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EU flags in front of the headquarters of the European Commission in Brussels. (Jorisvo/iStock/Getty Images)
Crops, Markets

More grain for European Union in 2023-24, USDA projects

Larger production seen reducing need for imports

By
MarketsFarm — The U.S. Department of Agriculture’s (USDA) attaché in Madrid is projecting an increase in grain production for the European Union (EU) in 2023-24. In USDA’s Global Agricultural Information Network (GAIN) report released Wednesday, the attaché pegged the EU’s 2023-24 grain production at 284.7 million tonnes, 17.9 million more than this year’s crop which […] Read more
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, Reuters

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

Grain would be let into five countries only for export

By
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 […] Read more
(Omersukrugoksu/iStock/Getty Images)
Crops, Markets, Reuters

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 […] Read more
File photo of a vessel being loaded with grain at a Ukrainian port. (3DFOX/iStock/Getty Images)
Crops, Markets, Reuters

Czech farmers say Ukraine imports squeezing them out of EU grain markets

Government not planning import ban

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Prague | Reuters — Czech farmers have 40 per cent more grains in stock than a year ago as surging Ukrainian exports to European markets have replaced Czech exports, the country’s Agriculture Association said on Tuesday, warning of a potential squeeze in storage capacity. The comments by the lobby group are the latest sign of […] Read more
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, Reuters

Russia says Black Sea grain deal may be nearly over

Ukraine and UN to blame for backlog of ships, Russia alleges

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Moscow | Reuters — Russia on Thursday said there would be no extension of the U.N.-brokered Black Sea grain deal beyond May 18 unless the West removed a series of obstacles to the export of Russian grain and fertilizer. The Ukraine grain Black Sea export deal was brokered by the United Nations and Turkey in […] Read more
(Dave Bedard photo)
Crops, Reuters, Spring Wheat

Cargill plans to halt grain export activities in Russia

Viterra also set to halt grain trading in Russia, sources say

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Moscow/Chicago | Reuters — Cargill said Wednesday it would take a further step back from the Russian market by stopping handling Russian grain from its export terminal from July, although its shipping unit will continue to carry grain from Russian ports. Most international grain traders have stopped new investment in Russia since last year following […] Read more
Commercial vessels –including vessels which are part of the Black Sea grain deal — wait to pass the Bosphorus strait off the shores of Yenikapi during a misty morning in Istanbul, Turkey on Oct. 31, 2022. (Photo: Reuters/Umit Bektas)
Crops, Reuters

Insurers covering Ukraine grain corridor shipments for now

More clarity needed soon, Lloyd's exec says

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London | Reuters — Insurers continue to cover grain shipments from Ukraine through a United Nations-backed corridor although more clarity will be required soon, a senior Lloyd’s of London official said on Thursday, after the export accord was renewed for at least 60 days. The deal allowing the safe wartime export of Ukrainian grain from […] Read more
Commercial vessels –including vessels which are part of the Black Sea grain deal — wait to pass the Bosphorus strait off the shores of Yenikapi during a misty morning in Istanbul, Turkey on Oct. 31, 2022. (Photo: Reuters/Umit Bektas)
Crops, Reuters

U.S. pushes back against Russian demands linked to Ukraine grain deal

Russian food, fertilizer already carved out from sanctions, U.S. says

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United Nations | Reuters — The United States pushed back on Russian demands that Western sanctions be eased before it allows Ukrainian Black Sea grain exports beyond mid-May, saying there were no restrictions on Russian agricultural products or fertilizer. Moscow’s demands include allowing the Russian Agricultural Bank to return to the SWIFT banking system and […] Read more
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, Reuters

Ukraine Black Sea grain deal extended for at least 60 days

UN, Turkey not yet specifying extension's duration

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Ankara/United Nations | Reuters — A deal allowing the safe Black Sea export of Ukrainian grain was renewed on Saturday for at least 60 days — half the intended period — after Russia warned any further extension beyond mid-May would depend on the removal of some Western sanctions. The pact was brokered with Russia and […] Read more

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