Daily Network News

More News →

Tag Archives Russia

Farmers compete with the European Union and the United States, both of which do not have tariffs on their crop fertilizers.
Comment, Op/Ed

Comment: The fertilizer import tariff has to go, Minister Freeland

Tariffs add to the cost of doing business in farming and contribute to food price increases

By
The following is an open letter from the Ontario Agricultural Commodity Council to Deputy Prime Minister and Minister of Finance Chrystia Freeland, requesting the removal of the fertilizer tariff that has been in place for more than a year. The letter was also copied to Agriculture and Agri-Food Minister Marie-Claude Bibeau. Dear Minister Freeland, On behalf of the Ontario
Nutrien’s head office building in Saskatoon. (Liam O’Connor photo)
Crops, Markets

Nutrien cuts earnings forecast after quarterly profit misses estimates

High fertilizer prices seen dragging on demand

By ,
Reuters — Nutrien Ltd. on Wednesday cut its forecast for 2023 earnings as elevated fertilizer prices owed to Western sanctions on Russia and Belarus weigh on demand. U.S.-listed shares of the company fell 3.9 per cent in extended trading Wednesday as it also reported a lower-than-expected quarterly profit. Though fertilizer prices have dipped from record
Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Crops, Markets

U.S. grains: Wheat rallies as tensions rise between Russia, Ukraine

Recent rains may not be enough to save U.S. wheat, traders say

By
Mexico City | Reuters — Chicago wheat rebounded from a 25-month low to close higher on Wednesday, edging up on fresh tensions between Russia and Ukraine that cast doubt on the future of the Black Sea grains corridor, analysts said. Corn also gained on the tensions. Soybeans, meanwhile, followed with a rally after touching a
Trucks wait for crossing into Poland at the Rava-Ruska border checkpoint in Ukraine’s Lviv region on April 17, 2023. (Photo: Reuters/Roman Baluk)
Crops, Markets

European Commission to ban Ukrainian grain exports to Romania

Talks ongoing with Ukraine's other neighbours

By ,
Bucharest | Reuters — The European Commission will ban Ukrainian grain and oilseeds exports to Romania until June 5, Romanian Agriculture Minister Petre Daea said on Wednesday. Romania has stopped short of enforcing a ban, whereas Poland, Hungary, Bulgaria and Slovakia took unilateral steps to protect local markets from a flow of Ukrainian farm products.
Vessels are seen as they await inspection under the Black Sea Grain Initiative, brokered by the UN and Turkey, in the southern anchorage of the Bosphorus at Istanbul on Dec. 11, 2022. (File photo: Reuters/Yoruk Isik)
Crops, Markets

Russian envoy says no breakthrough on grain deal

Ukraine says Moscow blocking ships

By
Geneva | Reuters — Russia’s envoy to the United Nations in Geneva on Wednesday said “no real progress” had been achieved in resolving issues raised by Moscow over the Black Sea grain deal, which is set to expire next month. Separately, Ukraine accused Russia of blocking the passage of four grain ships from its Black
Damage is seen from a rain-wrapped tornado at Cole, Okla., just south of Oklahoma City, on April 19, 2023, in a screengrab from a social media video. (Photo: Hans Duran video screengrab via Reuters)
Crops, Markets, Weather

CBOT weekly outlook: U.S. rain, StatCan report biggest influences

Russia's sabre-rattling not yet swaying markets

By ,
MarketsFarm — The three to five inches of rain received Wednesday in Kansas and Oklahoma have put pressure on Kansas City and Chicago wheat prices on the Chicago Board of Trade (CBOT), according to broker Ryan Ettner of Allendale Inc. Added to that, Statistics Canada’s (StatCan) report on prospective plantings, also received Wednesday, has weighed
CBOT July 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn hits eight-month low

Soybeans, wheat at one-month low

By ,
Chicago | Reuters — Chicago Board of Trade corn futures slumped on Monday to an eight-month low after the government announced that China canceled some purchases of U.S. supplies of the grain. The cancellations, which also weighed on wheat and soybean futures that hit one-month lows on Monday, highlighted concerns about weak demand for U.S.

AgCanadaTV

AGCanadaTV: In case you missed it; your national ag news recap for Nov. 28, 2025

Sponsored By:
More Videos →

Cyber-Savvy Farmer

Glacier Farmmedia Podcast

Latest Market News

More Market News →