Insights and Stories on Black Sea

Feb. 28, 2022 at 4:44 pm CST

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 […]

By Jonathan Saul

Feb. 28, 2022 at 4:35 pm CST

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 […]

By Tom Polansek

Feb. 24, 2022 at 4:56 pm CST

Moscow/Kyiv | Reuters — Ukraine’s military has suspended commercial shipping at its ports after Russian forces invaded the country, an adviser to the Ukrainian president’s chief of staff said, stoking fear of supply disruption from leading grain and oilseeds exporters. Russia earlier ordered the Azov Sea closed to the movement […]

By Gleb Stolyarov, Natalia Zinets, Polina Devitt

Feb. 16, 2022 at 7:10 pm CST

MarketsFarm — Conflicting reports and accounts from the ongoing geopolitical tensions between Russia and Ukraine have had an effect on the markets, especially on the Chicago Board of Trade (CBOT), over the past week. The March Chicago wheat contract had ranged from $7.65 to $8.15 per bushel during the week, […]

By Adam Peleshaty

Feb. 15, 2022 at 8:20 pm CST

Chicago | Reuters — Chicago Board of Trade wheat and corn futures fell on Tuesday as Moscow’s announcement that some of its troops were returning to base after drills tempered investor fears of a Russian invasion of Ukraine that could disrupt Black Sea export flows. U.S. soybeans fell as traders […]

By Christopher Walljasper