war Archives - Page 2 of 2

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

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

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

Poland is trying to move Ukraine grain by rail due to Russia’s blockade of Ukrainian sea ports on the Black Sea. Photo: IanChrisGraham/iStock/Getty Images

Reuters

Poland says EU goal for Ukraine grain movement not feasible by July

By GFM Network News June 28, 2022

Warsaw | Reuters – The European Union’s goal to move 20 million tons of grain out of Ukraine by the end of July is not feasible amid little progress in implementing EU and U.S. initiatives to ease logistics problems, the Polish agriculture minister said on Tuesday. Speaking to Reuters in an interview, Henryk Kowalczyk accused […] Read more

Markets, Reuters

Ukraine grain exports 48 per cent down so far in June

By GFM Network News June 22, 2022

Reuters – Ukrainian grain exports in the first 22 days of June fell by 48 per cent from a year earlier to 907,000 tonnes, agriculture ministry data showed on Wednesday. The volumes included 803,000 tonnes of corn, 78,000 tonnes of wheat and 21,000 tonnes of barley, the data showed. Ukraine exported up to 6 million […] 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

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

A POPRAD Close Air Defense Vehicle is seen parked in a farm field near the border of Ukraine, in southeast Poland, Feb. 28, 2022.

Editor's column, Wheat & Chaff

Editor’s Column: War, weather and wheat markets, Part 1

By Kari Belanger April 7, 2022

As I write this, it has been 28 days since the full-scale invasion of Ukraine by Russia. The invasion continues to take a terrible, direct toll on the people of Ukraine. Daily, the direction and events of the war change dramatically as Russia continues its attacks on Ukrainian citizens and infrastructure. Ukraine’s agriculture sector is […] Read more

The Kharkiv Tractor Plant assembly line, during more peaceful times. (Kharkiv Tractor Plant photo)

General, Machinery

Farming behind the lines: Hostages of globalization

By GFM Network News April 4, 2022

Imagine — even if it looks unrealistic — that one day Canada will be cut off from the rest of the world. And all import deliveries to the country will be possible, for example, only through Alaska, only by trains along one route. It sounds absurd, but Ukraine, in the very heart of Europe, is […] Read more

Alberta crop conditions improve: report

U.S. grains: Corn sets contract lows on expectations for big US crop

U.S. livestock: Cattle strength continues

GFM Network News