Articles tagged under: Ukraine
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…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.…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…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…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…Grain Continues to Move Out of Ukraine
Published August 22, 2022
Nearly 30 grain shipments have left Ukrainian Black Sea ports since August 1. That’s when a deal was put together by the United Nations and Turkey to create a humanitarian corridor to move grain out of Ukraine. UN Secretary General…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…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…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.…