Articles Tagged with ''russia''

The USDA announced Monday that China purchased more than 1 million metric tons of U.S. corn, adding to the buying spree from tight U.S. stocks as the Russian invasion continues to hobble Ukrainian exports.

Kees Huizinga has been farming near Kyiv, Ukraine, for 20 years and he’s determined to continue this year even as Russian bombs fall nearby, diesel fuel and other inputs are increasingly sparse and he sees little hope of being able to sell his crops.

The years-long drive by the European Union to promote agricultural conservation and sustainability at the cost of production has been thrown off the rails as the Russian invasion of Ukraine threatens food security in countries that need access to affordable grains.

Barges full of Moroccan phosphate that arrive in New Orleans are still moving up the Mississippi River, but that fertilizer isn’t for U.S. farmers. Countervailing duties the U.S. slapped on Moroccan phosphate giant OCP last year make that impossible, so the much-needed farm input is going to Canada instead.

The Canadian Pacific Railway, which plays a vital role in getting potash fertilizer to U.S. farmers, says it will lock out employees Sunday if an agreement isn’t reached with union leaders who have threatened to go on strike.

Global corn and wheat supplies are going to get tighter this year as the invasion of Ukraine threatens to all but halt the country’s ability to plant and harvest corn and wheat in the coming months.

The Russian government is suspending the export of wheat, rye, barley and corn to ex-Soviet countries.

Russia’s invasion of Ukraine could raise grain prices as much as 20% while boosting fertilizer prices another 13% and further inflating food costs, the UN Food and Agriculture Organization warns.

Dozens of European environmental and other non-government organizations are trying to head off any re-evaluation of the Farm to Fork Strategy to address the impact of the war in Ukraine.

USDA increased its forecast for global wheat stocks despite the war in Ukraine but also cautioned that the Russian invasion had “significantly increased the uncertainty” of agricultural supplies and demand around the world.