Ukriane

After weeks of steady decline, oil prices ticked higher to start the week.  Patrick DeHaan with Gasbuddy.com said West Texas Crude increased about 2% in Monday’s action, trading around $69-$70 per barrel.  He said oil prices have perked up a bit after fighting between Ukraine and Russia intensified over the weekend.   “Russia, sending...

Earlier this week, the U.S. International Trade Commission ruled against imposing tariffs on nitrogen fertilizers imported from Russia and Trinidad and Tobago. The decision comes after CF Industries filed a petition with ITC in late 2021, requesting that the commission place tariffs on urea ammonium nitrate used in liquid fertilizers.  Sh...

Russia’s war against Ukraine is hitting Americans in the pocketbook and many overseas in the stomach.  Ukrainian grain exports have collapsed, and Western sanctions limit Russian oil and fertilizer exports.  All of this makes U.S. and European...