Articles tagged under: Russia
Efforts Underway to End Blockade
Published June 6, 2022
A pro-government Russian newspaper is reporting the blockade at the Port of Odessa will be lifted to allow grain exports to leave Ukraine. The Turkish military will clear mines and escort the ships in neutral waters. Russian warships will then…Trying to Get a Handle on Ukrainian Ag Production
Published June 6, 2022
Ever.Ag market analyst Cole Adams says grain traders are trying to predict global supplies and what happens between Russia and Ukraine. "Traders are thinking about worst case scenarios. They are positioning themselves in case the meeting goes well," says Adams.…Russia Fertilizer Export Quotas Set Through End of Year
Published June 6, 2022
The Russian government set export quotas for fertilizer through the end of the year. The decision to extend export quotas is designed to prevent domestic shortages of fertilizer. Russia continues to sell fertilizer to South America and Asia despite western…An Attempt to Normalize Shipments from Black Sea Region
Published June 1, 2022
The United Nations is trying to facilitate grain and fertilizer exports out of Russia. A senior United Nations official describes the meetings in Moscow as “constructive.” UN officials have also been in Washington, D.C. for negotiations on the same topic.…Using Food as a Weapon
Published May 20, 2022
Secretary of State Antony Blinken claims Russia is using food as a weapon in its war against Ukraine. In a speech before the United Nations Security Council, Blinken said Russia is also holding the food supply “hostage” by blocking exports…Addressing Food Security
Published April 22, 2022
The United States and other G7 and G20 countries are developing a plan to respond to the food security crisis caused by Russia’s invasion of Ukraine. A group of agricultural ministers and financial experts, including U.S. Treasury Secretary Janet Yellen,…Ag Shipments Stuck in Black Sea Ports
Published April 18, 2022
Due to the Russian blockade, more than 80 shipping vessels are stuck in Ukrainian seaports. Most of those ships are carrying ag commodities. The agriculture ministry is estimating 1.25 million tons of grains and oilseeds are stuck on these ships…Uncertain Market Surrounding Grains and Livestock Feed
Published March 23, 2022
Feeder cattle auction prices recovered some last week as Live and Feeder futures increased from the lows following the outbreak of war in Ukraine. Oklahoma State University Livestock Marketing Specialist Derrell Peel says the market is just uncertain. "We just…Geopolitical Events Continue to Effect the Marketplace
Published March 19, 2022
The suspension of agricultural exports from Ukraine and parts of Russia means other countries are looking to fill their needs elsewhere. StoneX Group Chief Commodities Economist Arlan Suderman thinks it will be tricky for countries to do business with Russia.…