is a major global grower and exporter of wheat, corn, sunflower and sunflower oil, but its production has fallen sharply since the war start

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