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Crops, Reuters

First Ukraine grain deal ship docks in Turkey

Lebanese buyer refused delivery

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Istanbul | Reuters –– The first grain ship to depart from Ukraine under a U.N.-brokered deal docked in Turkey on Thursday after 11 days at sea, Refinitiv data showed, and the ship’s agent in Turkey said it would continue to Egypt after unloading part of its cargo. The Razoni set sail from Ukraine’s Odesa port […] Read more
File photo of barley being loaded for export at the Black Sea port of Mykolaiv, Ukraine on July 9, 2013. (Photo: Reuters/Vincent Mundy)
Crops, Markets, Reuters

U.N. expects ‘big uptick’ in ships wanting to export Ukraine grain

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United Nations | Reuters — The United Nations expects a “big uptick” in ships wanting to export Ukraine grain through the Black Sea after transit procedures were agreed and a goal of two to five million tonnes a month is “achievable,” a senior U.N. official said Wednesday. Russia, Ukraine, Turkey and the United Nations agreed […] Read more
Crops, Reuters

Ukraine’s first outbound corn cargo refused by buyer

Buyer cites months of delay, embassy says

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Istanbul | Reuters — The Razoni, the first ship to depart Ukraine under a U.N.-brokered deal, is looking for another port to unload its grain cargo as the initial Lebanese buyer refused delivery citing a more than five-month delay, Ukraine’s embassy in Lebanon said Monday. “According to the information provided by the shipper of the […] 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

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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
CBOT December 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and green lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, soybeans slip after Midwest rains

Traders looking ahead to USDA report on Friday

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Chicago | Reuters — U.S. corn and soybean futures eased on Monday as improved weather in parts of the U.S. Midwest’s farm belt boosted harvest prospects for crops stressed recently by high temperatures and dryness. Chicago Board of Trade wheat firmed as the dollar softened, although gains were limited by improving prospects for exports from […] Read more
Mosaic’s mine shaft tower from its K3 facility in southern Sask. Photo: Greg Berg
Markets, Reuters

Mosaic sees fertilizer demand supported by tight crop supplies into 2023

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Reuters – Mosaic Co MOS.N said on Monday it expects tight grain and oilseed markets into 2023, encouraging the continued use of fertilizers despite their surging costs. “The war in Ukraine, high temperatures in North America and Europe, and developing drought conditions in parts of South America highlight the risk for reduced yields globally,” Mosaic said. […] Read more

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