Accessibility helpSkip to navigationSkip to contentSkip to footer

Cookies on FT Sites

We use cookies for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.

Accept & continue
Manage cookies
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign InmyFT
  • Home
  • World
    Sections
    • World Home
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    • Australia & NZ
    Most Read
    • Trump under investigation for possible violation of US Espionage Act
    • Spain says gas link to wider EU could be ready within months
    • Luxury watch prices plummet on weak Chinese consumer confidence
    • Donald Trump backs ‘immediate release’ of documents on FBI search of Mar-a-Lago
    • Author Salman Rushdie stabbed at event in New York state
  • US
    Sections
    • US Home
    • US Economy
    • US Companies
    • US Politics & Policy
    Most Read
    • Companies
      Sections
      • Companies Home
      • Energy
      • Financials
      • Health
      • Industrials
      • Media
      • Professional Services
      • Retail & Consumer
      • Tech Sector
      • Telecoms
      • Transport
      Most Read
      • The Qantas chief who brought a new travel disruption term to Australian vernacular
      • Miami becomes the new boom town for corporate lawyers
      • Norse aims to crack challenge of low-cost transatlantic travel
      • Scotch whisky shows surprising strength in global gloom
      • German nuclear operators push on with shutdowns despite rethink
    • Tech
    • Markets
      Sections
      • Markets Home
      • Alphaville
      • Markets Data
      • Capital Markets
      • Commodities
      • Currencies
      • Equities
      • Fund Management
      • Trading
      • Moral Money
      • ETF Hub
      • Cryptofinance
      Most Read
      • Spain says gas link to wider EU could be ready within months
      • Live news updates from August 12: Trump under Espionage Act investigation, Salman Rushdie stabbed in western New York
      • Asset managers bet big on crypto despite market rout
      • Glencore cuts ties with Chinese trader over missing $500mn of copper
      • Next financial crisis likely to centre on private markets
    • Climate
    • Opinion
      Sections
      • Opinion Home
      • Columnists
      • The FT View
      • The Big Read
      • Lex
      • Obituaries
      • Letters
      Most Read
      • Mortgage wake-up call for middle classes
      • Next financial crisis likely to centre on private markets
      • Western companies wake up to China risk
      • Martin Lewis is right: the cost of living emergency is already here
      • A golden age of consumer convenience is passing
    • Work & Careers
      Sections
      • Work & Careers Home
      • Business School Rankings
      • Business Education
      • Entrepreneurship
      • Recruitment
      • Business Books
      • Business Travel
      Most Read
      • Can a city be redesigned for the new world of work?
      • Brompton’s Will Butler-Adams: ‘People have no idea what goes into a product. That’s not a good thing’
    • Life & Arts
      Sections
      • Life & Arts Home
      • Arts
      • Books
      • Food & Drink
      • FT Magazine
      • House & Home
      • Style
      • Travel
      • FT Globetrotter
      Most Read
      • Is the UK housing market at a turning point?
      • Formula 1’s Toto Wolff: ‘You need to push people out of their comfort zone’
      • The world’s greatest ice-cream stores
      • How we live now: Afghanistan’s women speak
      • The hottest swimwear — influenced by cold water sport
    • HTSI
    MenuSearch
    • Home
    • World
    • US
    • Companies
    • Tech
    • Markets
    • Climate
    • Opinion
    • Work & Careers
    • Life & Arts
    • HTSI
    Financial Times
    SubscribeSign In

    Your guide to a disrupted world

    Start a 4-week trial

    Emiko Terazono

    Commodities Correspondent
    Email Emiko Terazono @EmikoTerazono  on Twitter (link opens in a new browser window)
    Email Emiko Terazono @EmikoTerazono  on Twitter (link opens in a new browser window)

    Add to myFT Digest

    Add this topic to your myFT Digest for news straight to your inbox

    • Friday, 12 August, 2022
      News in-depthWar in Ukraine
      Ukraine’s first Black Sea food shipment sails through sea of troubles

