Black Sea Archives - Page 19 of 20

Mature winter wheat. (Allan Dawson photo)

U.S. grains: Wheat, corn climb on bargain-buying

By GFM Network News June 5, 2018

Chicago | Reuters — U.S. wheat futures closed higher Tuesday on a technical bounce a day after the spot July contract neared a two-week low, and on worries about dry weather in the Black Sea crop region, analysts said. Corn also advanced, rebounding from a two-month low, while soybeans closed mixed as nearby contracts lost […] Read more

Crops, Markets

Prairie flax market flat, acres set to decline

By GFM Network News February 28, 2018

CNS Canada — A flat flax market in Western Canada has buyers feeling indifferent about this year’s prospects. “There’s no big hurrahs right now on flax… I hate to say it, I’m a very optimistic type of person, but it’s kind of a flat market right now,” said Ben Friesen, senior market manager at Scoular […] Read more

Crops, Reuters

G3 co-owner SALIC looking at Iraq farmland

By GFM Network News February 15, 2018

Dubai | Reuters –– The Saudi Agricultural and Livestock Investment Company (SALIC) is looking at more farmland investment opportunities and has its neighbour Iraq on the list. SALIC, an arm of the country’s Public Investment Fund (PIF), said it was also looking to expand its investments in the Black Sea region, which already includes almost […] Read more

The peasants driving the horse and wagon are in the majority of farmers in Romania.

Features

Romania: One extreme to another

Marianne Stamm took an opportunity to learn about EU agriculture in Romania

By Marianne Stamm October 30, 2017

I had the opportunity to join a group of 45 European agriculture journalists on a one-week press tour of the eastern part of Romania. It was one surprise after another. What I knew of Romania consisted of stories of those who took clothing to children’s orphanages, or of the report of corruption and hardship from […] Read more

Crops, Markets, Reuters

U.S. grains: Wheat lower on hefty global stocks

By GFM Network News September 11, 2017

Chicago | Reuters — U.S. wheat futures dipped to a one-week low on Monday as swelling harvest supplies in the Black Sea export region hung over a subdued market a day ahead of closely watched U.S. government crop forecasts. Soybean futures also declined, while corn edged higher in choppy trade. Chicago Board of Trade December […] Read more

Cereals, Crops, Reuters

Cargill joint venture to build grain terminal in Ukraine

By Reuters, GFM Network News February 24, 2016

Kiev | Reuters — U.S. agriculture giant Cargill and Ukraine’s MV Cargo said they would build and operate a grain terminal at Ukraine’s Black Sea port of Yuzhny under a US$100 million joint venture agreement signed Wednesday. The terminal, near Ukraine’s biggest port city of Odessa, will have an annual loading capacity of five million […] Read more

Crops, Reuters

Cargill to stop selling seed, inputs in Black Sea region

By GFM Network News February 17, 2016

Chicago | Reuters –– Cargill will stop selling seeds, fertilizer and crop chemicals to farmers in the Black Sea region, as the global trader continues to cut back operations in the face of sliding commodity prices. The 150-year old company, one of the world’s largest privately held corporations, is in the middle of a restructuring […] Read more

Russian harvesting technology has advanced beyond that illustrated in this Soviet-era poster.

Barley, Crops, Spring Wheat, Winter Wheat

Black Sea in it for the long haul

The Former Soviet Union, once Canada's largest wheat customer, is now its largest competitor

By GFM Network News October 29, 2015

Black Sea wheat exports are projected at an all-time high this year, and there is good reason to have confidence in this forecast. During the 2015/16 marketing year, the U.S. Department of Agriculture (USDA) estimates that the states of the former Soviet Union excluding Latvia, Lithuania, and Estonia (FSU-12) will export a record 45 million […] Read more

Crops, Markets, Reuters, Weather

Russia, Ukraine may cut grain crop forecasts as temperatures rise

By GFM Network News July 10, 2015

Moscow/Kiev | Reuters — Major Black Sea wheat exporters Russia and Ukraine may cut their official 2015 grain crop forecasts as recent hot weather has raised the risks to plants and rains elsewhere have delayed the harvest and dented quality, farmers and officials said. Russia and Ukraine’s agriculture ministries have said if hot weather persists […] Read more

Crops, Markets, Reuters, Spring Wheat, Winter Wheat

New Russian wheat tax puts exporters, traders on edge

By Reuters, GFM Network News May 29, 2015

Moscow | Reuters –– Russia approved the launch of a new wheat export tax from July 1, which traders say could threaten profits on advance contracts for the new crop if the rouble weakens in coming months. Russia’s government said Friday that the new tax was intended to stop exports surging if the rouble drops […] Read more

U.S. criticizes Mexico’s handling of screwworm near border

U.S. grains: Soybean futures edge up as Argentina ends export tax waiver

U.S. livestock: Hog futures hit contract high, herd falls short of estimates

GFM Network News