Canada’s federally backed farm lender is offering financial aid to farmers, agricultural businesses and food companies hit by the spike in fertilizer and energy prices, it said on Friday.
Tag Archives Iran
Farm Credit Canada offers aid to farmers, companies affected by Iran war price spikes
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.
Iran war to disrupt urea and sulphur supplies
The Middle East accounts for 50 per cent of global sulphur exports and 34 per cent of urea shipments
For Prairie farmers in need of spring fertilizers, ongoing war in the Middle East will have the biggest impact on urea and sulphur prices, an Argus market analyst says.
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.
Bunge exploring alternative shipping routes amid Middle East conflict
Global grains trader Bunge is exploring alternative shipping routes and working with customers to minimize any disruptions caused due to the conflict in the Middle East, a company spokesperson told Reuters.
Huawei executive, U.S. reach deal to dismiss charges
Meng Wanzhou would be allowed to leave Canada
Updated, Sept. 24 — Reuters — Huawei chief financial officer Meng Wanzhou has reached an agreement with U.S. prosecutors to end the bank fraud case against her, U.S. prosecutors said on Friday, a move that should allow her to leave Canada and relieve a point of tension between China and the United States. Meng was
U.S. in talks with Huawei exec on resolving criminal charges, source says
'This would be a great way to end this nightmare'
Reuters — U.S. prosecutors are discussing a deal with lawyers for Huawei chief financial officer Meng Wanzhou to resolve criminal charges against her, a person familiar with the matter said, signaling a potential end to a case that has strained ties between the U.S., China and Canada. Negotiations between Meng’s attorneys and the U.S. Justice
U.S. grains: Prices narrowly mixed as traders assess Mideast risk
Chicago | Reuters — Chicago soybean and grain futures were narrowly mixed on Wednesday as traders’ jitters eased after Iran and the United States signalled a de-escalation of tensions after an Iranian missile attack against U.S. forces in Iraq. Investors also continued to square positions ahead of a key U.S. Department of Agriculture (USDA) crop
Cyber-Savvy Farmer
