U.S. fertilizer imports helping fund Russian war effort, CF Industries says

Reuters – U.S. agriculture companies have been brisk importers of Russian fertilizer since the 2022 Ukraine invasion, a practice that is unwittingly helping fund Russia's war against Ukraine, U.S. producer CF Industries CF.N said on Thursday. The U.S. does not impose sanctions directly on Russian fertilizer, which is important to global food supplies and prices.[...]




U.S. grains: Wheat plunges to three-month low on export competition

Winnipeg | Reuters -- Chicago wheat extended losses on Friday to a fresh three-month low as modest weekly U.S. exports kept traders' focus on competition from cheaper Black Sea supplies. Corn also fell, while soybeans rebounded, consolidating after a selloff in the previous session over disappointing U.S. biofuels levels. The most-active wheat contract on the[...]


U.S. grains: Wheat tumbles to three-month low in broad sell-off

Winnipeg | Reuters -- Chicago wheat fell on Monday to a three-month low, as commodity and equity markets dropped on concern about the impact of rare protests in China against its strict anti-COVID-19 policy. Cheap supplies from Russia and elsewhere in the Black Sea are adding competition for U.S. wheat, and prices have slipped to[...]

U.S. grains: Wheat rises on short-covering, China optimism

Winnipeg | Reuters -- Chicago wheat rose for a second straight session on Wednesday, supported by end-of-the-month short-covering and investor hopes that China will loosen COVID-19 rules, although the grain declined sharply in November on competition from Black Sea supplies. Soybeans also ticked up, touching a two-month peak, as optimism that China will ease restrictions[...]


U.S. grains: Soy snaps win streak on disappointing biofuel mandates

Winnipeg | Reuters -- Chicago soybeans fell on Thursday, snapping five days of gains as soybean oil sold off sharply after the U.S. government proposed smaller-than-expected biofuels blending requirements. Wheat slid on disappointing export sales, while soybean weakness dragged corn lower. The most-active soybean contract on the Chicago Board of Trade (CBOT) settled down 39-3/4[...]

U.S. grains: Wheat inches higher on hopes China will ease COVID-19 measures

Winnipeg | Reuters -- Chicago wheat finished slightly higher on Tuesday after the previous day's three-month low, as investors saw hope that China would ease measures to counter COVID-19 infections after rare protests in the country unsettled markets a day earlier. Soybeans also gained on optimism about China, but corn dipped over concerns about export[...]


Nutrien to further boost potash output amid global shortage

Reuters -- Nutrien, the world's largest fertilizer producer, said Thursday it will increase its Canadian potash production by 20 per cent to an annual 18 million tonnes by 2025, helping to address tight supplies that have contributed to a global food shortage. Potash prices have soared since the West imposed sanctions against Russia for Moscow's[...]

Nutrien takes cautious potash approach as rival copes with sanctions

Winnipeg | Reuters -- Canada's Nutrien, the world's biggest fertilizer company, is bumping up potash production as sanctions restrict its rival in Belarus, but is holding off on bigger expansion, its interim CEO said on Thursday. Potash prices have climbed to decade highs as state-owned Belaruskali, the second-largest producer after Nutrien, copes with U.S. and[...]