Daily Network News

More News →

Tag Archives grain exports

(Omersukrugoksu/iStock/Getty Images)
Crops, Markets, Reuters

Ukraine restores Moldova rail link

Rail line could carry 10 million tonnes of freight per year

By ,
Reuters — Ukraine has restored a rail link to neighbouring Moldova after a 23-year hiatus and the connection could carry 10 million tonnes of freight a year, President Volodymyr Zelenskiy said in a video address on Monday. Although he did not specify what kinds of goods, Ukraine is keen to find new ways to export […] Read more
File photo of a bulk port facility in Ukraine. (Olivia Sabeskaya/iStock/Getty Images)
Crops, Markets, Reuters

U.N. chief seeks ‘spirit of compromise’ over Ukraine grain initiative

Deal sees 21 outbound ships so far

By ,
Lviv | Reuters — U.N. Secretary-General Antonio Guterres urged Russia and Ukraine on Thursday to show a “spirit of compromise” to ensure the continued success of a U.N. brokered deal that enabled Ukraine to resume grain exports from its Black Sea ports. Guterres said after talks in the western Ukrainian city of Lviv that 21 […] Read more
File photo of Black Sea port facilities at Odesa, Ukraine. (Leskas/iStock/Getty Images)
Crops, Reuters

Russia, Ukraine agree to protect Ukraine grain shipping channel

By , ,
London/New York | Reuters — Ships exporting Ukraine grain through the Black Sea will be protected by a 10-nautical mile buffer zone, according to long-awaited procedures agreed by Russia, Ukraine, Turkey and the United Nations on Monday and seen by Reuters. The United Nations and Turkey brokered a deal last month after Russia’s Feb. 24 […] Read more
File photo of a bulk port facility in Ukraine. (Olivia Sabeskaya/iStock/Getty Images)
Crops, Markets, Reuters

Turkey says Ukraine grain ships could avoid mines

Russia offers safe passage

By , ,
Ankara/United Nations | Reuters — Russia on Wednesday said it has offered “safe passage” for Ukraine grain shipments from Black Sea ports but is not responsible for establishing the corridors and Turkey suggested that ships could be guided around sea mines. Ukrainian grain shipments have stalled since Russia’s invasion and ports blockade, stoking global prices […] Read more
Aerial view of the Nika-Tera port terminal at Mykolaiv, Ukraine from a 2020 corporate video. (Nika-Tera video screengrab via YouTube)
Crops, Markets, Reuters

Russian attack destroys warehouses of major Ukrainian port terminal, owner says

By ,
Kyiv | Reuters — Russian shelling destroyed the warehouses of one of Ukraine’s largest agricultural commodities terminals in the Black Sea port of Mykolaiv over the weekend, authorities and the facility’s owner said Tuesday. The attack came at a time Turkey is trying to develop a U.N.-backed plan to start grain exports from Ukraine’s ports, […] Read more
Gavilon in October last year opened a new southern Montana grain elevator, shown here, at Huntley, just northeast of Billings. (Gavilon.com)
Crops, Markets

Viterra to buy Marubeni’s U.S. grain firm Gavilon

Grain handler looking to expand reach in Americas through acquisitions

By ,
Grain firm Viterra’s plans to buy an expanded global reach are about to move forward with a 10-figure deal for the bulk of U.S. ag commodity firm Gavilon’s grain business. Viterra, owned by commodities firm Glencore and two Canadian public-sector pension funds, announced Wednesday it will pay $1.125 billion to buy Omaha-based Gavilon from the […] Read more
File photo of the Port of Montreal. (Guy Banville/iStock/Getty Images)
Crops, Machinery, Markets

Baltic Dry Index hits 12-year high

Canadian grain exports slow either way

By ,
MarketsFarm — Strong demand to move cargo coupled with weather-related shipping constraints in a number of key corridors has helped take ocean freight rates to their highest levels in more than a decade. The Baltic Dry Index (BDI), a major indicator of shipping rates, settled Friday at 4,275 points, marking its highest level since November […] Read more
The Archer Daniels Midland Co. (ADM) logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 3, 2018. Photo: REUTERS/Brendan McDermid
Markets, Reuters

ADM quarterly profit surges amid strong U.S. corn exports to China

By , ,
Reuters – U.S. grain merchant Archer-Daniels-Midland Co on Tuesday reported quarterly profit leapt 52 percent due to strong exports and oilseed crushing margins. The bigger-than-expected earnings sent shares to a two-week high and extended a recovery from the COVID-19 pandemic, which last year hurt demand for the company’s ethanol and food products. Shares were up […] Read more
(PortMetroVancouver.com)
Crops, Markets

Baltic Dry Index at four-month lows

Declining demand seen from China

By ,
MarketsFarm — Ocean freight rates have fallen off of their highs of the past year over the course of the past month, but remain well above the lows hit in the spring when global markets first started reacting to the COVID-19 pandemic. The Baltic Dry Index (BDI), a major indicator of shipping rates, has moved […] Read more

Canadian Cattlemen Presents: Depth of Field

Glacier Farmmedia Podcast

AgCanadaTV

AGCanadaTV: In case you missed it; your national ag news recap for July 18, 2025

Sponsored By:
More Videos →

Latest Market News

More Market News →