Cargo ships are docked in Ukraine’s Black Sea port of Odesa on Nov. 4, 2016. (File photo: Reuters/Valentyn Ogirenko)

As Ukraine grain deal emerges, U.S. aims to ease concerns over Russia sanctions

Washington | Reuters –– The United States on Thursday sought to facilitate Russian food and fertilizer exports by reassuring banks, shipping and insurance companies that such transactions would not breach Washington’s sanctions on Moscow over its invasion of Ukraine. Enabling those Russian exports is a key part of attempts by the United Nations and Turkish […] Read more










File photo of Black Sea port facilities at Odesa, Ukraine. (Leskas/iStock/Getty Images)

Turkish team to discuss Black Sea grain corridor in Russia this week

Turkey proposes to monitor safe passage

Ankara | Reuters — Ankara’s military delegation will travel to Russia this week to discuss details of a possible safe sea corridor in the Black Sea to export Ukrainian grain, Turkish presidency sources said on Tuesday. Russia’s TASS agency confirmed plans for the talks, citing Kremlin spokesman Dmitry Peskov. Russia’s Feb. 24 invasion of Ukraine […] Read more



CBOT July 2022 wheat (candlesticks) with 20- and 50-day moving averages (purple and black lines), MGEX July 2022 wheat (yellow line) and K.C. July 2022 wheat (orange line). (Barchart)

U.S. grains: Wheat jumps on weaker U.S. dollar

Midwest heat lifts corn, soy

Indianapolis | Reuters — Chicago Board of Trade wheat climbed on Thursday, supported by a weaker dollar and continued uncertainty as Ukraine attempts to move grain exports through the Black Sea. Corn and soybeans firmed as hot, dry weather across the U.S. Midwest threatened to stress recently-planted crops. The most-active wheat contract of the Chicago […] Read more