Reading Time: 2 minutes There were a few tweaks to the latest monthly report from the United States Department of Agriculture released on Nov. 8. The World Agricultural Supply and Demand Estimates not only lowered yields for U.S. corn and soybeans, the department reduced the ending stocks for both.
USDA lowers U.S. soybean/corn yield estimates
Russia’s grain policies help Ukraine secure sales
Reading Time: 2 minutes Russia's curbs on wheat exports have inadvertently helped Ukraine secure lucrative sales to Egypt this week while also inflating prices for the world's top importer, traders said.
Russia accuses UK of using Black Sea corridor to supply Ukraine with arms
Reading Time: < 1 minute Russia on Wednesday accused Britain of using a Black Sea grain corridor to deliver arms to Ukraine, after denying London's allegations that Russian attacks on Ukrainian ports had disrupted crucial grain supplies for other countries.
China seeks stronger soybean ties with Russia
Reading Time: < 1 minute China is willing to cooperate more closely with Russia in the soybean industry, its agriculture ministry quoted an official as saying on Wednesday, without giving any details.
Opinion: BRICS summit shows determination for a new world order – but internal rifts will buy the West some time
Reading Time: 4 minutes There's an internal battle in BRICS over its future direction. This, in turn, creates space and time for the West to exercise more positive and constructive influence in the ongoing process of reshaping the international order.
Putin to examine Black Sea shipping proposals from Turkey’s Erdogan
Reading Time: 2 minutes Russian President Vladimir Putin said his Turkish counterpart, Tayyip Erdogan, had proposed reviving contacts on Black Sea shipping but that he had not yet had time to study the documents.
Russia’s proposed grain exchange for BRICS countries may take years to launch
Reading Time: 2 minutes Russia's proposal for a new international grain exchange could take years to get off the ground even though the plan was welcomed by members of the BRICS group of countries at a summit this week in Kazan in Russia.
BRICS leaders tout grain exchange, joint finance at Russian summit
Reading Time: 2 minutes Leaders of the nations in the BRICS grouping, which accounts for 37 per cent of global economic output, predicted its influence would grow as they met in Russia on Tuesday, outlining common projects ranging from a grain exchange to a cross-border payments system.
Ukraine foreign minister calls for support to stop Russian strikes on its Black Sea ports
Reading Time: < 1 minute Ukrainian Foreign Minister Andrii Sybiha said on Monday he and Turkish President Tayyip Erdogan had discussed safe navigation for shipping in the Black Sea.
Russia seeks more control over global food prices with BRICS grain exchange
Reading Time: 2 minutes Russia is proposing BRICS countries set up a grain exchange that would give Moscow greater control over international prices for its agricultural exports, ahead of a group summit that will be attended by leaders of top global grain producers and buyers.
A message from April Stewart, Country Guide's Associate Editor
