Analysis-US wheat farmers face bleak crop economics as grain oversupply hits
By Heather Schlitz (Reuters) – Profit is growing further out of reach for U.S. wheat farmers and many do not expect to break even in 2024 as ample global supply keeps prices…
Factbox-What are the deals on Ukraine, Russia grain exports?
By Michelle Nichols UNITED NATIONS (Reuters) – The extension of a deal allowing the safe Black Sea export of Ukrainian grain and fertilizers beyond May 18 hangs in the balance after Russia…
Brazil’s JBS swings to loss, citing grain costs and meat oversupply
By Roberto Samora and Ana Mano SAO PAULO (Reuters) – JBS SA, the world’s largest meat company, on Thursday reported a net loss of 1.45 billion reais ($290.2 million) for the first…
Shipments from Ukraine slowing as Black Sea grain deal deadline nears
By Jonathan Saul LONDON (Reuters) – The pace of shipments from Ukraine under a U.N.-backed initiative has slowed as concerns grow over ships getting stuck if a deal is not renewed later…
Russia’s Medvedev warns Moscow will scrap grain deal if G7 bans exports
(Reuters) – Former Russian president Dmitry Medvedev said on Sunday that if the G7 moved to ban exports to Russia, Moscow would respond by terminating the Black Sea Grain deal that enables…
G7 calls for extension, full implementation and expansion of Black Sea grain deal
By Katya Golubkova and Yuka Obayashi TOKYO (Reuters) – The Group of Seven (G7) economic powers called on Sunday for the “extension, full implementation and expansion” of a critical deal to export…
Black Sea grain deal could start winding down next week ahead of ‘expected’ closure
By Michelle Nichols UNITED NATIONS (Reuters) – A deal allowing the safe Black Sea export of Ukraine grain could start winding down next week after Russia said it will not approve any…
Poland, Hungary ban grain and food imports from Ukraine; Kyiv unhappy
WARSAW/BUDAPEST (Reuters) -Poland and Hungary have decided to ban imports of grain and other food from neighbouring Ukraine to protect the local agricultural sector, the two governments said on Saturday, after a…
Ukraine farmers say protests in EU over Ukrainian grain are political
By Pavel Polityuk KYIV (Reuters) – Protests by European farmers are political and shipments of Ukrainian grain are not reducing the profitability of their business, Ukrainian food producers’ union UAC said on…
Russia warns West: we may work around the Black Sea grain deal
By Guy Faulconbridge MOSCOW (Reuters) – Russia warned the West on Friday that unless obstacles to its exports of grain and fertilisers were removed, then Ukraine would have to export grain over…
Viterra plans to exit Russian grain trade – Bloomberg
PARIS (Reuters) – Global grain trader Viterra is planning to stop grain trading in Russia, the world’s largest wheat exporter, Bloomberg News reported on Wednesday, citing people familiar with the matter. This…
Black Sea grain deal talks at ‘critical moment’ -U.S. State Dept
WASHINGTON (Reuters) – U.S. State Department spokesperson Ned Price said on Monday it was a “critical moment” in negotiations on the UN-brokered Black Sea Grain Initiative, which Washington hopes will be extended…
U.N. calls out Ukraine grain deal backlog, urges improvement
By Michelle Nichols UNITED NATIONS (Reuters) – The United Nations on Wednesday called out inefficiencies in the operation of a deal allowing Ukraine Black Sea grain exports, but did not lay blame…
Ukraine grain exports down 29.6% at 23.6 million T so far in 2022/23
KYIV (Reuters) – Ukraine has exported almost 23.6 million tonnes of grain so far in the 2022/23 season, down from the 33.5 million tonnes exported by the same stage of the previous…
Ukraine grain deal unlikely to include new ports in near term – UN aid chief
By Tom Balmforth KYIV (Reuters) – United Nations aid chief Martin Griffiths said on Thursday it was unlikely the Black Sea grain deal would be expanded in the near term to include…
Ukrainian grain exports via Poland rise by 50%, minister says
WARSAW (Reuters) – Around 450,000 tonnes of Ukrainian grain are being transported via Poland monthly, over 50% more than in the middle of the year, Poland’s infrastructure minister said on Wednesday, as…
Ukraine sees less than 3 million tonnes of grain leaving in November – minister
(Reuters) – Exports of Ukraine’s grain will not reach 3 million tonnes in November as Russia tries to limit ship inspections at ports, Ukraine’s Infrastructure Minister Oleksandr Kubrakov said late on Sunday.…
Ukrainian farmers turn to UN-supplied grain sleeves to save their business
KYIV (Reuters) – On a crisp and sunny November morning, Ukrainian farmers lined up to collect U.N.-supplied grain sleeves to store crops over winter as the country faces a significant shortage of…
Ukraine grain export deal resumes days after Russia breaks off
By Ali Kucukgocmen and Pavel Polityuk ANKARA/KYIV (Reuters) – Russia said on Wednesday it would resume its participation in a deal freeing up grain exports from Ukraine, reversing a move that world…
Russian rouble stable after Moscow ditches Black Sea grain deal
(Reuters) – The Russian rouble pared early losses to gain ground on Monday in the first session since Moscow said it would suspend its role in the landmark Black Sea grain deal…
Marketmind: Fed peak rate talk meets China curbs, grain strain
A look at the day ahead in U.S. and global markets from Mike Dolan. A potentially pivotal week for U.S. monetary policy has been given a new twist from fresh ‘terminal rate’…
Exclusive-Mexico to proceed with GMO corn ban, seeks international grain deals -official
By Cassandra Garrison and Adriana Barrera MEXICO CITY (Reuters) – Mexico is considering direct agreements with farmers in the United States, Argentina and Brazil to secure non-genetically modified yellow corn imports, the…
ADM’s profit doubles on high global grain demand
(Reuters) -Grain merchant Archer-Daniels-Midland Co on Tuesday reported a 96% rise in its third-quarter profit, bolstered by high demand and tight global grain supplies. Global grain merchants like ADM tend to thrive…
Russia says grain deal extension ‘directly depends’ on easing restrictions on its exports
(Reuters) – Russia on Monday told a top United Nations representative that the extension of a landmark Black Sea grain deal was dependent on the West easing Russia’s own agricultural and fertiliser…
Ukraine Oct grain exports almost return to pre-war levels – ministry
KYIV (Reuters) – Ukrainian grain exports in the first 17 days of October were just 2.4% lower than in the same period of 2021 despite the closure of several seaports and the…
Laredo Sector Border Patrol agents with the assistance of Canine Timmy discover undocumented individuals sealed inside a grain hopper railcar
LAREDO, Texas – Laredo Sector Border Patrol agents with the assistance of Canine Timmy discover undocumented individuals sealed inside a grain hopper railcar near Hebbronville, Texas. On October 10, Canine Timmy and…
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