Ukraine Archives - Page 29 of 42

CBOT July 2022 corn (candlesticks) with Bollinger bands (20,2). (Barchart)

CBOT weekly outlook: ‘Confluence of events’ keeps corn, soy supported

MarketsFarm — Corn futures at the Chicago Board of Trade hit fresh contract highs on Wednesday, while soybeans also remain well supported with a number of factors likely to keep the grains and oilseeds underpinned going forward. “It’s never just one thing, a confluence of events have taken us up,” said Sean Lusk of Walsh […] Read more

Yuri, a Ukrainian farmer, wears his body armour while preparing to work in a field on April 26, 2022 in the country’s southern Zaporizhzhia region. (Photo: Reuters/Ueslei Marcelino)

Crops, Reuters

Ukrainian farmers don bulletproof vests to plough frontline fields

By GFM Network News April 27, 2022

Zaporizhzhia | Reuters — Ukrainian farmers in the southern region of Zaporizhzhia, which borders the frontline of the military conflict with Russia, are now wearing body armour to plough their fields. A week after the war started, grad rockets — bombs fired via a truck-mounted multiple-launch system — began falling right next door to the […] Read more

Here in Canada, the war caused a shakeup on the board of directors at Buhler Industries, the parent company of Winnipeg-based Versatile (shown above) and Farm King, with the removal of Konstantin Babkin, a public supporter of the Russian action.

Equipment, Machinery

Machinery brands comply with global sanctions against Russia

All major equipment brands suspend shipments to Russia and Belarus

By Scott Garvey April 26, 2022

As virtually the entire western world has moved to hold Russia accountable for its invasion of Ukraine, significant economic sanctions have been levied against the country and its accomplice state, Belarus. The sanctions have significantly isolated the two nations from much of the global economy. That includes cutting them off from western agricultural equipment. CNH […] Read more

Markets, Reuters

ADM, Bunge expected to post strong results as Ukraine war ignites demand

By GFM Network News April 25, 2022

Chicago | Reuters – A string of strong quarterly profits by global agribusinesses Archer-Daniels-Midland Co ADM.N and Bunge Ltd BG.N likely continued in the first quarter despite surging crop costs and global supply chain disruptions triggered by Russia’s invasion of Ukraine, analysts said ahead of earnings releases this week. Both companies capitalized on good oilseed […] Read more

Major exporter wheat production in 2022 is expected to increase by only two million tonnes.

Editor's column, Wheat & Chaff

Editor’s Column: War, weather and wheat markets, Part 2

By Kari Belanger April 25, 2022

In my last column, I wrote about how world wheat markets are being affected by Russia’s invasion of Ukraine and the Prairie weather outlook and planting conditions. In this column, written on April 6, I’d like to look at the overall wheat outlook. As I mentioned in my last column, generally, wheat prices have strengthened […] Read more

File photo of fresh palm fruits and palm oil. (Slpu9945/iStock/Getty Images)

Crops, Markets, Reuters

Indonesia bans palm oil exports as global food inflation spikes

Government under pressure to control cooking oil prices

By GFM Network News April 22, 2022

Jakarta | Reuters — Indonesia, the world’s top palm oil producer, announced plans to ban exports of the most widely used vegetable oil on Friday, in a shock move that could further inflame surging global food inflation. The halting of shipments of the cooking oil and its raw material, widely used in products ranging from […] Read more

CBOT July 2022 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)

Crops, Markets, Reuters

U.S. grains: Soybeans climb on export optimism

Chicago wheat eases on profit-taking

By Julie Ingwersen, GFM Network News April 20, 2022

Chicago | Reuters — Chicago soybean futures rose on Wednesday, with the July contract hitting a two-month high on optimism about export demand for U.S. supplies of the oilseed, analysts said. Corn followed soybeans higher, with front contracts leading the way up in both markets. But wheat futures fell on profit-taking, easing a day after […] Read more

File photo of wheat being loaded onto a bulk vessel at port in Russia. (YGrek/iStock/Getty Images)

Crops, Markets, Reuters

U.S. says sanctions on Russia don’t affect humanitarian aid, ag exports

By Reuters, GFM Network News April 19, 2022

Washington | Reuters — The United States on Tuesday took steps to make clear that U.S. sanctions imposed on Russia over its invasion of Ukraine do not stand in the way of humanitarian assistance and agricultural and medical exports, among other support. The U.S. Treasury Department in a fact sheet outlined that Americans can engage […] Read more

Crops, Markets, Reuters

U.S. grains: Corn pulls back after reaching decade high

Wheat also gives up gains amid profit-taking, traders say

By Tom Polansek, GFM Network News April 19, 2022

Chicago | Reuters — Chicago Board of Trade corn futures ended lower on Tuesday, consolidating below a decade high reached earlier, as traders assessed risks to global supply from the war in Ukraine and a slow start to planting in the U.S. Wheat futures also weakened, with profit-taking pressuring the markets, traders said. The July […] Read more

A farm worker unloads Ukrainian-made fertilizer from a truck on April 5, 2022 to use on a wheat field near the village of Yakovlivka, outside Kharkiv, after it was hit by an aerial bombardment. (Photo: Reuters/Thomas Peter)

Crops

Farming behind the lines: Ukraine’s farmers sow amidst wreckage

Despite their best efforts, however, famine looms as war rages

By GFM Network News April 19, 2022

In early April, Ukrainian soldiers expelled the Russian invaders from the northern regions of Ukraine: Kyiv, Chernihiv and Sumy regions. The wounded enemy left, leaving behind burned-out war machines and the unburied corpses of his soldiers. However, the invaders managed to do a lot of damage. Many of you are probably aware of the atrocities […] Read more

U.S. livestock: Cattle make small gains, hogs slip back

ICE Weekly: Canola correction brightens outlook

U.S. grains: Soybeans extend gains after USDA’s US harvest outlook cut

GFM Network News

U.S. livestock: Cattle make small gains, hogs slip back

ICE Weekly: Canola correction brightens outlook

U.S. grains: Soybeans extend gains after USDA’s US harvest outlook cut

Tag Archives Ukraine

CBOT weekly outlook: ‘Confluence of events’ keeps corn, soy supported

Ukrainian farmers don bulletproof vests to plough frontline fields

Machinery brands comply with global sanctions against Russia

ADM, Bunge expected to post strong results as Ukraine war ignites demand

Editor’s Column: War, weather and wheat markets, Part 2

Indonesia bans palm oil exports as global food inflation spikes

U.S. grains: Soybeans climb on export optimism

U.S. says sanctions on Russia don’t affect humanitarian aid, ag exports

U.S. grains: Corn pulls back after reaching decade high

Farming behind the lines: Ukraine’s farmers sow amidst wreckage

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