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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.

Just as wheat prices hit a new all-time high, the March contract was spooked, as profit taking caused the front-month contract to drop more than 80 cents in minutes. Despite that, the fundamental story hasn’t changed.

Market Watch is a weekly overview of factors driving prices of ag commodities. It is not intended as trading advice. For detailed strategy and advice, call Brugler Marketing @ 402-697-3623.

When we talk about defining leadership, it looks different from one leader to the next.

Russia halts fertilizer shipments

In the first quarter of 2022, Mosaic has a pair of announcements about its expanding biological product marketing and portfolio.

Three factors may play a role in how U.S. growers fare in 2022, according to Eric Snodgrass, principal atmospheric scientist for Nutrien Ag Solutions.

Soft Red Winter (SRW) futures hit an all-time high Friday, as consecutive limit up trading days meant wheat prices topped a previous high set in 2008.