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
Deal to resume Ukraine Black Sea grain exports to be signed Friday
As Ukraine grain deal emerges, U.S. aims to ease concerns over Russia sanctions
Reading Time: 2 minutes Washington | Reuters –– The United States on Thursday sought to facilitate Russian food and fertilizer exports by reassuring banks, shipping and insurance companies that such transactions would not breach Washington’s sanctions on Moscow over its invasion of Ukraine. Enabling those Russian exports is a key part of attempts by the United Nations and Turkish […] Read more
Ukraine grain exports deal to be signed next week, Turkey says
Reading Time: 2 minutes Istanbul/United Nations | Reuters –– Russia, Ukraine, Turkey and the United Nations are due to sign a deal next week aimed at resuming Ukraine’s Black Sea grain exports, but U.N. chief Antonio Guterres warned there was still “a long way to go” before there would be peace talks to end the war. Turkish defence minister […] Read more
Food crisis will drive record displacement levels higher, UN refugee chief says
Reading Time: 2 minutes Geneva | Reuters — A food security crisis stoked by the Ukraine war is set to push more people to flee their homes in poorer countries, driving record levels of global displacement even higher, the head of the U.N. refugee agency (UNHCR) said. A report by the U.N. body showed on Thursday that some 89.3 […] Read more
Turkey says Ukraine grain ships could avoid mines
Russia offers safe passage
Reading Time: 2 minutes Ankara/United Nations | Reuters — Russia on Wednesday said it has offered “safe passage” for Ukraine grain shipments from Black Sea ports but is not responsible for establishing the corridors and Turkey suggested that ships could be guided around sea mines. Ukrainian grain shipments have stalled since Russia’s invasion and ports blockade, stoking global prices […] Read more
U.N. aid chief in Moscow to discuss Ukraine grain exports
Russia says will guarantee grain vessels' safety
Reading Time: 2 minutes Reuters — U.N. aid chief Martin Griffiths is in Moscow on Thursday and Friday to discuss clearing the way for exports of grain and other food from Ukraine’s Black Sea ports, a U.N. spokesperson said. Griffiths will meet Russian officials days after another senior U.N. official, Rebecca Grynspan, had “constructive” talks in Moscow with Russian […] Read more
U.N. had ‘constructive’ talks in Moscow on Russian grain, fertilizer exports
U.S. could offer 'comfort letters' to shippers, insurers
Reading Time: 2 minutes United Nations | Reuters — A senior U.N. official had “constructive discussions” in Moscow with Russian First Deputy Prime Minister Andrei Belousov on facilitating Russian grain and fertilizer exports to global markets, U.N. spokesman Stephane Dujarric said on Tuesday. The U.N. official, Rebecca Grynspan, is now in Washington for talks on the same issue “with […] Read more
U.S. grains: Wheat extends fall, soybeans firm
Corn books third week down
Reading Time: 2 minutes Chicago | Reuters — Chicago wheat fell for a third straight session on Friday, retreating further from a two-month high hit earlier this week as technical selling pressured the market, traders said. Corn also eased, as accelerated U.S. planting and news that Argentina may expand an export volume cap weighed. Soybeans gained on strong export […] Read more
U.N. chief in talks on restoring Ukraine grain exports
Contact made amid global food crisis
Reading Time: 3 minutes United Nations | Reuters — U.N. Secretary-General Antonio Guterres said on Wednesday that he is in “intense contact” with Russia, Ukraine, Turkey, the United States and the European Union in an effort to restore Ukrainian grain export as a global food crisis worsens. “I am hopeful, but there is still a way to go,” said […] Read more
U.S. grains: Wheat futures slide on Russian crop exports, U.N. grain talks
Soybeans, corn also pull back on wheat pressure, profit-taking
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell sharply on Wednesday following a report about United Nations efforts to restore Ukraine grain shipments and as forecasts of ample Russian supplies added to the impact on sentiment of expectations high prices will curb demand. Corn and soybean futures also slid as falling wheat prices led profit-taking, […] Read more
A message from April Stewart, Country Guide's Associate Editor
