MYSTERIOUS: 4 - You Need To See This

What Caused Wheat to Spike? Will it Pull Corn and Soybeans Along for the Ride?

In today's interview on Markets Now, I discussed how Black Sea export disruptions, Midwest weather forecasts, macroeconomic uncertainty around the Federal Reserve, and resilient cattle fundamentals are driving current agricultural and financial markets.

Barchart · Jul 30

Jaishankar tells Ukraine attacks on Indian seafarers are unacceptable

India unequivocally condemned attacks on commercial shipping and Indian seafarers in the Black Sea. External Affairs Minister S Jaishankar conveyed this stance to his Ukrainian counterpart Andrii Sybiha. The conversation followed the killing of an Indian seafarer in a recent Black Sea vessel attack. Ukraine urged India to play an…

The Economic Times · Jul 30

Wheat Rallying Early on Thursday Amid More Black Sea Strikes

Wheat is trading with contracts posting early double digit gains across most contracts. The wheat complex posted mostly lower trade on Wednesday with the spring wheat contracts holding higher. Chicago SRW contracts were lower on the midweek session with losses of 1 1/2 to 3 1/2 cents. Open interest was...

Barchart · Jul 30

Wheat Pulling Off Early Lows, but Still Under Pressure on Friday

The wheat complex is facing pressure from money coming off the table into the weekend following Black Sea news. Chicago SRW contracts are down 18 to 20 cents at midday. KC HRW futures are down 17 to 18 cents on the day. MPLS spring wheat are falling back 17 to...

Barchart · Jul 24

Oil set for weekly rise amid Red Sea shipping attacks, Kazakhstan output cuts

Oil prices are poised for weekly gains amid Red Sea shipping concerns. Houthi attacks on tankers have raised fears about a key shipping route. Kazakhstan has also temporarily reduced oil output after drone attacks. Its main Black Sea export terminal faced a temporary closure. These disruptions are tightening global energy…

The Economic Times · Jul 24

Sailor dies after Ukraine-bound gas tanker ‘struck by drones’ in Black Sea

IN FULL

The Independent UK · Jul 23

India urges caution for ships entering Black Sea

India issued a security warning for ships in the Black Sea region. This advisory follows a recent Russian attack that killed four Indian nationals. The maritime authority urged extreme caution and risk assessments for voyages. Several other attacks involving Indian seafarers have occurred since April. India is a major contributor…

The Economic Times · Jul 23

A sailor dies after a Ukraine-bound tanker catches fire off Romania as officials probe war link

A sailor injured when a Ukraine-bound tanker ship caught fire off Romania’s Black Sea coast has died, Romanian media reported Thursday

The Independent UK · Jul 23

Wheat Rallying on Wednesday Following Black Sea Export Limitations

The wheat complex is posting a sharp rally on Wednesday with support from the Black Sea conflict. Chicago SRW contracts are 25 to 27 cents higher is most contracts on Wednesday. KC HRW futures are leading the rally on Wednesday, up 29 to 31 cents. MPLS spring is posting 20...

Barchart · Jul 22

Foreign Minister S Jaishankar conveys to Russian counterpart Sergey Lavrov India's concerns over safety of Indian seafarers

India's External Affairs Minister conveyed concerns to Russia regarding seafarer safety. This discussion occurred after four Indian crew members died in a Black Sea attack. The ministers also addressed trade, investment, and energy security issues. India previously summoned Russia's charge d'affaires to express grave concerns. The attack on the merchant…

The Economic Times · Jul 22