Europe

© GettyImages/coldsnowstorm

Agri-ocmmodity market tracker

Missile attacks on Ukraine send wheat prices soaring

By Jane Byrne

Wheat prices leaped, leading a strong session for grain futures, as a massive attack by Russia on Ukrainian ports shattered hopes for the country’s grain exports, reports the CRM Agri team.

© GettyImages/bfk92

Agri-commodity market tracker

Russia withdraws from Black Sea grain export deal

By Jane Byrne

The Black Sea agri-commodities export corridor, which allowed Ukrainian grain and oilseeds to be shipped safely, is now set to expire, after Russia announced it is pausing its participation in the initiative.

BASF citral plant, Ludwigshafen, Germany © BASF

Expanded BASF vitamin A plant in final testing phase

By Jane Byrne

BASF reports that the construction phase of the expansion project for its vitamin A formulation plant at its Verbund site in Ludwigshafen, Germany, ran as scheduled, with the build completed in May.