NEWS
Fri Oct 19, 2012 12:06 PM CDT

(Dow Jones) -- Ukraine's stocks of exportable wheat may run out within weeks, according to the country's agriculture ministry, meaning it could become the first leading producer to impose trade restrictions that could lead to a further damaging spike in world food prices.

The country has contracted a total of 5.4 million metric tons of wheat for shipment this marketing year, which already accounts for the country's total exportable surplus, Ukraine's First Deputy Agriculture Minister Ivan Bisyuk said in a statement on the ministry's website. Kiev said its stocks would be depleted by around Nov. 15 to Nov. 20.

"This ...

Quick View
  • Enlist Cotton Approved USDA has made its final decision to deregulate Dow AgroScience's Enlist cotton trait, which means...
  • Market Moves Weaning and preconditioning top the list of aggravating and expensive chores for most ranchers. C...
  • Ask The Mechanic Ask the Mechanic answers the question about how VW and German engineering was able to get by with...
  • Batten Down the Hatches Purdue economists forecast multiple years of negative or narrow margins for corn and soybean prod...
  • PNW Ag Hit by Historic Drought In addition to problems with the Northwestern wheat crop, cattle are also being adversely affecte...
  • RFS Deadline Nears With the deadline to file comments on the proposed Renewable Fuel Standard volumes to strike at m...
  • Woodbury: Farm Family Business Agendas don't always lead to immediate decisions, but can still cement your family unity.
  • Multi-Year Losses Spur Concern The recent price rally offered growers a welcome opportunity to price 2014 and 2015 crops, but it...
  • Ask the Vet The vet says my calf had Mannheimia. What is that?
Related News Stories
Canada Markets
Sask. Crop Report
Canada Markets
Wheat Lowered in CWB PRO
Canada Markets
Canada Markets
Canada Markets
Canada Markets
Under the Agridome
Sask. Crop Report