Articles Tagged with ''russia''

The war in Ukraine is threatening to cut global grain supplies and worsen food insecurity, leading to proposals to ramp up agricultural production in the United States and Europe by planting crops this year on conservation acreage.

The Russian government's decision to suspend fertilizer exports will threaten supplies for farmers in the European Union, South America and Africa while eventually pushing up prices that U.S. farmers must pay, according to analysts.

The U.S. exports more than $130 million worth of poultry and poultry products annually to Central Asian nations and other nearby countries like Armenia and Georgia, but all of that trade is threatened by the Russian invasion of Ukraine.

The nearly week-long Russian invasion of Ukraine is threatening to restrict already tight global supplies of grain and fertilizer as Black Sea distribution hubs and supply lines shut down amid the chaos and violence that is only expected to worsen as Russian aggression intensifies and Western sanctions broaden.

The war in Ukraine may impede the country’s ability to export millions of tons of wheat and corn to China, Saudi Arabia, Indonesia, Turkey and elsewhere, and U.S. grain could be called on to fill the supply gap.

The Commerce Department issued a preliminary finding Tuesday that imports of urea ammonium nitrate solutions (UAN) from Russia and Trinidad and Tobago were sold into the U.S. at below market prices, paving the way for anti-dumping duties and drawing the ire of farmers that need affordable fertilizer.

Fertilizer prices have risen quickly and the National Corn Growers Association is warning that new tariffs on imports could make the situation even worse for farmers.

The cost of fertilizer exploded in 2021 and farmers across the country are going to be hit even harder in 2022, according to a new study by Texas A&M University’s Agricultural and Food Policy Center.

The Biden administration is still planning to hit exports of potash fertilizer from Belarus with sanctions, but it won’t do so until the end of April. That will give farmers time to stock up on the input, according to the National Corn Growers Association.

The U.S. Court of International Trade has agreed to take into consideration arguments by five major U.S. farm groups against a decision this year by the U.S. International Trade Commission to allow tariffs to be placed on phosphate fertilizer imports from Morocco and Russia.