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The Sierra Leone-flagged grain ship Razoni leaves the sea port in Odesa amid Russia’s attack on Ukraine, August 1, 2022. It was turned away by its buyer in Lebanon on August 9, citing delayed shipment to its previously agreed upon terms.
Comment, Op/Ed

Comment: Ukraine’s grain exports, crop still must prove themselves

There’s potential for a lot of grain movement, but many risks remain

By
Reuters – The volume of grain Ukraine will have available for export over the coming year and whether those shipments can run smoothly remains to be seen, though optimism has increased with the first sea departure of a grain vessel since Russia’s invasion. Estimates across the industry vary on harvest potential, but there are suggestions,
Ihor, a farmer in central Ukraine, poses in his sunflower field. The plant has become one of the symbols of the war-torn country.
Farmit Manitoba, News

The rules of war zone production

Cost savings are king for Ukrainian farmers with high costs and uncertainty over exports

By
“It’s good that you didn’t arrive an hour earlier – three rockets just flew in,” says Denys, an agricultural equipment sales manager who meets me in the city of Kropyvnytskyi in central Ukraine. For the first time in five months, since the beginning of the war, I’m going on a field trip. Throughout the 10
News

Developing world food prices first to fall: U.S. official

By
Reuters – Weaker commodities prices will take longer to ease food inflation in the U.S. than in the developing world, according to a July 26 statement from Seth Meyer, chief economist at the U.S. Department of Agriculture. Some of the world’s poorest nations were hardest hit by a spike in corn and wheat prices after
Destroyed areas after the attacks of Russian Armed Forces in the port of Odesa, July 25, 2022. The Kremlin assured that the attacks against the port of the Ukrainian city of Odessa should not affect the export of grain, after an agreement was reached between Moscow and Kyiv on July 22, 2022.
Comment, Op/Ed, Other

Comment: Black Sea grain deal exposes Moscow’s long-term diplomatic game

UKRAINE: The deal is critical for relieving an international food crisis

By
The deal to open up Ukraine’s Black Sea ports, brokered by the United Nations and Turkey, is expected to facilitate export of several millions tonnes of grain and potentially ease an international food crisis. However, less than a day after the deal was signed, Russia undermined international confidence with missile strikes on the port of
Mosaic’s mine shaft tower from its K3 facility in southern Sask. Photo: Greg Berg
Markets

Mosaic sees fertilizer demand supported by tight crop supplies into 2023

By
Reuters – Mosaic Co MOS.N said on Monday it expects tight grain and oilseed markets into 2023, encouraging the continued use of fertilizers despite their surging costs. “The war in Ukraine, high temperatures in North America and Europe, and developing drought conditions in parts of South America highlight the risk for reduced yields globally,” Mosaic said.
The number of people experiencing famine globally has jumped by an estimated 10 million since May.
News

Hunger crisis deepening, says Canadian Foodgrains Bank

Raging drought, inflation and conflict drive food shortages

By
Fifty million people around the world are near to or experiencing famine, up from 40 million in May, according to the Canadian Foodgrains Bank. “There’ll be many malnourished. At least 20 per cent will be extremely malnourished,” said the organization’s executive director, Andy Harrington. Two out of every 10,000 of those people will die, according

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