The Freeport LNG terminal in Texas will soon be back operational. Europeans can expect a modest drop in natural gas prices as exports resume. Source
Feb 6, 2023
“Fertilizer prices have declined by more than 40 percent since hitting record (nominal) highs last spring, especially due to recent drops in natural gas prices and fertilizer plants reopening in Europe… Though prices remain almost twice the level of two years...
Feb 3, 2023
“Fearing unrest over food shortage, China recommends development of rice bran industry to tackle the country’s emerging food crisis… China’s domestic crop output has been declining due to various reasons including the loss of fertile land,...
Feb 2, 2023
“The USDA’s Foreign Agricultural Service (FAS) indicated in a report this week, ‘Brazil: Grain and Feed Update,’ that, ‘Brazilian agricultural production is expected to continue growing in 2023, maintaining the trend of producing another...
Jan 31, 2023
“Iran and Russia have connected their interbank communication and transfer systems to help boost trade and financial transactions, a senior Iranian official said on Monday, as both Tehran and Moscow are chafing under Western sanctions… ‘Iranian banks...
Jan 31, 2023
With more EU sanctions taking effect, average distance of crude oil shipments is increasing, driving up the cost of energy. The sanctions have not prevented Russia from selling oil or other energy supplies, it has only forced Russia to ship their products to nations...
