Reading Time: 2 minutes Reuters — The United Nations is “actively engaged” in trying to improve Russia’s grain and fertilizer exports in a bid to convince Moscow to again allow the safe Black Sea export of Ukraine grain, Secretary-General Antonio Guterres said Thursday. “We believe that it’s necessary to create a system of mutual guarantee,” Guterres told reporters on […] Read more
UN working on guarantees for Russia to restore grain deal, Moscow skeptical
Bombing of Ukraine ports, grain facilities erodes other partners' goodwill, Guterres says
Turkey’s Erdogan says Black Sea grain deal can be restored soon
UN seeks to bring Russia back into deal
Reading Time: 3 minutes Moscow | Reuters — Turkish President Tayyip Erdogan said after talks with Russia’s Vladimir Putin on Monday that it would soon be possible to revive the grain deal that the United Nations says helped to ease a food crisis by getting Ukrainian grain to market. Russia quit the deal in July — a year after […] Read more
Putin to meet Erdogan amid push to revive grain deal
Turkey, UN seek to revive grain deal; Russia discussing separate plan
Reading Time: 3 minutes Moscow | Reuters — Russian President Vladimir Putin will hold talks with Turkey’s Tayyip Erdogan on Monday in the Black Sea resort of Sochi as Ankara and the United Nations seek to revive a Ukraine grain export deal that helped ease a global food crisis. Russia quit the deal in July — a year after […] Read more
U.S. grains: Wheat dips after earlier strength
Black Sea supplies weigh on market
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat prices reversed earlier gains to close lower on Friday, as markets weighed tight global stocks against the prospect of hefty Russian wheat production and efforts to renew a Black Sea grain deal. Chicago soybeans and corn also climbed after month-end positioning pushed futures lower much of the week and […] Read more
U.S. grains: Soybeans end month up on crop stress
Wheat down as global supplies weigh on U.S. prices
Reading Time: 2 minutes Chicago | Reuters — Chicago soybeans fell for a third consecutive session on Thursday, but ended the month higher as recent export activity and fears that dry weather damaged crops lent support. Wheat ended lower after trading both sides of even, pressured by plentiful global supplies. Corn ended the day and the month lower after […] Read more
Russia says will have talks with Turkey about alternative to Black Sea deal
Plan calls for Qatar's support to move Russian grain
Reading Time: < 1 minute Reuters — Russian Foreign Minister Sergei Lavrov and Turkish counterpart Hakan Fidan will discuss a proposal by Moscow for an alternative to the Black Sea grain deal when they meet this week, Lavrov’s ministry said Wednesday. Under the plan, Russia would send a million tons of grain to Turkey at a discounted price, with financial […] Read more
Ukraine asks Lebanon to bar Syrian ship carrying ‘stolen’ corn
Corn taken from multiple storage units, Ukraine alleges
Reading Time: 2 minutes Beirut | Reuters — Ukrainian officials on Thursday asked Lebanon to bar a Syrian state-owned cargo ship carrying allegedly stolen Ukrainian grain from docking in Lebanon’s Tripoli port, according to the Ukrainian embassy and a diplomatic note seen by Reuters. The Ukrainian mission said in comments to Reuters that the Finikia was transporting 6,000 metric […] Read more
U.S. grains: Soybeans up as heat risk in focus
Weak demand erodes corn, wheat
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures firmed for a second straight session on Thursday, supported by strong exports and supply uncertainty as hot, dry weather cast uncertainty over U.S. prospects. Corn inched down as the market assessed results from this week’s Pro Farmer crop tour. Wheat eased as traders weighed strong global supplies against […] Read more
Russia hits grain facilities at Ukrainian Danube River port
Some 13,000 tonnes of grain destroyed says Ukrainian deputy prime minister
Reading Time: 2 minutes Reuters – Russian drones struck Ukrainian grain facilities at the Danube River port of Izmail overnight in what a senior official said on Wednesday was a systematic attempt by Moscow to prevent Kyiv exporting grain to the world. Deputy Prime Minister Oleksandr Kubrakov said the port’s export capacity had been reduced by 15% and that […] Read more
U.S. grains: Wheat futures rally on war concerns
Soy jumps on U.S. heat wave; corn up off 2020 low
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures jumped nearly four per cent on Friday as a drone attack on Moscow revived concerns over the risk of war disruptions to Black Sea grain exports, analysts said. Soybean futures advanced for a third session to reach a July high as a hot, dry U.S. […] Read more
A message from April Stewart, Country Guide's Associate Editor
