BLOG

The war in the Middle East is not hitting global grain markets through a direct collapse in wheat or corn supply, at least not yet.

Soaring nitrogen costs triggered by war-related energy disruptions are prompting European farmers to cut fertilizer use, scale back corn and wheat plans, and shift acreage toward less input-intensive crops, raising fresh concerns over grain supplies, yields, and import dependence, Platts, part of S&P Global Energy, reported.