War has taken toll on Ukraine’s grain storage facilities
One out of every six, or about 15%, of Ukrainian crop storage facilities, have been destroyed, damaged or controlled by Russia and its aligned forces since it invaded Ukraine on Feb. 24, according to the Conflict Observatory, an American non-governmental organization.
France, Romania to work together on moving more Ukrainian grain
France plans to work with Romania to increase Ukrainian grain exports to developing countries, Reuters reported.
Largest convoy yet of grain vessels leaves Ukraine
Ukraine dispatched 13 ships from its ports on Sept. 4 carrying 282,500 tonnes of agricultural products, its biggest convoy of grain vessels so far under an UN-brokered deal, Reuters reported.
Black Sea Grain Initiative exports top 560,000 tonnes.
More than 560,000 tonnes of grain has been exported from Ukraine’s Black Sea ports since Russia agreed to lift its naval blockade on July 22, according to the Joint Coordination Centre (JCC).
First Ukrainian grain ship headed to Africa
A ship is nearing Ukraine to pick up wheat for Ethiopia, making it the first food delivery to Africa under an UN-brokered plan to deliver grain trapped by Russia’s war, the Associated Press reported
Rain hurts Russian winter wheat quality
The quality of Russia’s winter wheat crop, which accounts for nearly three-fourths of the nation’s annual production, has taken a hit following recent rains in several regions with more expected this week, Reuters reported, citing Russia-focused agriculture consultancy Sovecon.
Turkey plans to import more wheat in 2022-23
Turkey plans to import more wheat in 2022-23 to meet domestic food and feed demand, strengthen country stocks and meet stable demand from wheat product producers and exporters, according to a report from the Foreign Agricultural Service of the US Department of Agriculture (USDA
First Ukrainian grain ship leaves Odesa under brokered deal
The first ship carrying Ukrainian grain under a deal brokered by Turkey and the United Nations left the port of Odesa on Aug. 1, carrying 26,000 tonnes of corn destined for Lebanon, The Associated Press reported.
Russia may switch grain export tax to rubles
Russia is considering a gradual switch for state export taxes for grains and sunflower seeds from US dollars to rubles at the behest of commodities traders.
Brazil’s soybean production facing fertilizer challenges
Brazil is expected to slow its soybean planting expansion in 2022-23, with just a 0.5% increase year-over-year, down from the 3.8% annual growth rate last year.