Articles tagged under: Russia

Russian Grain Harvest Booming

Published October 20, 2022

Russia is expected to reap its largest grain harvest ever in 2022, according to the country’s grain union. According to the Ministry of Agriculture’s forecast, the grain harvest could amount to 150 million tons, including about 100 million tons of…

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Russia May Not Renew Grain Agreement

Published October 13, 2022

Moscow sent a letter of concern to the United Nations regarding the Black Sea grain export agreement currently in place, saying the country is prepared to reject to renewing the deal next month. At least, until additional demands are met.…

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Numerous Market Influences in the Black Sea

Published October 11, 2022

It is unclear if the Black Sea grain deal will be renewed. NDSU Extension Crops Economist Frayne Olson says this is just one of many dynamics at play in the region. There's also a bottleneck at Istanbul due to a…

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Biden Addresses UN General Assembly

Published September 21, 2022

The United States is investing nearly $3 billion to help address global food insecurity. President Joe Biden also spoke about the importance of providing relief to those in need. "We're calling on all countries to refrain from banning food exports…

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USDA Adjusts Ukrainian Export Forecast

Published August 12, 2022

USDA increased global soybean ending stocks increased two million tons. Corn global ending stocks fell slightly and wheat held steady. Ag Resource Company President Dan Basse says there’s nothing new globally other than Ukraine will be exporting 3.5 million metric…

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First Shipment Moves Out of Odesa

Published August 1, 2022

A ship carrying Ukrainian grain left the Port of Odesa for the first time since the Russian invasion. The ship is carrying more than 26,000 tons of corn and is expected to arrive in Istanbul, Turkey on Tuesday for inspection.…

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No End in Sight to Ukrainian Agriculture Crisis

Published July 29, 2022

Due to a lack of resources, Ukrainian farmers planted significantly less corn this year. At the same time, spring wheat seedings inceased significantly. Roman Grynyshyn  estimates winter crops, such as winter wheat and canola, will be only 15-to-20 percent of…

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No Simple Process

Published July 26, 2022

The Black Sea ports of Odesa and Mykolaiv have the largest capacity to handle grain and grain products. Frayne Olson, the grains marketing economist at NDSU Extension, remains concerned about safety. "There has to be some clearing of the mines…

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Traders Remain Skeptical About Black Sea Grain Movement

Published July 24, 2022

Global Commodity Analytics and Consulting President Mike Zuzolo remains skeptical about a safe grain shipping corridor being established in the Black Sea for Ukrainian grain exports. "A paper agreement to move grain out of the Black Sea ports may not…

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Grain Markets Trade Lower Tuesday

Published July 19, 2022

Summit Commodities market analyst Tim Marsh says there are a number of factors dragging down the grain markets on Tuesday. "One would be the potential agreement between the Russians and Ukrainians to open up export corridors through the Black Sea,"…

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