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Russia signs grain supply deal with China

A marketing analyst says China’s ties to Russia have been further affirmed with this week’s grain supply contract signing. Angie Setzer co-founder of the grain marketing firm Consus tells Brownfield this type of agreement is not new. “The frame contract itself to me doesn’t mean... Read More.

Russia stalls grain deal talks again

Recent efforts to renew the Black Sea Grain Initiative have once again stalled. “Essentially, we’re at a stalemate,” said Jim McCormick with AgMarket.Net. McCormick says there were discussions at the G20 Summit last week, but Russia has made a list of demands. “The reality is... Read More.

Will Russia return to the Black Sea grain deal?

Russia says it would return to the Black Sea Grain Initiative with Ukraine if certain conditions are met, but an ag economist says that isn’t likely to happen. Arlan Suderman, chief commodities economist with Stone X, says Russia wants its agricultural bank reconnected to... Read More.

Black Sea deal faces uncertain future

The Black Sea Grain Initiative is set to expire on Monday and an ag economist says the deal is not likely to be renewed. Jim McCormick with AgMarket.Net says Russian President Vladimir Putin is frustrated with Turkey after it recently agreed to support Sweden’s... Read More.

Black Sea grain deal deadline looms

Russia has threatened to back out of an agreement that allows Ukraine to export ag products through the Black Sea. Greg McBride with Allendale says Russian officials are frustrated with the Black Sea Grain Initiative and are calling for it to expire. “They are not... Read More.

Black Sea grain deal gets two-month extension

The Black Sea Grain Initiative has been extended for two more months. Jim McCormick with AgMarket.Net tells Brownfield Russia had repeatedly threatened to back out of the agreement. “The market, interesting enough, always seemed to have confidence a deal would get done,” he said. “You... Read More.