A major determinant for the competitiveness of Ukrainian fertilizer on global export markets is its cash cost of production, and the country's current conflict presents a threat to this domestic industry.
U.S. President Barack Obama is scheduled to meet Petro Poroshenko, Ukraine's newly elected president, for the first time in Warsaw on Wednesday in talks aimed at finding ways to de-escalate the Ukrainian crisis. According to the most recent news reports, the situation in eastern Ukraine continues to deteriorate with ongoing fighting between separatist rebels and the country's military. Considering that Ukraine is an important swing producer and exporter of both ammonia and urea, any disruption to production of port operations there woul...
Key Takeaways: Milk alone has not covered the full economic cost in any year since 2021: milk revenue fell short by $4.50, $2.15, $6.50, $1.27 and $2.34 per hundredweight in 2021 through 2025. Calf and cattle prices decided whether dairies cleared cost: cattle and other income lifted total rev...
Key Takeaways: Dry bulk markets are mixed with Capesize rates seeing solid gains while Panamax values slipped on a growing tonnage list. Supramax and Handysize vessels were stronger, though all sectors remain vulnerable to the seasonal dip in rates through Q4 and into Q1. Falling water l...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
