Reading Time: 2 minutes Chicago | Reuters — Chicago wheat futures climbed on Tuesday after a day-earlier slide, underpinned by renewed fears about Black Sea supplies, traders said. Soybeans and corn also firmed, supported by slower-than-expected progress in the U.S. harvest. The most-traded wheat contract on the Chicago Board of Trade (CBOT) gained 63-1/4 cents to $8.93-3/4 a bushel, […] Read more
U.S. grains: Wheat up on new concerns for Black Sea supplies
Corn, soybeans up on slow harvest
Bunge to sell oilseed processing business in Russia
Grain firms scaling back Russian business
Reading Time: < 1 minute Reuters — Agricultural commodities trader Bunge said Monday it has agreed to sell its oilseed processing business in Russia to Karen Vanetsyan, the controlling shareholder of Exoil Group. The sale includes the sunflower processing plant in Voronezh. Bunge and its rivals ADM, Cargill and Louis Dreyfus — part of the so-called ABCD quartet of global […] Read more
U.S. grains: Wheat falls on Russian production outlook
Exports underpin U.S. soybeans
Reading Time: 2 minutes Chicago | Reuters — Chicago wheat fell on Monday on an expected increase in Russia’s crop that will compete with U.S. exports, already hampered by a strong U.S. dollar, traders said. Soybeans were underpinned by Chinese export demand, while corn ended up slightly after two-sided trade on broader economic uncertainty. Chicago Board of Trade most […] Read more
Prairie cash wheat: Putin comments raise wheat bids
Reading Time: 2 minutes MarketsFarm — Comments from Russian President Vladimir Putin brought more uncertainty to Ukrainian wheat shipments, which in turn helped raise western Canadian wheat bids for the week ended Thursday. On Wednesday at an economic forum in the eastern Russian city of Vladivostok, Putin said the Ukrainians were “cheating,” adding that grain shipments from the country […] Read more
U.S. working with U.N. on Russia food, fertilizer export complaints
Black Sea pact up for renewal in November
Reading Time: 2 minutes New York | Reuters — The United States is working with the United Nations to address Russian complaints that sanctions are hindering its food and fertilizer shipments, even though there has been no disruption to Moscow’s exports of the commodities, a senior U.S. official said on Friday. The United Nations, Turkey, Ukraine and Russia agreed […] Read more
U.N., Moscow discuss Russian grain, fertilizer exports
Grain not getting to poorer countries, Putin alleges
Reading Time: 2 minutes United Nations | Reuters — Senior U.N. and Russian officials met in Geneva on Wednesday to discuss Russian complaints that Western sanctions were impeding its grain and fertilizer exports despite a U.N.-brokered deal to boost Russian and Ukrainian shipments of the commodities. The United Nations, Turkey, Ukraine and Russia agreed on July 22 on what […] Read more
U.S. grains: Wheat, corn, soy fall on economic concerns
U.S. Midwest's harvest nears
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell more than four per cent and corn and soybeans slipped on Thursday on mounting concerns about a global economic slowdown, analysts said, just as the Midwest crop harvest nears. Wall Street stocks came under pressure as data showing that U.S. manufacturing grew steadily in August rattled some […] Read more
U.N. chief seeks ‘spirit of compromise’ over Ukraine grain initiative
Deal sees 21 outbound ships so far
Reading Time: 2 minutes Lviv | Reuters — U.N. Secretary-General Antonio Guterres urged Russia and Ukraine on Thursday to show a “spirit of compromise” to ensure the continued success of a U.N. brokered deal that enabled Ukraine to resume grain exports from its Black Sea ports. Guterres said after talks in the western Ukrainian city of Lviv that 21 […] Read more
U.S. grains: Corn, soybeans steady
U.S. Midwest rain, Ukraine sea exports add pressure
Reading Time: 2 minutes Chicago | Reuters — Chicago soybeans inched higher on Wednesday, bouncing from two days of declines, though the recovery was limited by rain improving weather forecasts in the U.S. Midwest. Wheat prices fell, pressured by increased export activity from Ukraine, while corn traded near even. The most-active soybean contract on the Chicago Board of Trade […] Read more
Pulse weekly outlook: Chickpea harvest approaches amid low worldwide supplies
Reading Time: 2 minutes MarketsFarm — The harvest for Western Canada’s chickpea crop is about to begin and it comes at a time when worldwide supplies of the pulse are at a low point. Colin Young, manager of Mid-West Grain Ltd. at Moose Jaw, Sask., said there are varying chickpea yields in the western Prairie region, where most of […] Read more
A message from April Stewart, Country Guide's Associate Editor
