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 see fertilizer price surge as Iran war blocks exports, threatening losses
OPINION: How the Iran war could create a ‘fertilizer shock’ – an often ignored global risk to food prices and farming
A sustained disruption of traffic through Hormuz would not simply constitute an energy crisis. It would also represent a fertilizer shock (where prices go up dramatically and supply goes down) – and, by extension, a direct risk to global food security.
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.
Canadian farmers intend to plant more canola, less wheat in 2026
Canadian farmers expect to plant more canola and less wheat in 2026 compared to the previous year, according to the first planting intentions report from Statistics Canada released March 5. Barley, soybeans and corn area are also expected to increase, while oats, lentils and dry peas are forecast to decrease.
ICE Canada Weekly: U.S. biodiesel mandate will be a boon for canola
Canola is poised for more gains as the trade awaits the Trump administration’s decision on the latest biodiesel mandate, said Jamie Wilton, broker with RJ O’Brien in Winnipeg.
CBOT weekly: Planted area in focus
The seasonal fight for acres between soybeans and corn is in full swing in the United States as markets wait to get a clearer picture on planting intentions for the 2026 growing season.
Prairie Wheat Weekly: Western Canadian bids move upward
Western Canadian wheat bids as of March 3, 2026 were higher than the previous week, supported by rising U.S. wheat prices and good export demand for Canadian wheat.
China has reduced tariffs on Canadian canola, peas, federal government confirms
China has suspended anti-discrimination tariffs on canola meal and peas until the end of the year and reduced tariffs on canola seed, Canada’s government confirmed today.