Ukrainian producers and exporters should not count on deep-water ports resuming operations any time soon and must focus on available alternatives instead, the analytical department of the country's largest farmers' union UAC said on Tuesday.In recent months, Russia has sharply increased both the number and intensity of its drone strikes on Black Sea port infrastructure in the Odesa region, effectively blocking a route that used to handle 90% of Ukraine's exports…
European wheat fell sharply on Monday, as renewed comments by Turkey about seeking a diplomatic solution to stop war disruption to Black Sea grain shipping drove profit-taking after Friday's contract highs.December wheat, the most-active contract on the Paris-based Euronext…
Chicago corn and wheat futures set fresh multi-year highs on Wednesday as falling expectations for U.S. corn yields and ongoing disruption to Black Sea grain exports maintained uncertainty over global availability.Soybeans were steady as support from corn was tempered by a slide in crude oil…
Over the last five weeks (week 29-33) global grain shipments have fallen 8% y/y, fuelled by a 26% y/y drop in grain exports from the Black Sea as Russian and Ukrainian attacks on ships and port infrastructure have intensified.“A recent proposal…
Attacks on shipping have shut down more than 97% of Russia and Ukraine's grain export capacity in the Azov and Black Sea basin, cutting off a major source of low-cost supplies and helping to drive up global prices.The two major grain exporters…
Euronext wheat rose on Friday to post a weekly gain as a Ukrainian attack on a Russian Baltic port and Moscow's rejection of a possible Black Sea truce intensified concern over reduced exports from Russia and Ukraine.December wheat, the most-active position on Euronext…
Ukraine has sent Russia an offer suggesting they both halt attacks on civilian targets in the Black Sea, a source said, after mounting strikes on vessels and ports there raised fears over global food supplies.The offer to suspend attacks was transmitted by Kyiv via a third party…
Euronext wheat prices extended losses on Tuesday to the lowest level since mid-July as market rumours of talks to halt attacks on vessels in the Black Sea eased concerns about a squeeze on Russian and Ukrainian exports.Sluggish demand for Western European wheat…
Ships are passing smoothly through the Turkish straits to the Black Sea despite heightened concerns about safety, two Turkish government officials told Reuters on Sunday.On Saturday, Bloomberg News reported that Ankara had restricted commercial…
Euronext wheat fell on Thursday as hefty global supplies cooled concerns over war disruption to Black Sea export flows, traders said.December wheat on Euronext was down 1.7% at €227.75 ($262.23) a metric ton by 1623 GMT, giving up gains from Wednesday when it had rebounded from a three-week low…
Alternative grain export routes from Ukraine will reach required capacity at the end of August at the earliest, its agriculture minister said, warning they would cover only half of volumes handled by Black Sea ports disrupted by Russian attacks…
Russia's oil exports from western ports are set to fall in July as repeated Ukrainian attacks in the Black Sea disrupt loadings at Novorossiysk, three sources said, citing shipping and trading data.Exports of Urals, KEBCO and Siberian Light…
Shipowners halted vessel arrivals at Ukraine's Black Sea ports due to intensified Russian strikes, Kyiv said, as President Volodymyr Zelenskiy warned Moscow might escalate attacks in order to block the country's main corridor for grain exports…
Russian wheat export prices surged last week amid difficult shipping conditions in the Black Sea and a new wave of attacks in the Strait of Hormuz, analysts said on Monday.Forecasts for July wheat shipments from Russia continued to fall, even…
A Russian missile strike on a ship carrying corn near Ukraine's southern port of Odesa killed 10 people, Ukrainian officials said on Monday, in the deadliest attack in a weeks-long flare-up of violence in the Black Sea.Russia hit the Golden…
