Insights and Stories on Russia

Apr. 26, 2023 at 5:08 pm CDT

Geneva | Reuters — Russia’s envoy to the United Nations in Geneva on Wednesday said “no real progress” had been achieved in resolving issues raised by Moscow over the Black Sea grain deal, which is set to expire next month. Separately, Ukraine accused Russia of blocking the passage of four […]

By Gabrielle Tetrault-Farber

Apr. 26, 2023 at 4:50 pm CDT

Mexico City | Reuters — Chicago grains and soybean futures closed lower to mixed on Wednesday, as traders eyed sluggish demand and upcoming U.S. export sales data. Wheat fell on news of ample short-term global supplies, despite the risk that an agreement allowing exports from war-torn Ukraine may end next […]

By Cassandra Garrison

Apr. 26, 2023 at 4:09 pm CDT

MarketsFarm — The three to five inches of rain received Wednesday in Kansas and Oklahoma have put pressure on Kansas City and Chicago wheat prices on the Chicago Board of Trade (CBOT), according to broker Ryan Ettner of Allendale Inc. Added to that, Statistics Canada’s (StatCan) report on prospective plantings, […]

By Glen Hallick - MarketsFarm

Apr. 24, 2023 at 6:27 pm CDT

Chicago | Reuters — Chicago Board of Trade corn futures slumped on Monday to an eight-month low after the government announced that China canceled some purchases of U.S. supplies of the grain. The cancellations, which also weighed on wheat and soybean futures that hit one-month lows on Monday, highlighted concerns […]

By Mark Weinraub

Apr. 24, 2023 at 9:11 am CDT

Reuters — Former Russian president Dmitry Medvedev said on Sunday that if the G7 moved to ban exports to Russia, Moscow would respond by terminating the Black Sea Grain deal that enables vital exports of grain from Ukraine. The Group of Seven (G7) countries are considering a near-total ban on […]

By Reuters