Insights and Stories on Russia

Mar. 11, 2022 at 5:16 pm CST

Chicago | Reuters — U.S. wheat futures rose on Friday after posting sharp declines in the previous two sessions as traders assessed the latest developments in Russia’s invasion of Ukraine that has disrupted grain shipments. Trading in wheat remained volatile as market participants wrestled with the possible extent of disruption […]

By Mark Weinraub

Mar. 10, 2022 at 3:48 pm CST

It is very difficult to explain what a person feels when they’re awakened at 5 a.m., when a rocket explodes near their house. That’s exactly what I experienced Feb. 24. The first thing I did was fill my car with gasoline. Then we bought a lot of products we thought […]

By Ihor Pavliuk

Mar. 10, 2022 at 9:41 am CST

Reuters — Russia sought on Thursday to retaliate against Western sanctions imposed over its invasion of Ukraine by banning exports of certain goods and agricultural commodities. Exporting telecom, medical, auto, agricultural, electrical and tech equipment, as well as some forestry products, will be banned until the end of 2022. “These […]

By Reuters

Mar. 10, 2022 at 8:32 am CST

Rome | Reuters — In the wake of Russia’s invasion of Ukraine, Italian firms can source durum wheat from Canada, the Italian industry ministry said in a statement following meetings on Wednesday with various firms and associations. The statement added that alternative suppliers for clay, iron and sunflower seeds had […]

By Reuters

Mar. 9, 2022 at 3:05 pm CST

Chicago | Reuters — Chicago wheat futures hit their daily trading limit on the downside for the second straight day on Wednesday, as the U.S. government cut domestic wheat exports and global markets continue to be roiled by supply disruptions stemming from Russia’s invasion of Ukraine. Soybean futures turned lower […]

By P.J. Huffstutter