Insights and Stories on Russia

Mar. 29, 2023 at 12:24 pm CDT

Moscow/Chicago | Reuters — Cargill said Wednesday it would take a further step back from the Russian market by stopping handling Russian grain from its export terminal from July, although its shipping unit will continue to carry grain from Russian ports. Most international grain traders have stopped new investment in […]

By Karl Plume, Olga Popova

Mar. 23, 2023 at 8:21 pm CDT

London | Reuters — Insurers continue to cover grain shipments from Ukraine through a United Nations-backed corridor although more clarity will be required soon, a senior Lloyd’s of London official said on Thursday, after the export accord was renewed for at least 60 days. The deal allowing the safe wartime […]

By Jonathan Saul

Mar. 21, 2023 at 7:43 pm CDT

United Nations | Reuters — The United States pushed back on Russian demands that Western sanctions be eased before it allows Ukrainian Black Sea grain exports beyond mid-May, saying there were no restrictions on Russian agricultural products or fertilizer. Moscow’s demands include allowing the Russian Agricultural Bank to return to […]

By Michelle Nichols

Mar. 19, 2023 at 4:21 am CDT

Ankara/United Nations | Reuters — A deal allowing the safe Black Sea export of Ukrainian grain was renewed on Saturday for at least 60 days — half the intended period — after Russia warned any further extension beyond mid-May would depend on the removal of some Western sanctions. The pact […]

By Huseyin Hayatsever, Michelle Nichols

Mar. 17, 2023 at 8:02 pm CDT

Chicago | Reuters — Chicago wheat and corn futures posted weekly gains for the first time in five weeks, ending stronger on Friday on high demand for U.S. corn exports and market jitters over the extension of a wartime Black Sea grain deal. Chicago Board of Trade May soft red […]

By Cassandra Garrison