Articles tagged under: Russia
Russian Fertilizer Manufacturer to Purchase Brazilian Oil Company
Published February 7, 2022
Russia’s leading fertilizer company, Acron, is purchasing Brazil’s state-run oil company. Acron and Petrobras have been discussing this possibility since 2018. This announcement is expected to be finalized during Brazilian President Jair Bolsonaro’s trip to Russia next week.China-Russia Agreement Secured for Wheat, Barley Trade
Published February 4, 2022
China will now accept wheat and barley imports from all regions of Russia. Previously, China restricted Russian imports due to phytosanitary concerns. China dramatically increased its wheat imports in the past year with most of that business going to the…What Does Russia-Ukraine Dispute Mean for U.S. Wheat?
Published February 4, 2022
The uncertainty between Russia and Ukraine has local wheat growers curious about possible market impacts. Russia is the largest wheat exporter and Ukraine is the third largest in the world. NDSU Extension Crops Marketing Economist Frayne Olson said it’s very…Geopolitical Issues Weigh on the Wheat Complex
Published January 25, 2022
The wheat complex started out this past week stronger based on two factors, the declining quality of winter wheat growing in portions of the United States and the geopolitical conflict in the Black Sea Region. AgResource President Dan Basse believes…Market Influenced by Weather and Global Tension
Published January 24, 2022
South American weather remains a major driver of the corn and soybean markets. Progressive Ag Marketing market analyst Bryan Strommen says the recent rains in the southern parts of Brazil and Argentina were welcome "but there's also a lot of…Russians Responsible for JBS Hack
Published June 3, 2021
The FBI has confirmed the ransomware attack on JBS was made by a Russian criminal organization called REvil. An administration spokesperson said the issue has been discussed with Russian government officials. President Joe Biden and his Russian counterpart, Vladimir Putin,…Russians Blamed for JBS Shutdown
Published June 2, 2021
The FBI investigation into the ransomware attack at JBS indicates it likely originated with a Russian criminal group. The administration has spoken to Russian government officials and this incident will likely be addressed with Biden and Putin meet June 16th…Canola Futures Hits Record High Price
Published October 23, 2020
ICE November canola futures set a new record high of C$550.30 per metric ton during the trading day on Wednesday. Northern Crops Marketing and Investments president Brad Paulson thinks a combination of spread unwinding and rumors of a short sunflower…Moscow Trade Office to Close
Published September 5, 2018
U.S. Wheat Associates will close its Moscow, Russia office on October 1. This trade office has been in place since 1992. The decision was made as part of a restructuring effort to refocus its resources on markets with the most…