Russia’s trade and industry ministry has recommended the country’s fertilizer producers temporarily halt exports, the ministry said Friday, in a sign that sanctions imposed could have a global impact.
The European Union is facing a shortfall in sunflower oil as war blocks exports from key supplier Ukraine, vegetable oil industry group FEDIOL said on Friday.
Chicago wheat futures rose sharply on Monday after hitting 13-1/2 year highs on Friday, lifted by concern that Russia’s invasion of Ukraine and Western sanctions will continue to disrupt Black Sea region grain exports.
European stocks rose Friday after Wall Street’s late rally. Investors welcomed Western sanctions on Russia that targeted its banks without blocking global payments system, leaving its energy sector largely untouched.
A commercial chicken flock in Kentucky tested positive for a highly lethal form of bird flu, officials said on Monday, widening an outbreak that threatens the U.S. poultry industry.
Pesticide and seed producer Bayer said on Monday a supplier of an ingredient for its widely used herbicide glyphosate has run into technical problems which may hamper Bayer’s output of the product in the short term.
A federal judge on Friday blocked for now the Biden administration from restoring Obama-era values for calculating the cost of climate change in the government’s permitting, investment and regulatory decisions.
U.S. goods exports to China fell in December, cementing a $45 billion increase in the 2021 U.S.-China trade deficit and a major two-year shortfall in Beijing’s purchase commitments under the “Phase 1" trade deal.
The U.S. Department of Agriculture will invest $1 billion in pilot projects that promote farming, ranching and forestry practices that cut greenhouse gas emissions or capture and store climate-warming carbon.
