Insights and Stories on Grain Exports

Jun. 7, 2022 at 6:13 pm CDT

Kyiv | Reuters — Russian shelling destroyed the warehouses of one of Ukraine’s largest agricultural commodities terminals in the Black Sea port of Mykolaiv over the weekend, authorities and the facility’s owner said Tuesday. The attack came at a time Turkey is trying to develop a U.N.-backed plan to start […]

By Pavel Polityuk

Jan. 26, 2022 at 6:52 pm CST

Grain firm Viterra’s plans to buy an expanded global reach are about to move forward with a 10-figure deal for the bulk of U.S. ag commodity firm Gavilon’s grain business. Viterra, owned by commodities firm Glencore and two Canadian public-sector pension funds, announced Wednesday it will pay $1.125 billion to […]

By Dave Bedard

Sep. 17, 2021 at 7:17 pm CDT

MarketsFarm — Strong demand to move cargo coupled with weather-related shipping constraints in a number of key corridors has helped take ocean freight rates to their highest levels in more than a decade. The Baltic Dry Index (BDI), a major indicator of shipping rates, settled Friday at 4,275 points, marking […]

By Phil Franz-Warkentin

Jul. 28, 2021 at 9:10 am CDT

Reuters – U.S. grain merchant Archer-Daniels-Midland Co on Tuesday reported quarterly profit leapt 52 percent due to strong exports and oilseed crushing margins. The bigger-than-expected earnings sent shares to a two-week high and extended a recovery from the COVID-19 pandemic, which last year hurt demand for the company’s ethanol and […]

By Arunima Kumar, Tom Polansek

Nov. 5, 2020 at 7:02 pm CST

MarketsFarm — Ocean freight rates have fallen off of their highs of the past year over the course of the past month, but remain well above the lows hit in the spring when global markets first started reacting to the COVID-19 pandemic. The Baltic Dry Index (BDI), a major indicator […]

By MarketsFarm Team