China is clamping down on fertilizer exports to protect its domestic market, a number of industry sources said, putting an additional strain on global markets that were already grappling with shortages caused by the U.S.-Israeli war on Iran.
China restricts fertilizer exports, further crimping war-tightened supply
Chicago feeder cattle gain ground as corn futures rise
Chicago Mercantile Exchange feeder cattle futures fell on Wednesday as Chicago Board of Trade corn futures gained strength.
Crop merchant Louis Dreyfus reports lower profits, higher volumes for 2025
Global agricultural commodity merchant Louis Dreyfus Company said on Wednesday it had recorded a decline in annual profit, driven by lower prices for most crops and market uncertainty arising from tariffs and economic concerns.
Bank of Canada holds rates, says it would hike them to prevent persistent inflation
The Bank of Canada on Wednesday kept its key policy rate on hold as widely expected but Governor Tiff Macklem said the central bank was ready to raise rates to prevent higher energy prices becoming persistent inflation.
Chicago cattle futures surge as corn falls, Colorado packer strikes
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Feeder cattle futures surge on lower corn prices and expected tight supplies in USDA's Cattle on Feed report as JBS workers strike in Colorado.
Gulf fertilizer plants go dark as Iran war chokes global supply ahead of spring planting
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Strait of Hormuz closure halts Gulf fertilizer production, sending urea prices surging as global spring planting season begins.
U.S., China discuss farm goods, managed trade in ‘remarkably stable’ Paris talks, sources say
Top U.S. and Chinese economic officials held “remarkably stable” talks in Paris on Sunday that touched on potential areas of agreement in agriculture, critical minerals and managed trade for U.S. President Donald Trump and Chinese President Xi Jinping to consider in Beijing, two sources familiar with the talks said.
Canada’s annual inflation rate eases to 1.8 per cent in February ahead of expected energy shock
Canada’s annual inflation rate fell to 1.8 per cent in February, after prices in the same period a year ago had risen sharply when the government’s sales tax relief ended, Statistics Canada said on Monday.
U.S. farmers rush to sell crops as Iran war fuels rally
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.
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.