Insights and Stories on Russia

Jan. 29, 2016 at 12:07 pm CST

Moscow | Reuters — Russia, one of the world’s largest wheat exporters, is not expected to change its current regime of taxes on grain exports, sources said on Friday, following proposals to change them. Concerns over the possibility of tougher limits on Russia’s foreign sales of wheat sent global prices […]

By Michael Hogan, Polina Devitt

Jan. 27, 2016 at 5:41 pm CST

Chicago | Reuters –– U.S. wheat futures fell on Wednesday on fund-driven technical selling and a proposal by Russia’s farm ministry to cut a wheat export tax, which tempered speculation about export restrictions. Corn coasted for the second straight day, while soybean futures rose on dry weather concerns in South […]

By Justin Madden

Jan. 27, 2016 at 5:20 pm CST

Canadian precision agronomy and farm data management firm Farmers Edge plans to keep taking its services to previously underserved acres around the world, with a major cash infusion from a group of its backers. Japanese commodities trading and investment firm Mitsui, Toronto commercial real estate company Osmington and the Green […]

By Dave Bedard

Jan. 27, 2016 at 2:02 am CST

Moscow | Reuters –– Russia’s agriculture ministry is considering introducing an export duty for corn and barley, Russian news agency Interfax reported Wednesday, citing First Deputy Minister Evgenii Gromyko. “We will discuss this question,” he said. Gromyko added that the question was planned to be discussed at a meeting with […]

By Reuters

Jan. 25, 2016 at 4:29 pm CST

Chicago | Reuters — U.S. wheat futures climbed to a one-week high on Monday on short-covering and concerns about the possibility that Russia might limit exports, traders said. Soybeans rose, led by soymeal, while corn ended nearly unchanged. At the Chicago Board of Trade, March wheat settled up six cents […]

By Julie Ingwersen