National Agri-Marketing Association
NAMA Website
Upcoming Events
Chapters
Agri-Marketing Conf
Best of NAMA 2020












UKRAINE'S GRAIN EXPORTS ALL BUT CEASE, TOP DESTINATIONS REPORTED


by Keith Good, U Of Illinois' FarmDoc project

Yaroslav Trofimov reported on the front page of today's Wall Street Journal that, "Russian and Ukrainian officials prepared to meet for the first talks since Moscow began its invasion four days ago, as Ukraine's defenders held on to the capital, Kyiv, and pushed back Russian troops in urban combat in its second-largest city, Kharkiv.

"In a sign of growing tensions with the West over Ukraine, Russian President Vladimir Putin ordered the country's nuclear-deterrence forces to be put on alert.

"Western allies, meanwhile, escalated efforts to counter Russia."

Also in Monday's Journal, Patricia Kowsmann and Ian Talley reported that, "The West is rolling out increasingly tough sanctions on Russia but it is going out of its way to preserve the country's biggest source of revenue: energy exports.

"In the latest example, the European Union said late Saturday that it had agreed with the U.S., the U.K. and Canada to eject some of Russia's banks from the global financial system's payments infrastructure, Swift. The move, if applied to all banks, would be powerful, essentially blocking money transfers in and out of the country. By cutting only some, Western countries are allowing payments, including for energy, to continue through non-sanctioned banks."

To read the entire report click here.


Search News & Articles














Proudly associated with:
American Business Media Canadian Agri-Marketing Association National Agri-Marketing Association
Agricultural Relations Council National Association of Farm Broadcasters American Agricultural Editors' Association Livestock Publications Council
All content © 2022, Henderson Communications LLC. | User Agreement