Daily Network News

More News →

Tag Archives exports

File photo of a bulk port facility in Ukraine. (Olivia Sabeskaya/iStock/Getty Images)
Crops, Markets, Reuters

Turkey says Ukraine grain ships could avoid mines

Russia offers safe passage

By ,
Reading Time: 2 minutes Ankara/United Nations | Reuters — Russia on Wednesday said it has offered “safe passage” for Ukraine grain shipments from Black Sea ports but is not responsible for establishing the corridors and Turkey suggested that ships could be guided around sea mines. Ukrainian grain shipments have stalled since Russia’s invasion and ports blockade, stoking global prices […] Read more
File photo of Ukraine’s Agriculture Minister Mykola Solskyi at a “Global Food Security Call to Action” meeting of foreign ministers at United Nations headquarters in New York, on May 18, 2022. (Photo: Reuters/Eduardo Munoz)
Crops, Markets, Reuters

Russia’s war may deprive world of three Ukrainian wheat harvests, minister says

'Significant' decline expected in winter wheat acres

By
Reading Time: 3 minutes Kyiv | Reuters — Russia’s invasion of Ukraine will create a global wheat shortage for at least three seasons by keeping much of the Ukrainian crop from markets, pushing prices to record levels, Ukraine’s agriculture minister told Reuters. Ukraine, sometimes known as Europe’s breadbasket, has had its maritime grain export routes blocked by Russia and […] Read more
File photo of Black Sea port facilities at Odesa, Ukraine. (Leskas/iStock/Getty Images)
Crops, Markets, Reuters

Biden touts grain silos on Ukraine border to help exports

Kyiv wants ports open

By
Reading Time: 2 minutes Reuters — U.S. President Joe Biden said Tuesday that temporary silos would be built along the border with Ukraine in a bid to help export more grain and address a growing global food crisis. Since the Russian invasion and blockade of Ukrainian Black Sea ports, grain shipments have stalled and more than 20 million tonnes […] Read more
CME June 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle bounce back on bargain buying

July hogs touch six-day high, end lower

By
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished higher on Tuesday in a rebound from recent losses, brokers said. However, concerns about the risk of beef demand falling due to U.S. inflation continued to hang over the market, analysts said. They warn rising prices may increasingly push consumers to eat cheaper food […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Rains enhance demand for grass cattle

Deferred cattle futures showing strength

By
Reading Time: 2 minutes Compared to last week, western Canadian yearling markets traded $2-$3 on either side of unchanged; steer calves under 700 lbs. were steady to $2 higher on average; heifer calves were steady to $5 higher. Southern Alberta, along with the western half of Alberta, received 30-40 mm of rain over the week which enhanced demand for […] Read more
CBOT July 2022 soybeans (candlesticks) with 20- and 50-day moving averages (yellow and dark green lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Soy futures rally to 10-year top

Corn firm, wheat falls

By
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rallied on Thursday, hitting their highest in nearly a decade and threatening their all-time high on signs of good export demand for U.S. supplies, traders said. Corn futures also rose, with cash market strength underpinning the tight supply situation. Wheat futures fell on improving weather for U.S. and […] Read more
CBOT July 2022 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets, Reuters

U.S. grains: CBOT soybeans, corn, wheat rise

Soy nears 10-year highs

By
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose on Wednesday on expectations that robust demand from both the domestic and export sectors will keep supplies tight until harvest in the fall, traders said. Corn futures were firm on support from strength in the cash market while wheat ended in positive territory after trading both sides […] Read more
Aerial view of the Nika-Tera port terminal at Mykolaiv, Ukraine from a 2020 corporate video. (Nika-Tera video screengrab via YouTube)
Crops, Markets, Reuters

Russian attack destroys warehouses of major Ukrainian port terminal, owner says

By
Reading Time: 2 minutes Kyiv | Reuters — Russian shelling destroyed the warehouses of one of Ukraine’s largest agricultural commodities terminals in the Black Sea port of Mykolaiv over the weekend, authorities and the facility’s owner said Tuesday. The attack came at a time Turkey is trying to develop a U.N.-backed plan to start grain exports from Ukraine’s ports, […] Read more
CBOT July 2022 wheat (candlesticks) with MGEX July 2022 spring wheat (yellow line) and K.C. July 2022 hard red wheat (orange line). (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat futures rally, pull corn higher

Soy also gains; Ukraine grain export prospects dim

By
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures surged 5.1 per cent on Monday, supported by concerns about lengthy disruptions to shipments out of Ukraine as fighting intensified in that key grain export country. The strength in wheat spilled over into the corn market, which was on track to snap a streak of four straight negative […] Read more

Latest Market News

More Market News →