Elevated Fertilizer Prices Remain, UN in Talks to Restore Ukrainian Grain Exports May 19, 2022

🕔May 19, 2022
Bloomberg writer Elizabeth Elkin reported yesterday that, “In more bad news for farmers, a fertilizer that’s key for corn production will remain expensive for at least two years. “That’s according to CF Industries […]

Ag Trade: U.S. Wheat Price Projected at Record High, Major Exporters’ Ending Stocks Lowest in a Decade May 19, 2022

🕔May 19, 2022
In its monthly Wheat Outlook report on Monday, the USDA’s Economic Research Service (ERS) stated that, “The U.S. season-average farm price (SAFP) for 2022/23 is projected to reach a record $10.75 per bushel, supported by tight […]

USDA: Global Wheat Prospects Stymied by Weather, War; Lower Corn Production May 17, 2022

🕔May 17, 2022
In its monthly Grain: World Markets and Trade report yesterday, the USDA’s Foreign Agricultural Service (FAS) indicated that, “Global [wheat] production is forecast at 775 million tons, down 4 million from the previous year. The largest cut […]

Russia Makes Some Land Gains – Persists in Strangling Ukrainian Grain Exports May 16, 2022

🕔May 16, 2022
New York Times writers Michael Schwirtz, Marc Santora and Michael Levenson reported on the front page of today’s paper that, “Russia’s nearly three-month-old invasion of neighboring Ukraine has been punctuated by […]

Food Protectionism Adds to “Chaos in Global Food Markets;” Ukraine Could Plant a Majority of Spring Crops May 10, 2022

🕔May 10, 2022
Financial Times writers Oliver Telling, Benjamin Parkin and Emiko Terazono reported yesterday that, “Rising protectionism is exacerbating chaos in global food markets brought on by the war in Ukraine, with governments clamping down on exports of […]

Russian Fertilizer Continues to Arrive in Brazil May 9, 2022

🕔May 9, 2022
Jack Nicas and André Spigariol reported in today’s New York Times that, “When the first Russian missiles struck Ukraine, the reverberations were felt 6,500 miles away, on the vast Brazilian farms that grow much […]

Prices of Most Fertilizers Continue Rise, Wheat Prices Climb on Supply Concerns May 7, 2022

🕔May 7, 2022
DTN writer Russ Quinn reported earlier this week that, “According to retail fertilizer prices tracked by DTN for the fourth week of April 2022, prices are somewhat mixed to end the month of April. “Six […]

Wheat: After Hottest March on Record, India Considers Export Restrictions, Prices Climb May 6, 2022

🕔May 6, 2022
Bloomberg writers Pratik Parija and Shruti Srivastava reported yesterday that, “India is considering restricting wheat exports as severe heat waves have damaged crops, exacerbating tight global supplies after the war in […]

Ukraine Farmers Plant 30% of Expected Spring Acreage; Brazil Begins “Fertilizer Diplomacy” May 6, 2022

🕔May 6, 2022
Reuters writer Pavel Polityuk reported yesterday that, “Ukraine’s farmers have sown around 31% of the area expected for the 2022 spring crops sowing, or 4.7 million hectares, Ukrainian grain traders union UGA said on Tuesday, […]

Ag Trade: Countries Scramble to Fill Black Sea Grain Void May 4, 2022

🕔May 4, 2022
Wall Street Journal writers Jesse Newman and Patrick Thomas reported on the front page of today’s paper that, “From India to Ireland, governments are moving to fill a void from the Black Sea region […]

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