Wheat futures rose for a second day in Chicago amid concern freezing weather in the US and Russia could damage crops, while traders kept an eye on geopolitical tensions.
Wheat futures rose for a second day in Chicago amid concern freezing weather in the US and Russia could damage crops, while traders kept an eye on geopolitical tensions.
India approved the export of some wheat-based goods, easing restrictions that have been in place for more than three years, on expectations for a strong harvest that will likely boost domestic supplies.
India approved the export of some wheat-based goods, easing restrictions that have been in place for more than three years, on expectations for a strong harvest that will likely boost domestic supplies.
Wheat harvesting in Ghaziabad, Uttar Pradesh, India.
Yara International ASA warned that it could abandon a planned low-emission ammonia project in the US if the European Union was to exclude fertilizers from its flagship carbon border levy.
Yara International ASA warned that it could abandon a planned low-emission ammonia project in the US if the European Union was to exclude fertilizers from its flagship carbon border levy.
Suspending the carbon levy on fertilizers would make it less appealing to invest in low-carbon output, as buyers in the region could import cheaper products. Photographer: Philippe Lopez/AFP/Getty Images
Wheat exports from Ukraine — one of the world’s major grain exporters — tumbled almost 25% in December as Russia stepped up attacks on the country’s port infrastructure that serves as its main export conduit.
Wheat exports from Ukraine — one of the world’s major grain exporters — tumbled almost 25% in December as Russia stepped up attacks on the country’s port infrastructure that serves as its main export conduit.
Russia has set a grain export quota of 20 million tons for the latter part of the season, a level that should allow the world’s top wheat shipper to maintain significant sales abroad.
Russia has set a grain export quota of 20 million tons for the latter part of the season, a level that should allow the world’s top wheat shipper to maintain significant sales abroad.
Key fertilizer stocks traded lower after a US decision to lift sanctions on one of the world’s major suppliers, though obstacles to flows are likely to persist.
Key fertilizer stocks traded lower after a US decision to lift sanctions on one of the world’s major suppliers, though obstacles to flows are likely to persist.
Workers inspect potash inside a storage facility at a potash mine in Saskatoon, Saskatchewan, Canada.
Fresh efforts to end the war in Ukraine are putting renewed scrutiny on what will happen to the flow of multiple raw materials that have been upended by the near-four-year conflict.
Fresh efforts to end the war in Ukraine are putting renewed scrutiny on what will happen to the flow of multiple raw materials that have been upended by the near-four-year conflict.
Gas transport pipes and processing infrastructure at a refinery in Poltava, Ukraine in 2017.
Anmelden
