Insights and Stories on Russia

Jul. 3, 2023 at 5:42 pm CDT

Reuters — The European Union is considering a proposal for the Russian Agricultural Bank to set up a subsidiary to reconnect to the global financial network as a sop to Moscow, the Financial Times said on Monday. With the bank under sanctions, the move aims to safeguard the Black Sea […]

By Reuters

Jun. 23, 2023 at 7:31 pm CDT

MarketsFarm — Spring wheat prices on the Canadian Prairies experienced sharp upticks while gains for durum were much more subdued. A drop in U.S. wheat ratings fueled the upswing in wheat prices, as dry conditions took further hold with approximately 15 per cent of U.S. spring wheat now in drought. […]

By Glen Hallick - MarketsFarm

Jun. 23, 2023 at 1:14 pm CDT

Kyiv | Reuters — Russia is 99.9 per cent certain to quit a U.N.-brokered deal on the safe wartime passage of Black Sea grain next month because it no longer needs Ukrainian ports to export ammonia, a senior Ukrainian diplomat said. The United Nations and Turkey brokered the Black Sea […]

By Pavel Polityuk

Jun. 20, 2023 at 6:42 pm CDT

Chicago | Reuters — U.S. corn and soybean futures steadied on Tuesday after the market rallied sharply at the end of last week on concerns that hot and dry weather will lead to harvest shortfalls. The market remained underpinned by the most recent forecasts, which remained unfavourable for key growing […]

By Mark Weinraub

Jun. 16, 2023 at 8:03 pm CDT

London | Reuters — South American grain exports are set to overshadow Black Sea shipments this year as doubts grow over a U.N.-backed Ukraine deal and international traders cut commercial activities in Russia, a top executive with major commodities group Cargill said. The Black Sea grain deal, which allows the […]

By Jonathan Saul