Grain and oilseed markets had their ups and downs in 2024, with wars, labour unrest, trade disputes and politics often providing more direction than the traditional supply/demand fundamentals.
Tag Archives Russia
Top agriculture market-moving news stories of 2024
Russian watchdog says winter wheat access to Chinese market a priority in 2025
Securing access for Russia's winter wheat and barley to the Chinese market remains a priority for the coming year, Russia's agricultural watchdog said on Tuesday, even though the market expects Russia's grain harvest and exports to fall.
Ukraine to set up mechanism to supply food to Syria, Zelenskiy says
Leader of Russia's Chechnya says he is ready to ensure wheat supplies to Syria if necessary
Ukrainian President Volodymyr Zelenskiy said on Saturday he had instructed his government to set up supply mechanisms to deliver together with international organizations and partners food to Syria in the aftermath of the fall of President Bashar al-Assad.
Russian grain exports to Syria suspended due to uncertainty
Russian wheat supplies to Syria have been suspended because of uncertainty about the new government and payment delays, Russian and Syrian sources said on Friday, while two vessels carrying Russian wheat for Syria did not reach their destinations.
Russia bans sunflower, corn seeds imports from four countries
The Russian agricultural watchdog has banned imports of sunflower and corn seeds from companies in Chile, France, Hungary, and Turkey, it said on Thursday, in line with Moscow's policy to reduce dependency on seed imports.
Russia to plant more oilseeds as wheat’s profitability falls
Russia may increase the planting of oilseeds next year as farmers look for more profitable crops to replace low-margin crops such as wheat, Russia's main agricultural export, said Dmitry Rylko, head of the IKAR consultancy, on Wednesday.
Pulse Weekly: Prices for Kabuli chickpeas softer to sideways for balance of 2024
Prairie heatwave results in more smaller chickpeas
Prices for Kabuli chickpeas are likely to be softer to sideways heading into the new year, said Colin Young of Midwest Grain Ltd. in Moose Jaw, Sask.
Ukraine introduces minimum export prices for major agricultural goods
Kyiv | Reuters – Ukraine has introduced a new system for exporting key agrarian goods, including grains, which implies a ban on shipping consignments of goods at prices below those set by the agriculture ministry. Ukraine is a major grain and oilseeds grower and exporter and the new system became operational on Dec. 1. The government […] Read more
Putin approves sale of Louis Dreyfus elevator unit in Russia to unnamed buyer
Russian President Vladimir Putin has approved the acquisition of 100 per cent of the shares in a elevator company owned by trading and food processing firm Louis Dreyfus Company (LDC) to an unnamed buyer, a government document showed.
Russian farmers ditch wheat for other crops after heavy losses
Russian farmers say they will sow less wheat after heavy losses this year, switching to more profitable crops such as peas, lentils, or sunflowers.
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