CBOT May 2022 wheat (candlesticks) with 20-day moving average (dark green line) and CBOT July 2022 and September 2022 wheat (yellow and orange lines). (Barchart)

U.S. grains: Wheat extends run to 14-year high on Russia-Ukraine supply threat

U.S. studying biofuel waiver to fight food inflation

Chicago | Reuters — Chicago Board of Trade wheat futures galloped to another 14-year high on Thursday as Russia’s invasion of Ukraine increasingly fanned fears of massive disruptions to grain exports from the Black Sea region. Wheat and corn futures advanced by their daily trading limits during a volatile session, though the corn market later […] Read more


A sunflower crop north of St. Adolphe, Man. on Sept. 19, 2021. (Dave Bedard photo)

Sunflower market seeing broad strength

MarketsFarm — Sunflower seed has found itself caught up with the general strength seen in most agricultural markets, with the Russian invasion of Ukraine adding another layer of uncertainty to the market as the two countries are both major world producers. “We believe sunflowers are a very attractive option going into 2022,” said Robert Deraas, […] Read more

Adam Reid. (Photo courtesy Buhler Versatile)

Ag equipment firm Buhler Industries shakes up board table

Rostselmash's Babkin steps down, founder Buhler to retire

Board oversight of Winnipeg farm equipment manufacturer Buhler Industries will now include another of the company’s upper managers, as a co-owner of the company’s Russian parent firm and the company’s founder both step down. Buhler’s board announced Wednesday it has accepted the resignation of Konstantin Babkin, the president and co-owner of Russian holding company Novoe […] Read more


CBOT May 2022 wheat (candlesticks) with Bollinger bands (20,2) and CBOT December 2022 wheat (orange OHLC). (Barchart)

U.S. grains: CBOT wheat hits 14-year peak in volatile trading

Soyoil sets record high before retreating

Chicago | Reuters — Chicago Board of Trade wheat futures rose by their daily limit to a 14-year high on Wednesday as the war in Ukraine raised major concerns about grain supplies that will be available from the Black Sea region. Corn futures reached their highest price since December 2012, when the market set an […] Read more

(Dave Bedard photo)

Bunge says sanctions may have ‘adverse effect’ on Russian operations

Reuters — Global agricultural commodities trader Bunge said continued conflict in Ukraine and stinging sanctions on Russia could have an “adverse effect” on its operations in the breadbasket region. Bunge and rival agribusinesses ADM and Cargill suspended operations in Ukraine last week after Russia invaded its neighbour. But none have stopped their business in Russia […] Read more


(PortMetroVancouver.com)

Canada shuts ports to Russian ships over Ukraine invasion

Russian firms' Canadian holdings also under scrutiny, Freeland warns

Toronto | Reuters — Canada ratcheted up pressure on Russia for its invasion of Ukraine by shutting ports to Russian-owned ships and saying on Tuesday that holdings of all Russian oligarchs and companies in the country are under review. Canada has announced a slew of measures to isolate Russia, including imposing sanctions on Russian President […] Read more

(Cummins.com)

Engine maker Cummins says expects ‘some impact’ in Russia

Deere says will abide by sanctions

Reuters — Diesel engine maker Cummins Inc. expects “some impact” to its business in Russia and is analyzing and preparing for current and anticipated sanctions, the U.S. truck engine maker said in an e-mailed statement on Monday. Many firms have idled operations in Russia after it invaded Ukraine last week, resulting in powerful Western sanctions. […] Read more


File photo of a grain terminal on the Dnieper River in Ukraine. (Konoplytska/iStock/Getty Images)

Ukraine’s ports to stay closed until Russian invasion ends

London | Reuters — Ukrainian ports will remain closed until Russia’s invasion ends, the head of Ukraine’s Maritime Administration said on Monday, adding that the port of Mariupol has sustained damage from Russian shelling. Russia invaded Ukraine on Feb. 24, calling its actions a “special operation.” “The ports will be shut until the end of […] Read more

CBOT May 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)

U.S. grains: Corn limit up on Russia-Ukraine supply fears

Egypt cancels wheat tender amid market turbulence

Chicago | Reuters — Chicago Board of Trade corn futures jumped by their daily limit on Monday, while wheat futures spiked after hitting 13-1/2-year highs on Friday on concerns that Russia’s attack against Ukraine will continue to disrupt grain shipments from the Black Sea region. Soy futures also rallied as the conflict limited vegetable oil […] Read more