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Trucks wait for crossing into Poland at the Rava-Ruska border checkpoint in Ukraine’s Lviv region on April 17, 2023. (Photo: Reuters/Roman Baluk)
Crops, Markets

European Commission to ban Ukrainian grain exports to Romania

Talks ongoing with Ukraine's other neighbours

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Bucharest | Reuters — The European Commission will ban Ukrainian grain and oilseeds exports to Romania until June 5, Romanian Agriculture Minister Petre Daea said on Wednesday. Romania has stopped short of enforcing a ban, whereas Poland, Hungary, Bulgaria and Slovakia took unilateral steps to protect local markets from a flow of Ukrainian farm products.
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

Russian envoy says no breakthrough on grain deal

Ukraine says Moscow blocking ships

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Geneva | Reuters — Russia’s envoy to the United Nations in Geneva on Wednesday said “no real progress” had been achieved in resolving issues raised by Moscow over the Black Sea grain deal, which is set to expire next month. Separately, Ukraine accused Russia of blocking the passage of four grain ships from its Black
Damage is seen from a rain-wrapped tornado at Cole, Okla., just south of Oklahoma City, on April 19, 2023, in a screengrab from a social media video. (Photo: Hans Duran video screengrab via Reuters)
Crops, Markets, Weather

CBOT weekly outlook: U.S. rain, StatCan report biggest influences

Russia's sabre-rattling not yet swaying markets

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MarketsFarm — The three to five inches of rain received Wednesday in Kansas and Oklahoma have put pressure on Kansas City and Chicago wheat prices on the Chicago Board of Trade (CBOT), according to broker Ryan Ettner of Allendale Inc. Added to that, Statistics Canada’s (StatCan) report on prospective plantings, also received Wednesday, has weighed
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
Trucks wait for crossing into Poland at the Rava-Ruska border checkpoint in Ukraine’s Lviv region on April 17, 2023. (Photo: Reuters/Roman Baluk)
Crops, Markets

Poland pledges aid for farmers as PM slams EU response

PM says EU offer a 'drop in the ocean'

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Warsaw | Reuters — European Union measures to help farmers affected by a glut of Ukrainian food imports are too little too late, the Polish prime minister said on Friday, after the government approved 10 billion zlotys (C$3.23 billion) in aid for Polish agriculture. Central European countries are trying to thrash out a deal with
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
Trucks wait for crossing into Poland at the Rava-Ruska border checkpoint in Ukraine’s Lviv region on April 17, 2023. (Photo: Reuters/Roman Baluk)
Crops, Markets

EU plans import curbs on Ukraine grain, farmer supports for border countries

Grain would be let into five countries only for export

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Brussels | Reuters — The European Union is preparing 100 million euros (C$147.4 million) in compensation for farmers in five countries bordering Ukraine and plans to introduce restrictions on imports of Ukrainian grains. Pressure has mounted on Brussels to work out a European Union-wide solution after Poland and Hungary banned some imports from Ukraine last
(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

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