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Ukraine is considered one of the big four corn suppliers along with the United States, Brazil and Argentina.
Comment, Op/Ed

Comment: Export losses give Ukraine leeway in its upcoming corn harvest

Carry-over resulting from closed ports means there’s some cushion in supplies

By
Reuters – Ukraine’s corn exports basically ground to a halt several weeks ago when Russia invaded the country, leading to the closure of its critical seaports. While that is causing a global supply crunch in the near term, it is also leading to an unprecedented buildup of stocks in the country. That could leave room
News

U.S. Treasury secretary blames Russian war in Ukraine for global food insecurity

Comments were made during a high-level international panel on food security

By ,
Reuters – Russia’s war in Ukraine is to blame for exacerbating “already dire” world food insecurity, with price and supply shocks adding to global inflationary pressures, U.S. Treasury Secretary Janet Yellen said April 19. Why it matters: The panel, including representatives from the G7, G20, International Monetary Fund and World Bank, covered food security, rising
Markets, News

U.S. planting delays, Ukraine war prop prices

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Reuters – Chicago corn was largely unchanged on Wednesday and near a decade high, scaled in the previous session, as traders fretted over planting delays in the United States and a lack of supplies from wartorn Ukraine. Soybeans and wheat, meanwhile, inched higher. The most active corn contract, Cv1, was unmoved at $7.9975 a bushel,
‘When thinking about replacing the lost grain, we should be clear about when that grain was supposed to be harvested and what humanity intended to do with it.’
Comment, Op/Ed

Comment: Ukraine grain hard to replace

Large shortfall will increase food prices around the globe

By
Ukraine and Russia produce a substantial amount of grain and other food for export. Ukraine alone produces a whopping six per cent of all food calories traded in the international market. At least it used to, before it was invaded by the world’s largest nuclear power. Russia, meanwhile, is the world’s largest exporter of wheat,
Governments need to reform the current suite of business risk management programs so that they meet the risks farmers are facing today.
Comment, Op/Ed

Comment: Disease, drought, and war – a time of volatility

Despite these challenges, farmers remain surprisingly optimistic

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Anyone who tells you that they know where commodity prices will be six months from now is either being misleading or fails to have a firm grip on reality. We are in a time where contradictory pressures on supply and demand are combined with political upheavals. As a result, farmers can expect an extended period
A recent report by the United Nations warns that food security for the people under siege in Ukraine by the invading Russian military is rapidly deteriorating.
Comment, Op/Ed

Comment: Big little decisions are needed to address growing global food insecurity

The war in Ukraine is making an already bad situation exponentially worse

By
The UN’s Food and Agriculture Organization (FAO) has issued a dire warning about the deteriorating state of food security for the people remaining under siege in Ukraine. Based on an assessment of 19 of 24 oblasts, or regions, the alert issued March 25 speaks to the rising uncertainty about the ability of farmers in that
Markets, News

Egypt’s wheat imports from Russia rose in March despite war

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Reuters – Egypt, often the world’s top wheat buyer, saw a rise in imports of the grain from Russia in March despite supply and payment disruptions following its invasion of Ukraine that also drove traders to seek shipments from other suppliers. Egypt received 479,195 tonnes of wheat from Russia in March, 24 per cent up
The scale of economic sanctions imposed on Russia since its invasion of Ukraine are unprecedented.
Comment, Op/Ed

Comment: Battered but not broken

How global trade is responding to Russia’s invasion of Ukraine

By
Russia’s first McDonald’s opened in 1990, just months after the fall of the Berlin Wall. It was a potent symbol that the Cold War was ending and a great ideological wound healing. Now every McDonald’s in Russia is closed, as nations and corporations reduce, suspend or sever ties in response to the invasion of Ukraine.
Markets, News

Syngenta expects Ukraine harvest to fall

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Swiss agrochemicals group Syngenta expects crops output in Ukraine to slump substantially this year, it said March 31, as it announced fourth-quarter results. “We hope to be able to save around two-thirds of what would normally be possible,” a spokesperson said, referring to the Ukrainian crops harvest. “We definitely don’t expect a total failure.” The

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