Ukraine is desperately trying to export its vast stores of grain by road, river and rail to help avert a global food crisis but has no chance of hitting its targets unless Russia's blockade of its Black Sea ports is lifted, a government official said.
The Kremlin on Thursday said the West only had itself to blame for a brewing food crisis due to problems getting Ukraine's grain out to world markets, demanding the United States and its allies scrap what it cast as illegal sanctions.
Deere & Co (DE) has sold its tractors and other equipment to farmers for decades, but the world's largest agriculture machinery manufacturer is tearing a page from the technology world's playbook - combining cutting-edge hardware with software and subscription models to drive revenue growth.
Deere & Co (DE) has sold its tractors and other equipment to farmers for decades, but the world's largest agriculture machinery manufacturer is tearing a page from the technology world's playbook - combining cutting-edge hardware with software and subscription models to drive revenue growth.
Oil's bull run is taking little notice of the strong U.S. dollar, breaking crude's historical inverse link to the greenback and giving analysts confidence it has further to go based on current market fundamentals. A strong dollar typically weighs on oil prices because it makes the commodity more expensive for holders of other currencies, potentially hurting demand for crude.
Oil's bull run is taking little notice of the strong U.S. dollar, breaking crude's historical inverse link to the greenback and giving analysts confidence it has further to go based on current market fundamentals. A strong dollar typically weighs on oil prices because it makes the commodity more expensive for holders of other currencies, potentially hurting demand for crude.
British foreign minister Liz Truss accused Russian President Vladimir Putin of holding the world to ransom over food, responding to a question about whether she supported lifting sanctions in exchange for grain exports from Ukraine.
Ankara is in negotiations with Moscow and Kyiv to open a corridor via Turkey for grain exports from Ukraine, a senior Turkish official told Reuters on Thursday. Ukraine's Black Sea ports have been blocked since Russia invaded in February and more than 20 million tonnes of grain are stuck in silos there.
At west London's Hooked Fish and Chips, Bally Singh is struggling to keep the tills ringing for a British tradition, with prices sky-rocketing for fish, potatoes, cooking oil and even the flour used for the batter the dish is cooked in. Cranking up their bubbling oil friers only to see customers stay at home, Singh and thousands of other normally thriving "chippies" across the island nation are...
The U.S. Department of Agriculture will temporarily cover the cost of baby formula for low-income families dependent on government discounts in states contracted with formula makers Nestle SA and Reckitt Benckiser Group's Mead Johnson, the agency said Wednesday.
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