Russia says it expects the Black Sea grain corridor agreement to end on 18 July, though it is willing to keep talking. The Russian deputy foreign minister said that even if the agreement with the UN for Ukrainian grain shipments end, Moscow expects its agreement for exporting Russian grain to continue in force. Meanwhile, Ukraine says its Plan B is for continuing grain exports with or without Russian involvement. Kyiv would basically provide insurance or premium coverage for ships carrying the country’s grain. It isn’t clear that under those circumstances any ship owners would be willing to test Russian intents. At the same time, Russia sinking ships loaded with grain would be seen as a despicable and lowly action, especially if...
Real GDP grew at a 2 percent annual rate in the first quarter of 2026, slightly below the consensus expectation of 2.3 percent but above the 0.5 percent growth in Q4 2025. The GDP number matches the average annualized pace of growth since the peak back in late 2007, right before the Financial P...
An amendment to the U.S. House farm bill, aiming to remove the Save Our Bacon Act language in Section 12006 that would have stripped language to prohibit California’s Proposition 12, Massachusetts’ Question 3, and up to 500 state agricultural laws across the country, was blocked by...
Russian Grain Markets: 20-24 April 2026 During the week in review, the Russian grains market remained volatile with a broadly bullish undertone. However, it remains too early to determine whether this shift is being driven by geopolitical factors or short-term positioning. The market continues...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...
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