Wall Street opened lower Monday as the inflationary jolt from surging oil prices threatened to raise living costs and interest rates around the globe, while investors desperate for liquidity fled to the U.S. dollar.
Shares slump, bonds skid as oil surge threatens inflation shock
Fertilizer markets tighten as Russian exports hit capacity limits
With Russian output constrained by infrastructure and domestic obligations, growers facing long-term supply crunch
Fertilizer producers in Russia, the world’s largest exporter, will not be able to make up for a potential global shortfall linked to the U.S.-Iran conflict as their ability to boost supply is constrained, industry sources told Reuters.
Farmers see fertilizer price surge as Iran war blocks exports, threatening losses
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.
Farmers expected to boost canola area beyond Statistics Canada intentions report
Canadian farmers might plant more canola acres than the 21.8 million that Statistics Canada reported in its seeding intentions report released on Thursday morning, analysts told Reuters.
Bunge exploring alternative shipping routes amid Middle East conflict
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.
Britain launches bird flu vaccine trials in turkeys
Britain has begun targeted bird flu vaccine trials in turkeys, the government said on Thursday, marking a shift in its approach to controlling the disease that has ravaged flocks and pushed some countries to adopt the technique to help reduce losses.
U.S. to seek more foreign tariff cuts, CUSMA improvements in 2026
The U.S. Trade Representative’s office said on Monday it will seek further reductions in foreign tariffs and non-tariff barriers this year, enforce its “reciprocal” trade deals and consider launching new unfair trade practices investigations.
Some fertilizer prices rise as Iran conflict escalates
Some fertilizer prices surged following the impact of the escalating Middle East conflict on supplies moving through the Strait of Hormuz, analysts told Reuters on Monday.
China slashes anti-dumping tariff on Canadian canola in final ruling
China on Saturday sharply reduced its tariff rate on Canadian canola seed in the final ruling of a 17-month anti-dumping investigation, following a thaw in relations between Beijing and Ottawa.
India, Canada aim for trade pact by year-end, propose pulse protein ‘centre of excellence’
India and Canada will aim to conclude a free trade pact by the end of this year, Prime Minister Mark Carney said on Monday during his first visit to New Delhi.
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