A farmer spreads nitrogen in his wheat field in Blecourt, France, in May 2021.

U.S. nitrogen exports jump as Europe scrambles for fertilizer

Limited ability to backfill means there may be future “crisis of availability”

Reuters – American exports of nitrogen fertilizers jumped to a multi-year high this summer after surging natural gas prices in Europe drove up costs of producing the crop nutrient there, making U.S. shipments more competitive. The brisk U.S. sales highlight the far-reaching effect of the war in Ukraine on global food and energy supplies. Russia,

Workers repair the roof of a farm building that was damaged by a mortar, in the village of Malaya Rohan, as Russia's attack on Ukraine continues, in the Kharkiv region, Ukraine, April 9, 2022.

From Ukraine: Driven from his fields

Ukrainian farmer hopes to see his farm liberated from Russian invaders

From time to time, Oleh visits the positions of troops on the front lines of war in east Ukraine. While there, he looks hopefully to the horizon. There, just one mile away, are his fields, shop and grain warehouse now occupied by Russian invaders. I will not write Oleh’s last name, nor will I show



“It’s pretty hard to digest, but I still say Russia needs money. They don’t want to stop any grain shipments that they can…” says one Illinois commodity trader.  Photo: MaxZolotukhin/iStock/Getty Images Plus

CBOT weekly outlook: Russian flip-flop upsets markets, little change after Fed announcement

MarketsFarm – A pair of announcements affected the Chicago Board of Trade by different magnitudes on Nov. 2. Four days after Russian officials said the country was pulling out of an agreement to allow Ukrainian grain shipments on the Black Sea, the Russian government announced on Nov. 2 it changed its mind and will re-enter






Bunge’s refined and specialty oils segment turned in stronger quarterly earnings in the Americas and Europe.  Photo: Thinkstock

Crop merchant Bunge raises full-year profit outlook

Agricultural commodities trader Bunge Ltd BG.N on Wednesday raised its full-year earnings outlook after posting an adjusted third-quarter profit that topped expectations, sending its shares up about 2 per cent in premarket trading. The improved forecast was attributed to favorable market conditions as tight global crop supplies and strong demand have benefited supply chain middlemen



Russia considers abolishing grain export quota

Russia, the world’s largest wheat exporter, may abolish its grain export quota that it usually sets in the second half of the July-June marketing season, the Interfax news agency reported, citing Russia’s deputy prime minister. Russia supplies its wheat to Africa and the Middle East and usually sets grain export quotas for the period from