Russia may narrow the spread of its grain exports in the new season due to crop problems, keeping supplies to its traditional markets, VTB board member Vitaly Sergeуchuk said.
Tag Archives Russia
Crop woes may lead Russia to narrow grain exports
Russian government says it may declare a nationwide emergency as frost, drought affects crop
EU sets prohibitive tariffs on Russian, Belarusian grain from July
Today European Union trade ministers agreed to impose prohibitive tariffs on cereals, oilseeds and derived products from Russia and Belarus from July 1, a move the bloc said would halt imports of these products.
Prairie Wheat Weekly: Spring wheat bids on the rise
Bids for Canadian Western Red Spring (CWRS) and Canadian Prairie Red Spring (CPRS) wheat varieties were higher for the week ended May 16. The price rises were mainly due to stronger United States wheat futures and weather concerns at home and abroad.
U.S. fertilizer imports helping fund Russian war effort, CF Industries says
Reuters – U.S. agriculture companies have been brisk importers of Russian fertilizer since the 2022 Ukraine invasion, a practice that is unwittingly helping fund Russia’s war against Ukraine, U.S. producer CF Industries CF.N said on Thursday. The U.S. does not impose sanctions directly on Russian fertilizer, which is important to global food supplies and prices. […] Read more
EU plans to hit Russia, Belarus grain imports with tariffs
Commission aims to curb Russian income, prevent market distortions, placate farmers
The European Commission proposed on Friday imposing tariffs on imports of grain from Russia and Belarus in an attempt to prevent Moscow and its ally from distorting EU markets and placate farmers who have protested for months over cheap imports.
Louis Dreyfus withstands commodity price drop to post stable profits
While less chaotic than 2022, war and weather continued to disrupt supply last year
Louis Dreyfus Company's (LDC) profits last year held close to the bumper levels of 2022, with the agricultural commodity giant saying its global trading network helped it withstand falling prices.
Polish farmers backtrack on unblocking Ukraine border crossing, PAP reports
Protesting farmers say they will block Slovakia border against Ukrainian, Russian goods until end of month
Polish farmers increased the number of trucks they let through the Dorohusk border crossing with Ukraine on Wednesday but backpedaled on a promise to unblock it completely, state news agency PAP reported on Wednesday.
Poland may ban Russian agricultural imports, says PM Tusk
Latvia has already implemented a ban
Poland doesn't rule out introducing a ban on agricultural products from Russia, the prime minister said on Thursday during a visit to Warsaw by his counterpart from Latvia, which has already implemented such a ban.
Zelenskiy says Black Sea grain corridor in doubt without US aid
Conservative Republicans in US House of Representatives threatening to block further military aid
New York | Reuters -- Ukraine's President Volodymyr Zelenskiy said on Monday that without new U.S. military aid his country would be unable to defend a Black Sea shipping corridor that has allowed Kyiv to export millions of tons of grain to global markets.
Get urea booked sooner rather than later, trader says
Farmers will want to lock in supplies before seasonal demand kicks in
Glacier FarmMedia – The global urea market is in a period of mixed signals. Buyers in Australia and Southeast Asia made purchases in early January, putting upward pressure on prices. Plus, stocks in North America are relatively low, which is also supportive. On the other side of the coin, China may delay exports until the […] Read more
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