      Cargo vessel Razoni’s passage highlights circuitous and secretive nature of global commodities trade

    • Tuesday, 9 August, 2022
      War in Ukraine
      Stranded corn cargo from Ukraine waiting for new buyer, UN says

      Customer refused grain from Razoni, first ship to test reopening of Black Sea to food shipments

    • Tuesday, 2 August, 2022
      InterviewWar in Ukraine
      Ukraine warns grain exports will take ‘months’ to reach prewar levels

      Minister says only a handful of ships will depart from Odesa region in next two weeks

    • Friday, 29 July, 2022
      War in Ukraine
      Zelenskyy visits Black Sea port as Ukraine prepares to resume grain shipments

      Large-scale food exports to return after Lloyd’s of London insurers agree cover for vessels

    • Wednesday, 27 July, 2022
      Food security
      How bad will the global food crisis get?

      Food commodity prices are falling but experts say global production and hunger rates might be even worse in 2023

    • Wednesday, 6 July, 2022
      Commodities
      Commodities slump as recession fears stamp out fierce rally

      Raw materials from grains to oil have lost their lustre, with hedge funds betting on further falls

    • Monday, 4 July, 2022
      UK manufacturing
      UK ministers rebuff request for help in reopening fertiliser plant

      UK Nitrogen wants £10mn loan to restart production at CF Industries’ mothballed Ince plant

    • Thursday, 30 June, 2022
      Environment
      Would carbon food labels change the way you shop?

      Environmentally friendly food shopping can be a challenge. Find out how your favourite UK supermarket items stack up with our interactive scales

    • Tuesday, 28 June, 2022
      InterviewEat Just
      Lab-grown meat maker Eat Just unable to capitalise on Malaysia chicken ban

      Chief executive Josh Tetrick says boosting capacity will take years as sector reaches commercial scale

    • Thursday, 23 June, 2022
      News in-depthAfrican economy
      ‘People are hungry’: food crisis starts to bite across Africa

      Signs of inflation-linked unrest are emerging, aid agencies warn

    • Monday, 20 June, 2022
      News in-depthWar in Ukraine
      Impasse over Russian blockade of Ukraine’s grain fuels global food crisis

      Moscow’s success in preventing millions of tonnes of crops from leaving Black Sea ports will have ominous consequences

    • Sunday, 12 June, 2022
      ExplainerFood security
      Food vs fuel: Ukraine war sharpens debate on use of crops for energy

      Campaigners want to divert commodities from biofuels but would doing so alleviate rising hunger levels?

    • Wednesday, 8 June, 2022
      War in Ukraine
      UN warns of hunger risk as talks stall over Ukraine grain blockade

      Disputes persist over access to Black Sea port of Odesa as Kyiv fears more attacks

    • Wednesday, 8 June, 2022
      CF Industries Holdings Inc
      UK’s biggest fertiliser producer CF Industries to shut plant as energy costs bite

      Carbon dioxide supplier is to permanently close Cheshire facility and shed 350 jobs

    • Wednesday, 8 June, 2022
      Global InsightFood security
      West needs to act fast to tackle food crisis — and Moscow’s blame game

      G7 countries will outline global initiatives this month to help prevent hunger as Russia weighs on grain importers

    • Friday, 3 June, 2022
      Equities
      US stocks end week lower after jobs data bolster case for Fed tightening

      European equities drift lower following disappointing report on eurozone retail sales

    • Wednesday, 1 June, 2022
      Food Prices
      Global food price ‘shock’ amplifies risks for emerging markets

      Rising costs of key ingredients will strain public finances and put pressure on ratings, S&P warns

    • Wednesday, 1 June, 2022
      News in-depthCommodities
      Ukraine war sparks rush for potash as global food fears grow

      Producers of crucial crop fertiliser look to boost output after sanctions hit supply from Russia and Belarus

    • Wednesday, 18 May, 2022
      Food security
      World’s poorest nations to receive aid amid soaring food prices

