Yara’s fertilizer terminal at Stockton, California. (Sebastian Braum photo, Yara.com)

Fertilizer maker Yara says world faces extreme food supply shock

Sanctions cut global fertilizer supply 15 per cent, company says

Davos, Switzerland | Reuters — Norwegian fertilizer giant Yara says donors urgently need to close the U.N.’s $10 billion food programme funding gap to avoid a catastrophe as sanctions on Russian fertilizers and Ukraine’s grain export problems have created an extreme global shock. “The world has realized that food can be a weapon and it […] Read more




Ammonium sulphate. (Ind-Svcs.com)

Louis Dreyfus ring-fences some units, considers options

London | Reuters — Louis Dreyfus Commodities is ring-fencing its crop inputs, metals, juice and dairy units and is considering options ranging from joint ventures to the sale of certain assets, a senior company source said. In December, Reuters reported the trade house had been seeking buyers for its juice and fertilizer units for some […] Read more


Officials meet Thursday at Moscow’s Government House to discuss the government’s planned retaliatory sanctions on Canada, the U.S., the EU and other nations. (Government.ru)

Russia ‘completely’ blocks Canadian meat, fruit, vegetable imports

Moscow/Kiev | Reuters — Moscow imposed a total ban on imports of foods from Canada and other Western nations on Thursday in retaliation against sanctions over Ukraine, a stronger than expected measure that isolates Russian consumers from world trade to a degree unseen since Soviet days. In eastern Ukraine, a Dutch recovery team called off […] Read more