Reading Time: 3 minutes The Iranian foreign minister said the Strait of Hormuz was open on Friday following a ceasefire agreement in Lebanon, but shipping companies reacted cautiously.
Reuters
Iran says Strait of Hormuz open as Trump sees deal ‘soon’ to end war
Shipping companies react cautiously; timing of peace talks remains uncertain
U.S. buyers redirect imported fertilizer overseas as Iran war drives up global prices
Reading Time: 2 minutes Higher overseas prices are leading U.S. fertilizer buyers to resell into more lucrative markets.
Western Australia farmers turn to canola over wheat as fuel, fertilizer costs rise
Reading Time: 2 minutes Farmers in Western Australia will swing to canola from wheat and plant less land than last year as they grapple with concerns over the availability and cost of fuel and fertilizer.
U.S. is leading G20 initiative to ensure fertilizer access, sources say
IMF, UN warn supply chain disruptions from war could push millions into food insecurity
Reading Time: < 1 minute The U.S. is urging G20 members and the International Monetary Fund and World Bank to take coordinated action to ensure fertilizer access amid disruptions in food trade supply chains caused by the war in the Middle East.
China’s Q1 pork output up 4.2 per cent from a year earlier, lags expectations
Reading Time: < 1 minute China’s pork production rose 4.2 per cent in the first quarter of 2026 from a year earlier as hog producers accelerated slaughtering to address a supply glut.
U.S. deputy farm secretary to meet with Mosaic amid high fertilizer prices
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Reading Time: 2 minutes U.S. Deputy Secretary of Agriculture Stephen Vaden will meet with fertilizer company Mosaic this week as the U.S. and Israel’s war on Iran drives up fertilizer prices
Corteva taps Luke Kissam to lead crop protection unit
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Reading Time: < 1 minute Fertilizer company Corteva on Tuesday named Luke Kissam as chief executive officer of “New Corteva,” the crop protection business it is spinning off, effective June 1.
Federal gas, diesel taxes to be suspended, Carney says
Reading Time: < 1 minute Canada will suspend the federal fuel excise tax on gasoline and diesel from April 20 to September 7 to help consumers and businesses deal with rising prices, Prime Minister Mark Carney said on Tuesday.
Carney Liberals clinch majority government in special elections
By-election victories, floor-crossings mean Carney likely won’t face an election for years
Reading Time: 3 minutes Prime Minister Mark Carney secured a parliamentary majority for his Liberal government in by-elections on Monday.
JBS reaches deal with U.S. meatpacking workers who went on strike
Reading Time: 2 minutes JBS employees ratified a two-year labor agreement with the meatpacker after a three-week strike disrupted operations at a massive beef processing plant in Greeley, Colorado.