      Yellen tells G7 meeting there is a ‘very real risk’ that more people will go hungry

    • Tuesday, 17 May, 2022
      Archer Daniels Midland Co
      ADM partners with lab-grown meat start-up Eat Just

      US crop trader will work with maker of first cultured chicken to receive regulatory approval

    • Saturday, 14 May, 2022
      India
      India looks to limit global concerns over wheat exports ban

      The country had been filling supply gap in international markets left by Russia’s invasion of Ukraine

    • Friday, 13 May, 2022
      Agricultural commodities
      Global wheat crop likely to fall for first time in four years, US forecasts

      Futures contracts rise after Ukraine’s output is predicted to decline by more than a third

    • Tuesday, 10 May, 2022
      Global trade
      Food protectionism fuels global inflation and hunger

      Traders grapple with Indonesian palm oil export ban while concerns mount over India’s heatwave and wheat crop

    • Monday, 9 May, 2022
      FT News Briefing podcast10 min listen
      The cost of China’s zero-Covid lockdown

      Africa’s top Covid-19 vaccine plant has halted production due to lack of demand

    • Sunday, 8 May, 2022
      ExplainerMarket Questions
      Has US inflation finally started to slow?

      Market Questions is the FT’s guide to the week ahead

    Previous page You are on page 1 Next page

    Useful links

    Support

    View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers

    Legal & Privacy

    Terms & ConditionsPrivacy PolicyCookiesCopyrightSlavery Statement & Policies

    Services

    Share News Tips SecurelyIndividual SubscriptionsGroup SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on TwitterFT ChannelsSecondary Schools

    Tools

    PortfolioToday's Newspaper (ePaper)Alerts HubBusiness School RankingsEnterprise ToolsNews feedNewslettersCurrency Converter

    Community & Events

    FT CommunityFT LiveFT ForumsFT Board DirectorBoard Director Programme

    More from the FT Group

    Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2022. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
    The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
    Financial Times

    International Edition

    Subscribe for full access
    • Switch to UK Edition
    • Top sections
    • Home
    • World
      • Global Economy
      • UK
      • US
      • China
      • Africa
      • Asia Pacific
      • Emerging Markets
      • Europe
      • War in Ukraine
      • Americas
      • Middle East & North Africa
      • Australia & NZ
    • US
      • US Economy
      • US Companies
      • US Politics & Policy
    • Companies
      • Energy
      • Financials
      • Health
      • Industrials
      • Media
      • Professional Services
      • Retail & Consumer
      • Tech Sector
      • Telecoms
      • Transport
    • Tech
    • Markets
      • Alphaville
      • Markets Data
      • Capital Markets
      • Commodities
      • Currencies
      • Equities
      • Fund Management
      • Trading
      • Moral Money
      • ETF Hub
      • Cryptofinance
    • Climate
    • Opinion
      • Columnists
      • The FT View
      • The Big Read
      • Lex
      • Obituaries
      • Letters
    • Work & Careers
      • Business School Rankings
      • Business Education
      • Entrepreneurship
      • Recruitment
      • Business Books
      • Business Travel
    • Life & Arts
      • Arts
      • Books
      • Food & Drink
      • FT Magazine
      • House & Home
      • Style
      • Travel
      • FT Globetrotter
    • Personal Finance
      • Property & Mortgages
      • Investments
      • Pensions
      • Tax
      • Banking & Savings
      • Advice & Comment
      • Next Act
    • HTSI
    • Special Reports
    • FT recommends
    • Lex
    • Alphaville
    • Lunch with the FT
    • FT Globetrotter
    • #techAsia
    • Moral Money
    • FTfm
    • Newsletters
    • Video
    • Podcasts
    • News feed
    • FT Community
      • FT Live
      • FT Forums
      • Board Director Programme
    • myFT
    • Portfolio
    • Today's Newspaper (ePaper)
    • Crossword
    • Our Apps
    • Help Centre
    • Subscribe
    • Sign In