There have been two notable exceptions when fertilizer prices spiked to extremely wide levels over crop prices.

The grain-fertilizer balancing act

There’s a strong correlation between grain and fertilizer prices

Every business is an economic equation balancing input costs with output prices, expenses and revenues to achieve the all-important profit margin number. For many businesses, the price of those inputs and outputs are relatively stable. In farming, where outputs are volatile agricultural commodities and inputs are made from equally volatile energy, mineral and metal commodities, managing both sides


CBOT December 2022 soft red winter wheat (candlesticks) with 20-day moving average (green line), MGEX December 2022 hard red spring wheat (yellow line) and K.C. December 2022 hard red winter wheat (orange line). (Barchart)

U.S. grains: Wheat soars on new data, Russia’s annexation move

Corn climbs on smaller stocks; soybeans dip after bigger-than-expected stocks

Chicago | Reuters — Chicago wheat spiked on Friday, supported by a drastic cut to U.S. production estimates by the Agriculture Department, and Russia’s annexation of parts of Ukraine followed by increased U.S. sanctions. Corn climbed on smaller-than-expected U.S. stockpiles, while soybeans sank after USDA noted increased stores of the oilseed. The most-active wheat contract

CBOT November 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

U.S. grains: Soybeans firm on exports, mixed harvest results

CBOT wheat eases after earlier gains; Russia's annexation plans in focus

Chicago | Reuters — Chicago soybean futures inched higher on Thursday, supported by strong export sales after lower trade much of the week as harvest progresses across the U.S. Midwest, though some farmers report lower-than-anticipated yields, analysts said. Corn and wheat eased ahead of Friday’s U.S. Department of Agriculture (USDA) quarterly U.S. grain stocks and


Wheat drops as Russian production climbs

Reuters – An expected increase in Russia’s wheat crop that will compete with U.S. exports, already hampered by a strong U.S. dollar, is causing Chicago wheat futures to fall, according to traders. Russian consultancy IKAR raised its forecast of Russia’s 2022 wheat crop by two million tonnes, noting the world’s largest wheat exporter will have

One of eight vessels, carrying 195,000 tonnes of Ukrainian agricultural products, sails from southern Ukraine on Sept. 21.

Market-moving factors go beyond fundamentals

Recession fears and Black Sea export worries sway commodities

Canola futures climbed higher during the week ended Sept. 22, as historically wide crush margins finally showed signs of correcting themselves.  Crush margins relative to the November contract rose above $300 per tonne during the week, indicating canola futures values had considerable room to the upside while still being profitable for buyers. Crush margins around



CBOT December 2022 soft red winter wheat (candlesticks) with Bollinger bands (20,2), MGEX December 2022 hard red spring wheat (yellow line) and K.C. December 2022 hard red winter wheat (orange line). (Barchart)

U.S. grains: Wheat rises on short-covering, Ukraine worries

Soy turns lower; corn ends up but down off day's high

Chicago | Reuters — U.S. wheat futures rose 1.6 per cent on Tuesday as worries about escalating conflict in Ukraine and a pause in the U.S. dollar’s run-up to 20-year highs spurred a round of short-covering, traders said. Corn futures also firmed but pared gains by the close, and soybean futures turned lower on technical



Farmers in Ukraine have worked together to keep equipment operating during the harvest, despite lack of parts and technicians.

A new rural economy emerges in Ukraine

From value-added to more livestock production, farmers in Ukraine have adapted to the conditions of war

When we first heard the sounds of rocket explosions on Feb. 24, we were most alarmed. It took my entire credit card limit to fill up my car and buy a supply of groceries. At the time, I thought only a few hours remained until the end of normal life. Many Ukrainian farmers say the