News
South American corn and soybean production estimates will be closely watched
Editor Bill Watts leads a discussion with Lane Akre covering markets and how the war has affected crop prices before tackling what impact the closure of the Strait of Hormuz has on crop acres with Hillari Mason.
The grain and oilseed surged higher early in the overnight session but have since fell well off session highs.
Grains rally as crude oil soars above $100 a barrel
Strait of Hormuz virtually closed as marketplace reassesses war’s timeline.
Bloomberg Spot Commodity Index surpasses 2022 peak as energy markets soar
The situation in Iran drove fertilizer prices higher this week while raising shortage fears. Analysts warn higher input costs could shift up to 1 million 1.5 million acres from corn to soybeans this spring.
