Russia, Ukraine may cut grain crop forecasts as temperatures rise

Moscow/Kiev | Reuters — Major Black Sea wheat exporters Russia and Ukraine may cut their official 2015 grain crop forecasts as recent hot weather has raised the risks to plants and rains elsewhere have delayed the harvest and dented quality, farmers and officials said. Russia and Ukraine’s agriculture ministries have said if hot weather persists […] Read more



Ukrainian N plants to shut, government pressure cited

Kiev | Reuters –– A company controlled by Ukrainian tycoon Dmytro Firtash said Thursday it was closing down its last two nitrogen fertilizer plants in Ukraine because of “unprecedented pressure” from the government which had deprived the plants of gas. A statement by his Group DF said the closure of the Cherkassky Azot and Rivneazot […] Read more

Greek olives on display in a market in Athens. (CIA.gov)

Russia may allow food imports from three EU states

Moscow | Reuters –– Russia may allow around 20 firms from Hungary, Cyprus and Greece to return to its market after it orders the lifting of an embargo on food imports from the European Union, Interfax news agency quoted a senior official as saying on Tuesday. Russia banned foods from the 28-nation EU last year […] Read more






Motherland Monument, Kiev. (CIA.gov)

Ukraine ceasefire may, or may not, weigh on wheat

CNS Canada –– A tentative ceasefire in eastern Ukraine could lead to adjustments in the global grain markets, with softening wheat prices a possibility. Conflict in eastern Ukraine has been an underlying factor in grains and oilseeds markets over the past year, with the uncertainty of the situation providing both bearish and bullish incentives for […] Read more


(Dave Bedard photo)

Cargill likely to stay private, CEO says

Miami | Reuters — Cargill, one of the world’s largest privately held corporations and a top commodities trader, will likely remain private for at least another decade, its CEO said on Tuesday as he assessed challenges facing the 150-year old company. David MacLennan, who has led Cargill for the past 13 months, also revealed that […] Read more

(Monsanto.com)

U.S. grains: Soy falls as export interest shifts

Chicago | Reuters –– Chicago Board of Trade soybean futures dropped to their lowest in nearly three months on Tuesday as export demand for U.S. supplies weakened ahead of what are expected to be record harvests in Brazil and Argentina, traders said. Corn and wheat futures closed firm on a round of bargain buying following […] Read more