Reading Time: 4 minutes Kyiv | Reuters – Russia attacked Ukraine’s main inland port across the Danube River from Romania on Wednesday, sending global food prices higher as it ramps up its use of force to prevent Ukraine from exporting grain. The attacks destroyed buildings in the port of Izmail and halted ships in their tracks as they prepared […] Read more
Russia strikes Ukraine’s Danube port, sending global grain prices higher
Port hit on Danube opposite NATO-member Romania; Kyiv says aim is to intimidate shippers considering return
Russia could be ready for Black Sea grain deal talks, but no evidence yet: US
U.S. Ambassador to the U.N. said Russia has to return to Black Sea deal to market fertilizer, make agriculture transactions
Reading Time: 2 minutes United Nations | Reuters – The United States has been told that Russia is prepared to return to talks on a deal that had allowed the safe Black Sea export of Ukraine grain, but “we haven’t seen any evidence of that yet,” the U.S. envoy to the United Nations said on Tuesday. Russia quit the […] Read more
Ukraine says Russia threatened civilian vessels in second week without grain deal
Ukraine has harvested 11.2 million tons of its 2023 grain crop
Reading Time: 2 minutes Kyiv | Reuters – A senior Ukrainian official accused Russia on Friday of threatening civilian vessels in the Black Sea, and urged the international community to condemn what he said were “the methods of terrorists”. Russia last week quit a U.N.-brokered deal allowing Ukraine, a major global grain producer, to safely export its grain via […] Read more
Russia attacks Ukraine’s vital Danube grain export route
Ukrainian foreign minister calls for global response to 'food terrorism'
Reading Time: 3 minutes Kyiv | Reuters – Russia destroyed Ukrainian grain warehouses on the Danube River in a drone attack on Monday, targeting a vital export route for Kyiv in an expanding air campaign that Moscow began last week after pulling out of the Black Sea grain deal. Last week’s attacks mostly struck the sea ports of Odesa […] Read more
Rain in China’s northeast brings relief for corn, drought risk remains
An oversupply of hogs, weak demand are pressuring pork prices
Reading Time: 2 minutes Beijing | Reuters – Recent rainfall in China’s northeastern breadbasket has relieved drought across most of the region, an agriculture ministry official said Friday, but risks remain with the El Nino weather pattern potentially bringing more extreme weather this summer. China is the world’s second-biggest corn producer and about 40 per cent of its crop […] Read more
Black Sea grain deal expires after Russia quits
United Nations says the move would "strike a blow to people in need everywhere"
Reading Time: 3 minutes United Nations/Moscow | Reuters – A deal allowing the safe Black Sea export of Ukraine’s grain for the past year expired on Monday after Russia quit and warned it could not guarantee the safety of ships in a move the United Nations said would “strike a blow to people in need everywhere.” Moscow suggested that […] Read more
How big is your market?
We must get better at understanding that the world’s commodity buyers have a growing range of options
Reading Time: 6 minutes How big is your world? Geographically, this is an easy question to answer with great precision. The diameter of the Earth at the equator is 12,756 km. Its circumference is 40,030 km along the equator, and 40,008 km through the poles. Thus the surface area of our planet is roughly 510 million sq. km. It’s […] Read more
Global markets: U.S. jobless claims rise
Reading Time: < 1 minute CNS Canada — The following is a glance at the news moving markets globally. EGYPT EXPECTED TO IMPORT A WIDER VARIETY OF FOOD — Despite currency issues that have put a damper on imports and created difficulty for small and medium sized businesses in the country, Egypt has said it will be importing a wider […] Read more
Versatility of CWRS key to its global appeal
CWRS distinguishes itself by producing dough that mixes well with good processing and fermentation tolerance for all baking processes
Reading Time: 3 minutes It’s no secret that farmers grow a lot of Canada Western Red Spring wheat. CWRS accounts for more than 75 per cent of Canada’s annual wheat production, and last year a staggering 49 countries imported 13.8 million tonnes. It has a reputation in domestic and international markets for its superior milling and baking quality, but […] Read more
Global Markets: Canadian economy grows for third month
Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, October 30 – The following is a glance at the news moving markets globally. CANADIAN ECONOMY GROWS FOR THIRD MONTH IN A ROW Canada’s economy grew 0.1 per cent in August, for the third consecutive month, Statistics Canada said in a report on Friday. In June the economy rose […] Read more
A message from April Stewart, Country Guide's Associate Editor
