Ukraine Archives - Page 23 of 42

The Sierra Leone-flagged ship Razoni leaves the sea port in Odesa after restarting grain export, amid Russia’s attack on Ukraine, Ukraine August 1, 2022. Photo: Reuters/Serhii Smolientsev

Ukraine seeks to extend shipping safe passage deal beyond grain

By GFM Network News August 5, 2022

Istanbul/Kyiv | Reuters – Three grain ships left Ukrainian ports on Friday while the first inbound cargo vessel since Russia’s invasion was due in Ukraine to load, as Kyiv called for the safe passage deal to be extended to other cargoes such as metals. The July 22 deal marked a rare diplomatic breakthrough as war […] Read more

Markets, Reuters

‘Glimmer of hope’ as Ukraine grain ship leaves Odesa port

By GFM Network News August 2, 2022

Kyiv | Reuters – The first ship to carry Ukrainian grain through the Black Sea since Russia invaded Ukraine five months ago left the port of Odesa for Lebanon on Monday under a safe passage deal described as a glimmer of hope in a worsening global food crisis. The sailing was made possible after Turkey and the […] Read more

Mosaic’s mine shaft tower from its K3 facility in southern Sask. Photo: Greg Berg

Markets, Reuters

Mosaic sees fertilizer demand supported by tight crop supplies into 2023

By GFM Network News August 2, 2022

Reuters – Mosaic Co MOS.N said on Monday it expects tight grain and oilseed markets into 2023, encouraging the continued use of fertilizers despite their surging costs. “The war in Ukraine, high temperatures in North America and Europe, and developing drought conditions in parts of South America highlight the risk for reduced yields globally,” Mosaic said. […] Read more

A view shows a destroyed building, as Russia’s attack on Ukraine continues, following shelling in Mykolaiv, Ukraine, in this handout picture released July 31, 2022. Photo: Press service of the Mykolaiv Regional Prosecutor’s Office/handout via Reuters.

Reuters

Russian strikes kill Ukrainian grain tycoon; drone hits Russian naval base

By GFM Network News August 1, 2022

Kyiv | Reuters – Russian missiles pounded the southern Ukrainian port city of Mykolaiv on Sunday, killing the owner of a major grain exporter, while a drone strike on Russia’s Black Sea naval base in Sevastopol was launched from within the city in a “terrorist attack,” a Russian lawmaker said. Oleksiy Vadatursky, founder and owner […] Read more

Canola, Markets

ICE weekly outlook: Upticks during a downturn not unusual

By GFM Network News July 28, 2022

MarketsFarm – As prices fall back, an analyst said it’s very common for there to be occasional spike upwards, and that’s exactly what’s been happening to canola. “We’ve come down a long way and having a bit of a rally wouldn’t be unusual,” commented analyst David Derwin of PI Financial in Winnipeg, Man. “After we […] Read more

Forecasts of a heat wave in the U.S. are supporting soy and corn prices. Photo: File

Markets

CBOT weekly outlook: Weather, Ukrainian grain affecting prices

By GFM Network News July 27, 2022

MarketsFarm – Weather-related concerns and questions whether Ukrainian grain will be exported or not were front and centre for traders on the Chicago Board of Trade during the week ended July 26. Ryan Ettner, a broker for Allendale Inc. in McHenry, Ill., said forecasts calling for a heat wave in much of the United States […] Read more

Military officers from Russia, Ukraine, Turkey and members of delegations from both countries and U.N. attend the opening ceremony of a joint coordination centre that will oversee a U.N.-brokered deal to re-open Ukrainian grain exports in the Black Sea, in Istanbul, Turkey, July 27, 2022. Photo: Reuters/Umit Bektas

Cereals, Reuters

Ukraine grain export coordination centre opens in Istanbul

By GFM Network News July 27, 2022

Istanbul | Reuters – Turkish Defence Minister Hulusi Akar on Wednesday unveiled a centre in Istanbul to oversee the export of Ukrainian grains after a landmark U.N. deal last week, with the first shipment expected to depart from Black Sea ports within days. Russia and Ukraine signed the deal, brokered by Ankara and the United […] Read more

Cereals, Reuters

As grain prices fall, food prices to ease first in developing world -U.S. official

By GFM Network News July 26, 2022

Sao Paulo | Reuters – Seth Meyer, chief economist at the United States Department of Agriculture, said on Tuesday weaker commodities prices will take longer to ease food inflation in the United States than in the developing world. Some of the world’s poorest nations were hardest hit by a spike in corn and wheat prices after Russia’s […] Read more

Crops, Markets, Reuters

U.S. grains: Wheat firms after Russian strike threatens Ukraine export deal

By Christopher Walljasper, GFM Network News July 25, 2022

Chicago | Reuters – Wheat prices rallied on Monday after a Russian missile strike on the Ukrainian port of Odesa over the weekend raised doubts about implementation of last week’s agreement to open a corridor for grain exports from Ukraine. Soybean and corn futures followed wheat, supported by forecasts for hot, dry weather across parts […] Read more

Agriculture Minister Marie-Claude Bibeau on July 19 attended an event in Winnipeg marking the 50th anniversary of Cereals Canada with that organization’s CEO Dean Dias. (Dave Bedard photo)

Crops

Direct compensation for fertilizer tariffs not on table

Eastern farm groups call for help ahead of fall seeding

By Dave Bedard, GFM Network News July 25, 2022

Farmers in Eastern Canada who rely on imports of Russian-made fertilizers aren’t going to see direct compensation for the federal government’s general tariff on those products. A clutch of farmer and ag industry groups on July 15 put forward a new request to Ottawa for compensation to farmers “negatively impacted” by a 35 per cent […] Read more

U.S. grains: Soybeans, corn fall on harvest pressure

U.S. livestock: Hog futures slide in technical correction

National Day for Truth and Reconciliation: Acknowledging the past, seeking a better future

GFM Network News