Maritime Trade Disruptions Amid Ongoing Russo-Ukrainian Conflict: The Case of Port Pivdenny

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Navigating Through Conflict: Russian Hindrance to Ukraine’s Port Access Amid the ongoing Russo-Ukrainian conflict, the global trading dynamics have taken a significant hit, primarily due to Russia’s ongoing blockade of Pivdenny, Ukraine’s deepest seaport. This unilateral action, with a lack of explanation or prior notice, is exacerbating an already strained situation, adding to the challenges … Read more

US Wheat Crisis: How Kansas Drought and Logistics Woes are Shaping Global Grain Trade

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The Unforeseen Challenges of Kansas Farmers Despite being part of the breadbasket of America, Kansas farmers are now facing an unprecedented crisis. An ongoing drought has severely damaged winter wheat crops to the extent that many farmers are forgoing their harvest altogether. Some have even resorted to employing crop-killing chemicals, aiming to increase their insurance … Read more

The Downward Trend in Rail Deliveries of Grain to the Black Sea Ports

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In the complex environment of international grain trade, the ability to transport grain to ports efficiently and promptly is vital. However, recently, the rail deliveries of grain to the Black Sea ports, notably the Greater Odessa region, have seen a substantial decrease, despite the revival of the grain corridor. Several factors contribute to this critical … Read more

A Comprehensive Look at the History of International Trade

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Early Beginnings of Trade The history of international trade dates back to prehistoric times when prehistoric people traded goods and services to satisfy their respective needs. The first international traders were the merchants of the East Mediterranean coast, who bought and sold goods to other nations as early as 3,000 BC. The Silk Road, a … Read more

Argentina’s External Trade Crisis: Shipping Companies Charging Freight at Source

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The Argentinian foreign trade is facing severe hardships as shipping companies are now charging freights at the source due to a new scheme imposed by the country’s Central Bank. This change is leading to increased costs, endangering the competitiveness of exports, and potentially triggering a wave of layoffs in the logistics sector. Central Bank’s New … Read more

The Global Soybean Market: A Detailed Analysis of Forecasted Production, Stocks, and Market Pressure in 2023/24 MR

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Rethinking the 2022/23 Soybean Market Forecast The United States Department of Agriculture (USDA) experts have made some adjustments in their May report for the Fiscal Year (FY) 2022/23 soybean production and ending stock forecasts. The slight increase in these figures is expected to exert additional pressure on the market quotes in the new season. The … Read more

Rising Wheat Prices Amidst Delayed Planting and Poor Crop Conditions in the U.S

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Wheat prices on global exchanges have seen an uptick of 2-4% at the start of the week, defying the bearish USDA report. The surge can be attributed to the delayed planting and poor state of crops in the United States’ primary agricultural regions, potentially leading to a lower harvest compared to the previous year. U.S. … Read more

Global Sunflower Production on the Rise Amid Market Uncertainties

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Increased Global Sunflower Production According to recent forecasts from the United States Department of Agriculture (USDA), global production of oilseeds, including sunflowers, is set to grow by 7% in the 2023/24 season. This increase is primarily attributed to significant production booms in soybeans in South America and sunflowers in the European Union, Ukraine, and the … Read more

The Dynamics of International Trade: The Disruption of the Grain Agreement by Russia

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The Russian Federation’s Disruption of the Grain Agreement The ongoing grain agreement dispute, primarily involving Russia and Ukraine, is revealing a significant power play in the realm of international trade. According to Ukraine’s Permanent Representative at the UN, Serhiy Kyslytsia, Russia has been manipulating the situation to its advantage, alleging that the grain agreement is … Read more

The UAE’s Pivotal Step Towards Sustainable Fisheries: Embracing the Agreement on Fisheries Subsidies

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As the world grapples with overfishing and depleting fish stocks, a global effort is underway to protect our oceans. The Agreement on Fisheries Subsidies is a significant stride towards healthier oceans and sustainable fishing practices, with the United Arab Emirates (UAE) recently becoming the seventh member of the World Trade Organization (WTO) to formally accept … Read more

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