Articles Tagged with ''Iran''

As Washington prepares for a big week in agriculture, with review of the North American trade deal, farm labor legislation and one of USDA’s biggest reports of the year all on tap, the fragile ceasefire between Washington and Tehran was tested this weekend. EPA’s new mandates for biomass-based diesel under the Renewable Fuel Standard are welcome, but the soybean crush industry also needs a signal from the agency on whether to keep expanding, Clean Fuels Alliance America CEO Donnell Rehagen says.

U.S. talks to end the war with Iran advanced over the weekend even as uncertainty hung over the status of trade flows through the Strait of Hormuz. Even in the best-case scenario for resuming key cargoes through the Strait of Hormuz, it will take time for disrupted energy and fertilizer markets to recover, says Corey Rosenbusch, president and CEO of The Fertilizer Institute.

Key nitrogen fertilizer prices are falling as the world waits to see if a preliminary U.S.-Iran peace deal will hold. Even in the best-case scenario, it will take time to get facilities back up and fully running, says Bloomberg Intelligence analyst Alexis Maxwell. 

President Donald Trump announced a “deal” with Iran Sunday involving the reopening of the Strait of Hormuz. Circularity Fuels says it has completed the world’s first end-to-end conversion of raw agricultural biogas into sustainable aviation fuel, putting the California startup closer to making SAF at a cost rivaling standard jet fuel.

A peace deal between the U.S. and Iran was forged Sunday after 107 days of war that wreaked economic chaos on global fuel and fertilizer supply chains. In Washington, the House is in recess all week while the Senate reconvenes Monday afternoon.

President Donald Trump says he doesn’t care if negotiations with Iran over the U.S.-Israeli war on the country are over. Sixty-five national and state commodity groups on Monday asked the Commerce Department to remove countervailing duties on phosphate fertilizer imports.