Reading Time: 2 minutes MarketsFarm – There were sharp increases in durum across Western Canada for the week ended July 27, while spring wheat incurred small to moderate declines. There were gains in Minneapolis spring wheat, while Kansas City and Chicago winter wheat contracts slipped back. At the beginning of the week there were steep increases for wheat as […] Read more
Prairie cash wheat: durum soars as red spring falls back
Steep increases following Russian attacks on Ukrainian ports were gone by mid-week
EU looks to cover transport costs for Ukraine grain exports by land
About 60 per cent of Ukraine's exports were shipped via solidarity lanes when the Black Sea deal was in operation
Reading Time: 2 minutes Brussels | Reuters – The European Union is ready to export almost all of Ukraine’s farm produce via “solidarity lanes” and help cover costs after Russia withdrew from a U.N.-backed Black Sea grain deal, EU agriculture commissioner Janusz Wojciechowski said on Tuesday. Solidarity lanes are rail and road transport connections through EU member states that […] Read more
U.S. grains: wheat soars daily limit as Russia attacks Ukrainian grain ports
E.U. further reduces crop forecast, USDA ratings for soybean and spring wheat declines
Reading Time: 2 minutes Chicago | Reuters – U.S. wheat futures surged 8.6% on Monday, rising their daily maximum at the Chicago Board of Trade (CBOT) after Russia attacked Ukrainian ports and grain infrastructure, including the first attack on Danube River grain warehouses. The attacks targeted a vital export route for Kyiv in an expanding air campaign that Moscow began […] 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
Russian diplomat accuses Ukraine of using Black Sea grain corridor for attacks
Russia says it's negotiating exports of food to countries most in need
Reading Time: 2 minutes Moscow | Reuters – Russian Deputy Foreign Minister Sergei Vershinin on Friday accused Ukraine of using a grain export corridor in the Black Sea to launch “terrorist attacks” against Russian interests, including one this week on the Crimean Bridge. Vershinin was addressing a briefing about Russia’s decision on Monday to quit the year-old Black Sea […] Read more
Russia delivers Black Sea warning as Ukraine decries ‘hellish’ grain port attacks
Russian missiles strike Odesa for second night in a row
Reading Time: 4 minutes Kyiv | Reuters — Russia warned that from Thursday any ships sailing to Ukraine’s Black Sea ports would be seen as potentially carrying military cargoes, as Kyiv accused Moscow of carrying out “hellish” overnight strikes that damaged grain export infrastructure. Russia attacked the Odesa region for the second consecutive night after quitting on Monday a […] Read more
Insurers seen reviewing Black Sea ship cover after Russia quits deal
Last ship covered under deal left Sunday
Reading Time: 2 minutes London | Reuters — Insurers are reviewing whether to freeze cover for any ships willing to sail to Ukraine after Russia on Monday quit a UN-backed deal that allows the export of grain through a wartime Black Sea safe corridor, industry sources said. The agreement, brokered by Turkey last July, aimed to alleviate a global […] Read more
Grain shipping deal can operate without Russia, Zelenskyy says
'Blackmail is not allowed for anyone'
Reading Time: 2 minutes Kyiv | Reuters — The Black Sea grain shipment deal must continue and could operate without Russian participation after Moscow’s withdrawal on Monday, Ukrainian President Volodymyr Zelenskyy said. Ukraine, Zelenskyy said in his nightly video address, was a food source for 400 million people. “Africa has the right to stability. Asia has the right to […] 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
UN waits for Russian answer as Black Sea deal deadline looms
U.S. says Russia using grain deal 'as a weapon'
Reading Time: 2 minutes United Nations | Reuters — UN Secretary-General Antonio Guterres is still waiting for a response from Russian President Vladimir Putin on a proposal to extend a deal allowing the safe Black Sea export of Ukraine grain beyond Monday, a U.N. spokesperson said on Friday. Guterres wrote to Putin on Tuesday asking him to extend the […] Read more