Ukrainian Grain Ban Extended By The EU
According to a new Reuters report, a ban on imports of Ukrainian grain to Poland, Slovakia, Hungary, Romania and Bulgaria has been extended by the European Commission until September 15,…
Russia Exports 20% Of All Wheat Exported Globally
In a statement, the Russian agricultural minister has said that his nation has reoriented its exports of agricultural products, diverting them to nations which have not supported Western sanctions against…
Coffee Getting More Expensive As Supply Tightens
Bloomberg is reporting a cup of coffee may be getting much more expensive in the near future, as tighter supplies, combined with the cost of living crisis, and the inflation…
China Ramps Back US Corn Purchases, Shifts To Brazilian Supply
In China, importation of corn from the US has been plummeting, as domestic demand has fallen, and cheaper prices have been available from fellow BRICS member nation Brazil, according to…
Crop Exports From Ukraine Plunge
On Wednesday, Bloomberg reported that Ukrainian grain exports are plunging ahead of the talks this week in Istanbul on extending the Black Sea grain deal. Following the failure of the…
UN Warns Global Food Prices Rising Again
On Friday, the United Nations’ Food and Agriculture Organization (FAO) reported that in April, global food prices grew for the first time in a year. The FAO’s food price index,…
Sugar Prices Hit 11 Year High
This week, raw sugar prices reached an 11-year high, according to trading data. Analysts attribute the spike to adverse weather and major producers experiencing a fall in production On the…
World May Face A Rice Shortage
On Wednesday, CNBC reported that according to a new report from Fitch Solutions, nations around the world are facing the largest shortage of rice seen in 20 years. By the…
Poland And Slovakia Ban Pesticide-Contaminated Ukraine Grain
Citing the risks of local markets experiencing a “destabilization” caused by a flood of cheap food products, Poland has imposed a “temporary ban” on all agricultural and food products from…
UN Seeks To Reconnect Russian Banks To SWIFT System
UN Spokesman Stephane Dujjaric said in a briefing Wednesday that the UN was discussing allowing some Russian banks to re-enter the SWIFT payment system, as a means of helping to…
