Articles tagged under: Ukraine

Ukraine to Meet Grain Deal Obligations

Published October 31, 2022

Russia suspended its participation in the Black Sea Grain Initiative after drones attacked ships outside of Crimea over the weekend. Ukrainian President Zelensky said his country would continue to meet the obligations of the United Nations export agreement. The humanitarian…
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Russia Exits UN Grain Deal

Published October 31, 2022

Russia unleashed a widespread attack on Ukraine today. The bombing is focused on Ukrainian infrastructure, including the electricity grid and water supplies. In response to a weekend drone attack, Russia suspended its participation in the Black Sea Grain Initiative. Russia…
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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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Ukraine on Pace to Match Exports

Published August 31, 2022

According to a Reuters report, Ukraine is on course to ship nearly as much grain this month as it did before the Russian invasion in February. Ukraine is set to export as much as four million metric tons of ag…
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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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In Limbo

Published August 9, 2022

The first ship to leave Ukraine since the Russian invasion is now in limbo. The private buyer in Lebanon rejected the shipment, due to the five-month delay in its delivery. The shipper is now looking for another buyer for the…
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