grains

ISTANBUL—Russia said it would resume participation in a deal to allow Ukrainian grain exports, ending a dayslong standoff that threatened the steady flow of such shipments to world markets.Grain markets fell after Russia’s move. Wheat was down more than 5% early Wednesday, while corn prices lost more than 1%. Over the weekend, Russia suspended its involvement in a deal with the United Nations and Turkey struck in July that allowed for the safe passage of grain exports from war-torn Ukrainian ports through the Black Sea to…

Some of the world’s largest grain companies posted better-than-expected profits and raised their financial outlooks for the year, thriving off crop shortages and global volatility.Two of the largest farm giants that dominate global grain trading and processing, Archer Daniels Midland Co. ADM 2.60% and Bunge Ltd. BG 6.99% , said this week that despite fears about a recession, demand for their grain, biofuels and…

CAIRO—When customers walk into Ahmed Ali’s pharmacy here, they often walk out without the medicine they need. He has run out of nearly a dozen prescription drugs for common ailments like high blood pressure and osteoporosis.“Every day I have to say that something isn’t available,” said Mr. Ali, 26, whose patients are flying to Turkey or the U.K. to get medicine, if they can afford the flight. Those who can’t turn to a growing black market for prescription drugs. Shortages of medicine, clothing and food are gripping Egypt,…

According to a new study, eating more whole grains was associated with a reduced risk of premature coronary artery disease.A new study found eating refined grains was associated with an increased risk of premature heart disease and whole grains consumption with reduced risk.Researchers found a higher intake of refined grain was associated with an increased risk of premature coronary artery disease in an Iranian population, while eating whole grains was associated with reduced risk. The study was one of the first to…

Soaring temperatures in Spain this summer are expected to hit the country’s olive oil production, pushing up prices and threatening to further stoke food inflation.Nearly half of the world’s olive oil is produced in Spain, with the U.S. one of the country’s largest export markets. Prices of most edible oils are already high after the war in Ukraine led to shortages of sunflower oil, prompting buyers to seek alternatives for use in cooking and as an ingredient in food products. Now olive oil prices are now being driven…

Examining samples from asteroid Ryugu, scientists have made a startling discovery. They have spotted microscopic grains of ancient materials that are even older than our Solar System. Located in the near-Earth solar orbit, asteroid Ryugu is shaped like a spinning top and orbits the Sun every 16 months. The Hayabusa2 spacecraft of the Japan Aerospace Exploration Agency (JAXA) was tasked with exploring asteroid Ryugu (162173) from June 2018 to November 2019. Dispatching a series of landers and penetrators, the spacecraft…

Tiny fragments of rock brought back from an asteroid in near-Earth solar orbit are so old, they predate the Solar System.A new analysis of samples of asteroid Ryugu has revealed the presence of mineral grains forged in the outflows or explosions of old stars before our own Sun formed. As identified by previous research, these presolar grains reveal Ryugu is very similar to a class of meteorites known as Ivuna-type carbonaceous (CI) chondrites. However, the presence of some fragile grains indicate that parts of Ryugu may…

The world’s supply of crops is under pressure and likely to remain that way even as grain prices fall, say some of the world’s largest agriculture companies.Russia’s invasion of Ukraine is continuing to disrupt supplies from one of the world’s top grain-exporting regions. Bad weather affecting big crop-producing regions, including in South America, is also helping to fuel the supply crunch. Archer Daniels Midland Co. ADM 4.31% and Bunge Ltd.…

KYIV, Ukraine—Ukraine is preparing to send its first grain shipments since the start of Russia’s invasion under a deal aimed at easing a looming global food crisis.The shipments, which Ukrainian officials said would leave in the next few days, will be the first test for a deal settled last week to allow Ukraine, one of the world’s largest grain exporters, to begin shipping some 20 million metric tons that the invasion has trapped in the country. Ukrainian President Volodymyr Zelensky on…

LONDON—The deal between Moscow and Kyiv to allow for the export of Ukrainian grain is helping push global prices lower, but it won’t translate into a slug of new exports soon.Wheat prices fell Friday, as the deal raised hopes that a restart to Ukrainian grain exports would ease a brewing global food-supply crisis. Wheat futures traded in Chicago were down more than 4% at $7.72 a bushel. Having surged to a record high of $12.94 a bushel following Moscow’s invasion of Ukraine, prices have tumbled…