world ag news

A Chief Market Analyst with Grain Fox believes durum wheat prices won’t spike to 20 dollars a bushel like they did in 2021. Neil Townsend could see durum trade around 15 dollars, but it largely depends on demand around the world. “There’s a big shortage in Tunisia, tight situation in Algeria, big shortage in Morocco, […]

The U-N Food and Agriculture Organization is concerned global food prices are rising since Russia pulled out of a deal allowing Ukraine to ship grain out of Black Sea ports. Vegetable oil prices jumped 12.1 per cent between June and July and sunflower oil prices surged 15 per cent on fresh uncertainties about supplies following […]

Russia attacked a key Ukrainian port today sending global food prices higher.  The attacks halted ships in their tracks as they prepared to arrive there to load up with Ukrainian grain in defiance of a de-facto blockade Russia reimposed in mid-July. Ukraine’s Deputy Prime Minister said warehouses and grain elevators were hit in the attacks and […]