Wednesday, October 8, 2025

Latest

Corn Soars to Decade High on Ukraine Crisis, Poor Weather

Corn prices soared to the highest in nearly 10 years this week, as global supplies face increased crop shortages in Ukraine amid Russia’s military conflict, while poor weather in North America threatens to derail the upcoming planting season.

US corn futures jumped to over $8 per bushel on Monday, as Russia’s military operation in Ukraine showed no signs of abating after armed forces stormed Mariupol over the weekend. Ukraine, which is responsible for approximately 16% of global corn exports, faces increased threats of trade disruptions, prompting increased demand from alternative sources, such as US agricultural exports.

However, an unexpected fertilizer supply shock and subsequent jump in prices threatens to disrupt the current planting season in the US, as cash-strapped producers are forced to plant more soybeans in lieu of corn since the former requires less nutrients. To make matters worse, unseasonably cool weather across the Canadian prairies has already delayed the planting season by more than one week.

“We are not seeing a lot of warm temperatures and soil temperatures are not coming up as fast as they should. This will be a problem in May, if this trend continues,” warned WXrisk owner David Tolleris, as cited by Bloomberg.


Information for this briefing was found via Bloomberg and the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Fortune Bay: The Potential Billion Dollar Project

Japan Gold Enters New Chapter as Barrick Alliance Concludes – John Proust

Barrick Mining’s “Company Defining [Gold] Discovery”

Recommended

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

ESGold Secures $9 Million In Non-Dilutive Funding From Ocean Partners

Related News

Addressing Gas Supply Woes: It’s Restarting Coal Plants For Germany; It’s Rebate Cards For Biden

With the prices of energy resources set to further spike amid the ongoing Russia-Ukraine war,...

Tuesday, June 21, 2022, 02:14:00 PM

Ukraine Halts Grain Product Exports in Effort to Avert Humanitarian Crisis

Brace yourselves, global food prices are about to get a lot higher. Ukraine on Wednesday...

Thursday, March 10, 2022, 11:49:00 AM

Biden Confirms That G-7 Nations Will Announce Ban On Russian Gold Imports

Leaders of the G-7 nations are set to announce a ban on Russian gold imports...

Monday, June 27, 2022, 10:23:00 AM

Apparently, Russian Oil Tankers Are Going Dark To Circumvent Sanctions

On face value, the world is striving to ice out Russian oil following President Vladimir...

Thursday, March 31, 2022, 11:23:00 AM

Russia Bypasses SWIFT, Launches New Yuan Transfer System

It appears that sanctions are not biting Russia as hard as the West had hoped....

Wednesday, September 7, 2022, 08:10:00 AM