Page 2 - Agrinvest Commodities News Today

Shipping data shows at least 24 ships filled with 678,000 tonnes of Russian fertilizer are en route to Brazil despite sanctions.

Despite concern that sanctions against Russia would cause a shortfall of fertilizer in Brazil, preliminary shipping data shows orders being fulfilled and vessels heading for Brazil, potentially allowing a normal grain planting season. At least 24 vessels carrying almost 678,000 tonnes of Russian fertilizers from ports in the country are expected to reach Brazil in ...

By Ana Mano SAO PAULO (Reuters) - Despite concern that sanctions against Russia would cause a shortfall of fertilizer in Brazil, preliminary shipping ...

RIYADH: Gold edged lower on Tuesday as the dollar strengthened, with expectations that prices in the near-term could retest bullion’s resistance at the key $2,000 per-ounce level. Spot gold was down 0.1 percent at $1,977.19 per ounce, as of 0409 GMT. US gold futures slipped 0.2 percent to $1,981.60. Gold climbed to $1,998.10 on Monday, buoyed by safe-haven demand, as the

Bloomberg's Tarso Veloso Ribeiro reported yesterday that, "Corn futures in Chicago exceeded $8 a bushel for the first time in almost a decade, approaching a record high as war threatens global supplies, boosting demand for U.S. grain." 

Despite concern that sanctions against Russia would cause a shortfall of fertilizer in Brazil, preliminary shipping data…

The South American nation ships in more than 85% of its fertilizer demand.

After a week in which half of the retail fertilizer prices were lower, prices for most fertilizers moved higher the first week of March 2022.

Brazilian farmers are having trouble getting fertilizer for the next soybean crop after Russia's invasion of Ukraine, a blow to producers already dealing with surging costs.

Some of the first consequences of the Ukraine conflict? Belarus, a close ally of Russias Vladimir Putin, has announced that the Belarus Potash Corporation, BPC, will no longer abide by some contracts following sanctions imposed by the United States and other countries.