The escalation of military activity around the Red Sea is causing shipping prices on affected routes to skyrocket and global shipping capacity to tighten.
In 2023, a pivotal year of transition unfolded, marked by notable global achievements like COP28 and significant European milestones, including the adoption of ground-breaking legislation such as the EU Deforestation Regulation (EUDR).
Grain markets were mixed on both sides of the Atlantic, as traders await the latest WASDE from the US Department of Agriculture (USDA), which is due to be released on Thursday; they are also weighing up weather linked risks in different regions globally.
A recent USDA attaché report sees improved grain production in Ukraine over the next 12 months, with volumes set to exceed the previous year, particularly for corn.
We spoke to Arlan Suderman, chief commodities economist at the StoneX group, to hear about key developments in both the US and global grain and oilseeds market.
The EU executive arm announced at the end of last week that the import ban on grain and oilseeds from Ukraine in five neighbouring EU countries has expired.
Corn and soybean prices fell after USDA estimates for US supplies were larger than markets had expected, but wheat failed to rise on a deep cut to world inventory hopes, finds CRM Agri.
Further Russian attacks have taken place in Odessa, whilst British Intelligence has issued a warning that the Russian navy are planning to blockade Ukrainian ports, a scenario which could cause wider spread disruption to Black Sea exports, reported CRM...
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.
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.
Grain markets witnessed downward pressure at the end of last week, largely because of rain across key producing regions in the US, as well as easing tensions in the Black Sea region, finds an AHDB outlook.
Despite the recently agreed two-month extension of the Black Sea grain export corridor, it has emerged that dozens of ships are still unable to reach Ukraine for loading with grain exports.
Moscow’s signing up to a third extension of the Black Sea grain export deal, confirmed late Wednesday, keeps open the safe corridor for Ukraine’s grain shipments and removes doubts over access to Russia’s substantial exportable wheat supplies too, commented...
Renewal of the UN brokered Black Sea grain export corridor remains a key watchpoint in markets, with it set to expire on Thursday this week, notes the AHDB.
The EU needs to safeguard market access to essential supplies of feed grains and vegetable protein meals to its feed and livestock sectors, said FEFAC referring to the move by Poland, Hungary, Slovakia, and Bulgaria to impose import restrictions on Ukrainian...
The Ukraine grain corridor agreement, which expired over the weekend, has reportedly been extended, although the details of the terms remain shrouded in ambiguity, noted CRM Agri.
Unresolved talks over the extension of the Ukrainian grain export corridor ensures uncertainty remains in grain markets short and longer term, say analysts.
The escalation of the war between Russia and Ukraine threatens to curb wheat supplies from the Black Sea region in the short-term, finds a AHDB report.
US investment companies, Argentem Creek Partners (ACP) and Innovatus Capital Partners, have issued notification that bankruptcy proceedings have commenced at Olimpex Coupe International in Lviv, Ukraine.
Wheat prices saw record highs in mid-May, before falling notably in recent months, bringing markets back to where they started the year, finds a CRM Agri review.
After a turbulent 2022, with significant geopolitical tensions and high input costs, Alexander Döring, secretary general, European Feed Manufacturers' Federation (FEFAC), looks at what might be in store for the industry in 2023.
The market for non-GMO milk and food of animal origin is still strong in Germany, but demand has fallen off in other European countries, according to a report.
The latest data reveals that grain exports out of Russia gathered some pace in November, with both corn and wheat exports jumping, relative to October, finds CRM Agri.
One of Ukraine’s largest agricultural producers and exporters is calling for the establishment of a ‘financing corridor’ to ensure the viability of the country’s agribusiness sector, post-conflict.
Global grain markets were under pressure at the start of the week, likely due to ongoing concerns surrounding the global economic outlook, improved weather conditions in South America and some pressure on short term Brent crude oil futures contracts,...
There is degree of optimism for an extension of the UN-backed grain corridor deal, which is allowing Ukrainian grain exports ramp up out of the Black Sea.
The impacts of Russia’s invasion are going to change the dynamics of agriculture in Ukraine for years to come, and will inherently impact the global grains and oilseed market, according to insights gleaned from a recent webinar run by AHDB.
EU agricultural production continues to be impacted by the consequences of the Russian invasion of Ukraine, by surging energy prices, increasing input costs and food inflation throughout the EU, according to an outlook released yesterday by the EU Commission.
Louis Dreyfus Company (LDC) generated substantial profits in the first half of 2022, saying it capitalized on its diversified business portfolio and global network to manage global trade challenges and the fall-out from the war in Ukraine.
Animal nutrition can support the transition to sustainable livestock farming, contributing to the EU Green Deal goals and the UN Sustainable Development Goals (SDGs), says FEFAC.
The Port of Tilbury’s grain terminal has completed major construction works with the commissioning of ten metal silos, 30m in height, and a flat store with a combined storage capacity of 36,000 tons.
The American Feed Industry Association (AFIA) has released a review of the US feed and pet food industries, recent challenges, along with potential growth opportunities.
