U.S. grain prices have surged since the Iran war began, triggering a flurry of corn and soybean sales by farmers who squirreled away last year’s harvests due to weak prices.
U.S. farmers rush to sell crops as Iran war fuels rally
China taps fertilizer reserves as Hormuz closure disrupts global supply
China will release fertilizers from national commercial reserves ahead of spring planting, it said on Friday, as the effective closure of the Strait of Hormuz due to the conflict in the Middle East disrupts global supplies.
U.S. facing headwinds in trade negotiations with Canada, U.S. ambassador says
U.S. Ambassador to Canada Pete Hoekstra said Washington wants to renew the Canada-U.S.-Mexico trade pact but faces resistance from Canada, underscoring uncertainty as a mandatory July 1 review approaches.
Expana cuts EU wheat, barley export outlook due to Middle East war
Consultancy Expana lowered its forecast for European Union soft wheat exports in the 2025/26 season for a fifth consecutive month after reducing projected wheat and barley shipments to the Middle East due to the war in the region, it said on Thursday.
Canada’s trade deficit widened in January, missing consensus estimates
Canada’s trade deficit in January surprisingly widened as exports fell more than imports, led by a meaningful drop in shipments of motor vehicles and parts, data showed on Thursday.
Bayer takes its multi-front battle on pesticide liability to Kansas
Kansas lawmakers were set to take up a bill on Tuesday backed by Bayer that would prevent people from suing pesticide manufacturers for not warning them that their products could cause cancer or other illnesses.
JBS workers to strike at U.S. beef plant as consumers face record prices
About 3,800 JBS meatpacking workers in Greeley, Colorado, plan to go on strike starting on March 16, the workers’ union said on Monday, crippling production at one of the largest U.S. beef plants as consumers face record-high prices.
Shares slump, bonds skid as oil surge threatens inflation shock
Wall Street opened lower Monday as the inflationary jolt from surging oil prices threatened to raise living costs and interest rates around the globe, while investors desperate for liquidity fled to the U.S. dollar.
Fertilizer markets tighten as Russian exports hit capacity limits
With Russian output constrained by infrastructure and domestic obligations, growers facing long-term supply crunch
Fertilizer producers in Russia, the world’s largest exporter, will not be able to make up for a potential global shortfall linked to the U.S.-Iran conflict as their ability to boost supply is constrained, industry sources told Reuters.
Farmers see fertilizer price surge as Iran war blocks exports, threatening losses
The world’s farmers face soaring fertilizer and fuel prices as the war in the Middle East escalates, leaving some scrambling for supplies as the spring planting season approaches.
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