Kyiv would consider allowing Russian ammonia to transit its territory for export on condition the newly-renewed Black Sea grain deal is expanded to include more Ukrainian ports and a wider range of commodities, a government source told Reuters. The comments are the first time Kyiv has publicly laid out its stance on Russian ammonia, which Moscow wants shipped via the Black Sea under the agreement.
France's largest poultry producer, LDC, warned on Friday that an upsurge in bird flu cases in the southwest might lead to the virus spreading to the country's major producing regions that were ravaged by it last year. Avian influenza, commonly called bird flu, killed hundreds of millions of birds globally last year, disrupting supplies.
- Three employees of the largest agricultural research facility in the U.S. have filed federal whistleblower complaints alleging that the facility's conditions are hazardous to workers and undermine their research, even as farmers are facing pressing issues like climate change, according to documents reviewed by Reuters and interviews with staff.
Chicago corn lost more ground on Friday, trading near a 19-month low hit in the previous session, as disappointing U.S. exports and expectations of large global crops weighed on prices. Wheat was poised for a second weekly drop as an extension of a Black Sea export pact eased concerns over world supplies. FUNDAMENTALS.
Floods that killed at least 13 people in Italy's northern Emilia-Romagna region caused billions of euros' worth of damage and hit agriculture particularly hard, the regional governor said on Thursday.
- Russia confirmed on Wednesday that a deal to allow Ukraine to export its grain safely across the Black Sea, despite Russia's war in Ukraine, had been extended for two months. Foreign Ministry spokeswoman Maria Zakharova said the deal had been extended to help countries in need, but added that Russia's overall assessment of the situation regarding the deal had not changed.
The Ukraine Black Sea grain deal has been extended for two more months, Turkish President Tayyip Erdogan said on Wednesday, one day before Russia could have quit the pact over obstacles to its grain and fertilizer exports.
A deal allowing Ukraine to export grain via the Black Sea expires on May 18, with Kyiv hoping for an extension and Moscow pushing a list of demands in return for its support. WHY IS IT IMPORTANT? Ukraine is a major producer of grains and oilseeds and the interruption to its exports at the outbreak of war pushed global food prices to record highs.
- The Ukraine Black Sea grain deal has been extended for two more months, in what U.N. Secretary-General Antonio Guterres hailed as "good news for the world," a day before Russia could have quit the pact over obstacles to its grain and fertiliser exports. FIGHTING. * Ukraine denied a Russian hypersonic missile had destroyed a U.S.-made Patriot missile defence system during an air strike on Kyiv.
Truterra LLC, the carbon farming and sustainable agriculture unit of Land O'Lakes Inc, paid U.S. farmers $5.1 million in 2022 for capturing and storing 262,000 metric tons of carbon via sustainable practices, the company announced on Wednesday.
News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.
PDF’s require Adobe® Reader® and will open in a new window.
Log In Required
Line of Credit Log In Required