Iran

War in Iran Impacting Farm Inputs and Outputs

It’s getting difficult in the farming area now. The war in Iran is creating some big issues on freight rates and fuel surcharges, not counting the increases in energy and fueling a spike in fertilizer prices and also cotton because of the rise and they said the price is a polyester. The cotton market is booming again. Inflation risks are elevated which could possibly …

U.S. peanut exports

A Look At US Peanut Exports

Well about 20% of the peanut crop produced in the United States is exported. Let’s check the numbers on that. For December 2005 to December 2004 compared, the U.S. exported 34,586 metric tons, a surprising increase of 2%. The increase is driven by a continuous strong export to Mexico, which was up 32%. All other major markets were down, with Canada down 8%, China was down 3%, European …