Grain corridor deal extension of 120days

[TOM4CWB]

News reports this morning, a leg down in grain price?


Blessings and Salutations

[Hamloc]

I would certainly agree Tom that this adds a bearish tone to the wheat market.

[TOM4CWB]

Interesting developments...

"4m ago 01:26
US considers sending 100-mile strike weapon to Ukraine
The Pentagon is considering a proposal from Boeing on supplying Ukraine with cheap, small precision bombs fitted onto abundantly available rockets.
This will allow Kyiv to strike far behind Russian lines as the West struggles to meet demand for more arms.
Ukraine is in desperate need of more sophisticated weapons as the war drags on and US and allied military inventories are shrinking.
Boeing's proposed system, Ground-Launched Small Diameter Bomb (GLSDB), is one of about a half-dozen plans for getting new munitions into production for Ukraine and America's Eastern European allies, according to industry sources.
GLSDB could be delivered as early as spring 2023, according to a document reviewed by Reuters news agency and three people familiar with the plan. It combines the GBU-39 Small Diameter Bomb (SDB) with the M26 rocket motor, both of which are common in US inventories.
30m ago 01:01
Will there be a truce between Ukraine and Russia?
As the war in Ukraine enters its tenth month and winter sets in, Russia is reportedly seeking a "short truce" with Ukraine, according to President Volodymyr Zelenskyy.
In an address at the 2022 Halifax International Security Forum this month, Mr Zelenskyy said: "The end of the war does not guarantee peace. Russia is now looking for a short truce – a respite to regain strength.
"Someone may call this the war's end. But such a respite will only worsen the situation."
While it is unclear how formally the Kremlin made the request, we know that a truce would most likely have to come with some conditions.
From Ukraine's standpoint, Russia will have to return all the land it has seized and officially declare an end to the war.
However, Vladimir Putin will most likely not want to leave empty handed and will probably want to capture some territory. He is also likely to demand that Ukraine remain outside NATO.
But what do experts think of a truce right now?
Michael Kofman, director of Russian studies at the CNA think tank, an independent, research and analysis organisation dedicated to the security of the US, said a truce at this stage in the war would favour the Kremlin.
He told CNN: "The only thing a premature truce does is it allows both parties to re-arm.
"And because Russia is the most disadvantaged now, it will benefit Russia the most and then renew the war. So all a truce buys you is a continuation of war. It wouldn't resolve any of the underlying issues of the war."
Meanwhile, defence experts Dr Jack Watling and Nick Reynolds, from the Royal United Services Institute (RUSI) - the UK's leading defence and security think tank - said that even if a compromise were made, there was no evidence that the Russians would keep to any deal struck.
In a piece for the RUSI they wrote: "The problem is that a ceasefire is tactically advantageous for Russia in stabilising its control over the occupied territories, and fails to offer the prospect of the Kremlin reducing its aim of subjugating Ukraine or halting its coercive energy diplomacy against Western Europe.
"Even if a compromise were made, there is no evidence that the Russians would keep to any deal struck, and they would likely use a ceasefire to consolidate control, regroup their forces, and then breach it when their mobilisation had created the opportunity for further offensive operations."
However, General Mark Milley, chairman of the US joint chief of staff, said recently that should the opportunity for a truce arise, it should be seized.
During comments at the Economic Club of New York, he said: "When there's an opportunity to negotiate, when peace can be achieved, seize it."

[TOM4CWB]

https://news.sky.com/story/ukraine-war-latest-nato-poland-missile-article-4-article-5-putin-12541713

[AlbertaFarmer5]

Is this a valid question to be asking?
Easy Newz
@Easynewz
·
57m
19 crude oil vessels hauling #Russian oil have not been granted permission to enter the Bosphorous without proof of insurance.

Could similar issues arise with agriculture products later on? #OOTT

[Livewire]

The grain can supposedly leave the ports if it’s sitting there ready to go but sure seems like there would be problems getting it there from the countryside

Damaged roads- power outages- fuel shortages- and what else slowing it down or stopping it?Just having only the power out shuts it down here. They have WAY more problems there than that

[TOM4CWB]

I saw an interesting news clip from the Ukraine… 2 guys that had their elevator /and farm had been blown up by the Russians…some months ago…

They were instead now busy transloading grains at the Polish border…. Using bags… switching from Ukrainian trains to Polish rail cars quickly… something about 2.5mmt per month was possible….

If there is a will there is a way…..






No wonder The Russians are bombing Ukraine infrastructure… and Putin is angry about the Grain Corridor… more reports of Russians stealing Ukraine grains and trans loading them at sea…are being reported again…

Cheers

[TOM4CWB]

Drones change this war… new stage ???

Expect the unexpected…

[AlbertaFarmer5]

From Twitter, translated from Dutch:
Now the center of gravity of the attacks seems to have shifted to the Odessa region, which suffered more than other regions. Hits in central and eastern Ukraine have led to extensive blackouts, the extent of which has yet to be determined
Hard to export grain without electricity or ports.