Reading Time: 3 minutes The world’s farmers face soaring fertilizer and fuel prices as the war in the Middle East escalates, leaving some scrambling for supplies as the spring planting season approaches.
Tag Archives Iran
Farmers see fertilizer price surge as Iran war blocks exports, threatening losses
Bunge exploring alternative shipping routes amid Middle East conflict
Reading Time: < 1 minute Global grains trader Bunge is exploring alternative shipping routes and working with customers to minimize any disruptions caused due to the conflict in the Middle East, a company spokesperson told Reuters.
Huawei executive, U.S. reach deal to dismiss charges
Meng Wanzhou would be allowed to leave Canada
Reading Time: 3 minutes Updated, Sept. 24 — Reuters — Huawei chief financial officer Meng Wanzhou has reached an agreement with U.S. prosecutors to end the bank fraud case against her, U.S. prosecutors said on Friday, a move that should allow her to leave Canada and relieve a point of tension between China and the United States. Meng was […] Read more
U.S. in talks with Huawei exec on resolving criminal charges, source says
'This would be a great way to end this nightmare'
Reading Time: 3 minutes Reuters — U.S. prosecutors are discussing a deal with lawyers for Huawei chief financial officer Meng Wanzhou to resolve criminal charges against her, a person familiar with the matter said, signaling a potential end to a case that has strained ties between the U.S., China and Canada. Negotiations between Meng’s attorneys and the U.S. Justice […] Read more
U.S. grains: Prices narrowly mixed as traders assess Mideast risk
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean and grain futures were narrowly mixed on Wednesday as traders’ jitters eased after Iran and the United States signalled a de-escalation of tensions after an Iranian missile attack against U.S. forces in Iraq. Investors also continued to square positions ahead of a key U.S. Department of Agriculture (USDA) crop […] Read more
U.S. grains: Soybeans bounce on China trade hopes
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures recovered slightly on Monday from steep declines in the previous session as hopes for improved exports to China outweighed worries about rising tensions in the Middle East. Corn and wheat futures declined on technical selling and profit-taking from last week’s multi-month highs and as investors look ahead to […] Read more
U.S. grains: Futures weaken as Iraq strike rattles markets
Reading Time: 2 minutes Chicago | Reuters — U.S. grain and soybean futures crumbled on Friday as traders booked profits after being spooked by a U.S. air strike in Iraq that escalated geopolitical tensions in the Middle East. The strike that killed Iran’s most prominent military commander put markets on edge and opened the door for a setback a […] Read more
U.S. livestock: Hogs limit down on profit-taking, Middle East tensions
Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures tumbled by the daily trading limit to a three-week low on Friday as rising geopolitical tensions in the Middle East triggered profit-taking, analysts said. Losses hit markets after a U.S. air strike in Iraq killed Iran’s most prominent military commander, rattling traders of products from agricultural futures to […] Read more
Iran now self-sufficient in wheat, president says
Reading Time: < 1 minute New York | Reuters — Iran has become self-sufficient in wheat and aims to export wheat in the coming months, Iranian President Hassan Rouhani said on Thursday. “We had a good year that led Iran to stop importing wheat. We are planning to export wheat in the coming months,” Rouhani told a news conference on […] Read more
Iran banning all state wheat imports
Reading Time: < 1 minute Dubai | Reuters –– Iran banned state imports of wheat for a year starting on March 20, Tasnim news agency reported on Monday, ordering officials to stop registering new purchase orders. “There is no need for wheat imports in coming year. Please avoid registering any order for wheat (imports) from this date,” Iran’s minister of […] Read more
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