Reading Time: 3 minutes Kyiv | Reuters — The Ukrainian port of Pivdennyi has halted operations because Russia is not allowing ships to enter it, in effect cutting it out of a deal allowing safe Black Sea grain exports, a Ukrainian official said on Tuesday. The Black Sea Grain Initiative signed by Russia and Ukraine last July, and extended […] Read more
Russia preventing Black Sea grain deal port from operating, Ukraine says
Black Sea Grain Initiative was extended last week
Russia denies slowing inspections for Ukraine grain ships
Ukraine alleges slow pace 'probably with intent'
Reading Time: 2 minutes Ankara | Reuters — Russia’s ambassador to Turkey said on Friday that Moscow sends its representatives to more ship inspections in Istanbul per day than mandated under the Black Sea grain deal, rejecting a Ukrainian accusation that Russia is slowing down the process. Ukraine’s grain exports have proceeded more slowly since a U.N.-brokered deal was […] Read more
Deal to resume Ukraine Black Sea grain exports to be signed Friday
Reading Time: 2 minutes Istanbul/United Nations | Reuters — Ukraine, Russia, Turkey and U.N. Secretary-General Antonio Guterres will sign a deal on Friday to resume Ukraine’s Black Sea grain exports, Turkish President Tayyip Erdogan’s office said Thursday. Russia and Ukraine are both major global wheat suppliers, but Moscow’s Feb. 24 invasion of its neighbour has sent food prices soaring […] Read more
Trudeau pledges help for Ukraine to find options to export grain
Turkey's co-operation seen as important, Joly says
Reading Time: 2 minutes Kyiv | Reuters — Canada will help Ukraine work out options on how to export stored grain to address global food security that has been shaken by Russia’s invasion of the country, Prime Minister Justin Trudeau said late on Sunday. Nearly 25 million tonnes of grains are stuck in Ukraine, unable to leave the country […] Read more
Ukraine calls for moves to unblock ports, prevent global food crisis
Russia has mounted a blockade of Ukrainian ports
Reading Time: 2 minutes Kyiv | Reuters — Ukraine’s president called on the international community on Monday to take immediate steps to end a Russian blockade of his country’s ports to allow wheat exports and prevent a global food crisis. President Volodymyr Zelenskiy made his comments in an online post after speaking to European Council President Charles Michel, who […] Read more
Ukraine grain storage shortage adds to farmers’ woes
Reading Time: 2 minutes Zurich | Reuters — Ukraine has insufficient storage capacity even for its reduced 2022 grain harvest, the United Nations’ World Food Programme said Tuesday, with the country struggling to export existing stocks during the invasion by Russia. Jakob Kern, the World Food Programme’s emergency co-ordinator in Ukraine, cited estimates that 20 per cent of planted […] Read more
EU offers farmers aid, more land to grow due to Ukraine war
Reading Time: 2 minutes Brussels | Reuters — The European Union will distribute 500 million euros (C$692 million) to help farmers and allow them to grow crops on fallow land to mitigate food price spikes and potential shortages resulting from Russia’s war in Ukraine. Published on Wednesday, the proposals by the EU’s executive European Commission also include assistance to […] Read more
Moscow retaliates against sanctions with export bans
Reading Time: < 1 minute Reuters — Russia sought on Thursday to retaliate against Western sanctions imposed over its invasion of Ukraine by banning exports of certain goods and agricultural commodities. Exporting telecom, medical, auto, agricultural, electrical and tech equipment, as well as some forestry products, will be banned until the end of 2022. “These measures are a logical response […] Read more
WFP ramps up food aid to Ukraine amid reports of severe shortages
Reading Time: 2 minutes London | Reuters — The World Food Programme said on Friday it is ramping up food aid to war-torn Ukraine, citing reports of severe shortages of food and water in Kyiv, the capital, and the northeastern city of Kharkiv. The U.N. agency said it is in the process of finding partners in Ukraine to help […] Read more
ICE weekly outlook: Analyst sees sharp declines coming for canola
Reading Time: 2 minutes MarketsFarm — Sharp increases in canola and other commodities are said to be coming to an end, according to analyst Errol Anderson of ProMarket Communications in Calgary. Concerns stemming from Russia’s invasion of Ukraine have sparked huge gains, but there’s very likely a good amount of volatility ahead. “The market is being really driven by […] Read more
A message from April Stewart, Country Guide's Associate Editor
