Insights and Stories on Russia

May. 27, 2022 at 6:52 pm CDT

Chicago | Reuters — Chicago Board of Trade corn and soybean futures rose on Friday, supported by forecasts for rain that could slow the tail end of planting in the U.S. Midwest. Wheat futures also were higher, with traders exiting bearish positions ahead of the U.S. Memorial Day holiday weekend. […]

By Mark Weinraub

May. 26, 2022 at 9:19 pm CDT

Davos, Switzerland | Reuters — Norwegian fertilizer giant Yara says donors urgently need to close the U.N.’s $10 billion food programme funding gap to avoid a catastrophe as sanctions on Russian fertilizers and Ukraine’s grain export problems have created an extreme global shock. “The world has realized that food can […]

By Dmitry Zhdannikov

May. 18, 2022 at 6:28 pm CDT

United Nations | Reuters — U.N. Secretary-General Antonio Guterres said on Wednesday that he is in “intense contact” with Russia, Ukraine, Turkey, the United States and the European Union in an effort to restore Ukrainian grain export as a global food crisis worsens. “I am hopeful, but there is still […]

By Michelle Nichols

May. 18, 2022 at 6:08 pm CDT

Chicago | Reuters — U.S. wheat futures fell sharply on Wednesday following a report about United Nations efforts to restore Ukraine grain shipments and as forecasts of ample Russian supplies added to the impact on sentiment of expectations high prices will curb demand. Corn and soybean futures also slid as […]

By P.J. Huffstutter

May. 16, 2022 at 8:00 pm CDT

Reuters — McDonald’s Corp. on Monday became one of the biggest global brands to exit Russia, laying out plans to sell all its restaurants after operating in the country for more than 30 years following the invasion of Ukraine. The world’s largest burger chain, which owns about 84 per cent […]

By Uday Sampath Kumar