The overall outlook for US corn, soybeans and wheat in 2024 is for larger supplies only partially met by increased domestic use and firming global demand. That preliminary forecast from the Interagency Commodity Estimates Committee was presented during the US Department of Agriculture’s (USDA) 100th annual Agricultural Outlook Forum by Jake Vuillemin, an agricultural economist…
A Russian multirole helicopter Ka-32 was destroyed at the Ostafyevo airfield in Moscow overnight on April 26, Ukraine’s military intelligence agency (HUR) reported. An intelligence source confirmed to the Kyiv Independent that the helicopter was destroyed as a result of a HUR operation. Ukrainian forces regularly conduct drone strikes and…
Having independently resumed operations of its major maritime ports on the Black Sea, Ukraine is forecast to increase grain exports for the remainder of the 2023-24 marketing year, according to a report from the Foreign Agricultural Service (FAS) of the US Department of Agriculture. FAS’ Global Agricultural Information Network shows that, after an initial dip…
Rail shipments of Russian coal to ports in January-February 2024 decreased to 30.5 mio t (-3.7 mio t or -10.8% y-o-y). Moreover, the main decline accounted for high-quality coal from Kuzbass and anthracite from Novosibirsk region. The negative dynamics was driven by a shortage of transportation capacity to northwestern and far eastern ports, as well…
Oleksandr Yushchenko, Chief Sergeant of the 13th Rapid Reaction Khartiia Brigade of the National Guard of Ukraine (NGU), has been killed in a combat mission near the village of Dolynske (Dnipropetrovsk Oblast). Oleksandr Yushchenko, Chief Sergeant of the 13th Rapid Reaction Khartiia Brigade of the National Guard of Ukraine (NGU), has been killed in a…
Coal is still a glowing part of global commodities markets even if prices for the energy source are sliding. Despite widespread perceptions that the coal industry is under threat, output is actually hitting new records — at least outside the U.S. and EU. The WSJ’s Megha Mandavia reports in a…
In 2023, Russia ramped up coal supplies to China almost 1.5 times to all-time high of more than 100 mio t, which became possible due to deepening cooperation between the countries in the energy sector. According to preliminary estimates, exports of Russian material to China totaled 104 mio t (+27.2…
Governments and international organizations have made ambitious pledges to reduce their emissions, a reduction that will require the phase-out of coal. Despite these pledges, countries including the UK and Australia have announced plans to build new coal mines in order to boost energy security. Despite big promises of a green transition and the creation of…
Pylyp Travkin, a fairy-tale prince on a white dragon, strikes his enemies with a magical laser.
Federal Reserve Chair Jerome Powell said “the U.S. is on an unsustainable fiscal path” in a “60 Minutes” interview with Scott Pelley released Sunday. “The U.S. federal government’s on an unsustainable fiscal path. And that just means that the debt is growing faster than the economy. So, it is unsustainable. I don’t think that’s at…