Insights and Stories on Ukraine

Mar. 1, 2022 at 7:09 pm CST

Toronto | Reuters — Canada ratcheted up pressure on Russia for its invasion of Ukraine by shutting ports to Russian-owned ships and saying on Tuesday that holdings of all Russian oligarchs and companies in the country are under review. Canada has announced a slew of measures to isolate Russia, including […]

By Alexander Schummer

Mar. 1, 2022 at 6:52 pm CST

Chicago | Reuters — Chicago Board of Trade wheat futures soared by the daily limit to their highest level in almost 14 years on Tuesday as traders feared prolonged disruptions to global supplies following Russia’s invasion of fellow grain exporter Ukraine. Soyoil futures set an all-time high on worries over […]

By Tom Polansek

Feb. 28, 2022 at 6:52 pm CST

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures fell to their lowest level in more than a month on Monday as beef prices weakened and some traders reduced risk amid uncertainty over Russia’s invasion of Ukraine, analysts said. Feeder cattle futures fell to their lowest price since November […]

By Tom Polansek

Feb. 28, 2022 at 5:56 pm CST

Brussels | Reuters — Russia’s invasion of Ukraine and EU sanctions on Moscow will prove painful for farmers, consumers, fertilizer makers and exporters of farm products, the European Commission warned on Monday. Michael Scannell, deputy director-general of the Commission’s agriculture division, said grain buyers should brace for higher prices given […]

By Reuters

Feb. 28, 2022 at 5:26 pm CST

Reuters — Diesel engine maker Cummins Inc. expects “some impact” to its business in Russia and is analyzing and preparing for current and anticipated sanctions, the U.S. truck engine maker said in an e-mailed statement on Monday. Many firms have idled operations in Russia after it invaded Ukraine last week, […]

By Bianca Flowers