Considering that all these financial institutions are very incestuous I’m not surprised that having one of their own shut down will have really frightened the out of them and as most of these financial institutions will be playing with commodities I can see how it would have an effect on the grain trade.Silicon Valley Bank: Regulators take over as failure raises fears
Regulators take over Silicon Valley Bank as the collapse raises wider fears about the banking sector.www.bbc.co.uk
tenuous link possibly but this event seems to have seriously spooked financial markets.
would it have affected grain prices in any way?
someone better qualified than me will probably know?
Up as investors look for safe havens?Silicon Valley Bank: Regulators take over as failure raises fears
Regulators take over Silicon Valley Bank as the collapse raises wider fears about the banking sector.www.bbc.co.uk
tenuous link possibly but this event seems to have seriously spooked financial markets.
would it have affected grain prices in any way?
someone better qualified than me will probably know?
Hopefully although leave it in the doldrums for another couple of weeks as landlords agent rent increase (review as they call it) is in tatters!Up as investors look for safe havens?
Seems strange market is confident of grain corridor extension before negotiations have started?
source: Reuters
-Russia's Foreign Ministry said on March 12 that the country's representatives had not yet taken part in negotiations on extending the Black Sea grain deal. "There have been no negotiations on this subject, especially with the participation of Russian representatives," Foreign Ministry spokeswoman Maria Zakharova said. The next round of talks on extending the deal will be held in Geneva on March 13 between Russia's delegation and top United Nations trade official Rebeca Grynspan, Zakharova said. To see the original story by Reuters,
Seems a bit oddWill Egypt pulling out of UN grain treaty un settle anything?
Egypt withdraws from UN grain treaty prompting sadness and concern
Egypt, one of the world's largest wheat importers, has given notice it will withdraw at the end of June from a decades-old U.N. grains treaty, causing consternation among some other signatories to the convention.www.reuters.com
why only 60 and not the 120? can't see the West agreeing to drop sanctions as a condition of extension.Russia agrees to extend Black Sea grain deal, but only for 60 days
Ukraine counters that original Black Sea Grain Initiative foresees a 120-day extension.www.politico.eu
Not much profit at all nowOffered 184 this morning for barley
Not much profit at all nowOffered 184 this morning for barley