Russia's curbs on wheat exports have inadvertently helped Ukraine secure lucrative sales to Egypt this week while also inflating prices for the world's top importer, traders said.
Tag Archives Global trade
Russia’s grain policies help Ukraine secure sales
Global commodity markets react to Trump victory
Election results expected to have deep, immediate effects on global economies
Commodities from grains, to oil and gas dropped on Wednesday morning as the U.S. dollar rallied and victory for Republican Donald Trump in the U.S. presidential election stoked concerns about tariffs and economic growth.
October weather did not favour Ukraine’s winter crops, scientists say
October weather, as well as in September, was unfavourable for the development of Ukrainian winter crops, most of which lack moisture, analyst APK-Inform quoted the Ukrainian national agricultural academy as saying on Monday.
China seeks stronger soybean ties with Russia
China is willing to cooperate more closely with Russia in the soybean industry, its agriculture ministry quoted an official as saying on Wednesday, without giving any details.
Opinion: BRICS summit shows determination for a new world order – but internal rifts will buy the West some time
There's an internal battle in BRICS over its future direction. This, in turn, creates space and time for the West to exercise more positive and constructive influence in the ongoing process of reshaping the international order.
BRICS leaders tout grain exchange, joint finance at Russian summit
Leaders of the nations in the BRICS grouping, which accounts for 37 per cent of global economic output, predicted its influence would grow as they met in Russia on Tuesday, outlining common projects ranging from a grain exchange to a cross-border payments system.
China’s rapeseed meal contract drops after Canada plans some relief from EV tariffs
China's rapeseed meal futures sunk 4.6 per cent on Monday on hopes that Beijing would ease an anti-dumping probe on imports of Canadian rapeseed after Ottawa said it would grant firms temporary relief from tariffs on Chinese electric vehicles.
Indian buyers expect no disruption in Canadian lentil, potash supplies
Indian buyers do not expect supplies of Canadian lentils and potash to be affected by the diplomatic row between New Delhi and Ottawa, trade, industry and government officials said.
New Zealand escalates dairy trade dispute with Canada
New Zealand Trade Minister Todd McClay said his government had notified the Canadian government and other members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade agreement that it had triggered mandatory negotiations in the dairy dispute with Canada.
Ukraine grain exports to fall by more than 10 million tonnes due to smaller crop, official says
Ukraine's 2024/25 grain exports are likely to decrease to around 40 million metric tons from almost 51 million tons in 2023/24 due to a smaller harvest, the first deputy agriculture minister Taras Vysotskiy said on Friday.
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