Ukraine grain exports to suffer as Russia blockades Black Sea
The United States will work with allies to find new ways to get Ukrainian grain onto the world market following Russia's decision to effectively blockade its ports again, said an administration spokesman on Monday. Nonetheless, exports from Ukraine, a leading supplier of wheat, corn, and sunflower oil, are sure to decline with the demise of the year-old Black Sea grain agreement, he said.
G7 farm ministers: Expand Ukraine grain exports via the Black Sea
Russia's invasion of Ukraine has had a devastating impact on global food security, said Group of 7 agriculture ministers on Sunday in a communique that called for expansion of Ukrainian grain shipments via a the Black Sea Grain corridor that is exempt from attack.
Winter wheat crop weakens under cold and dry conditions
In the key wheat states of Kansas and Oklahoma, the winter wheat is in significantly poorer condition than it was in late November due to adverse weather in the past month, said Reuters, which compared current ratings with a Nov. 27 report.