Institution: Ceasefire Struggles to Resolve Fertilizer Bottleneck, Limited Support for Grain Market
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
```htmlGolden Ten Data reported on April 9 that Jake Hanley from Teucrium Trading stated that grain futures received only limited support from the ceasefire with Iran, as the conflict has already significantly impacted fertilizer supplies. In his report, he noted: “Even if the Strait of Hormuz reopens tomorrow, the corn market still faces a problem that won’t be resolved until at least 2027.” He pointed out that disruptions to shipping through the strait and damage to natural gas facilities in the region will not recover in the short term, and the cost for farmers to obtain fertilizer could rise sharply. Farmers unable to afford the high prices may be forced to ration their limited fertilizer throughout the entire growing season.```
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
An address holds about 20.8 million ZC, currently valued at approximately $316,000.
Odaily星球日报•2026/09/29 10:01
Tronox, JX Advanced Metals sign rare earths cooperation and investment pact
Bitget•2026/09/29 10:01
Rocket Mortgage Adopts VantageScore 4.0 as Preferred Credit Scoring Model for Certain Loan Products
MT newswire•2026/09/29 09:56
Crypto prices
MoreBitcoin
BTC
$84,189.1
+1.79%
Ethereum
ETH
$2,715.86
+2.63%
Tether USDt
USDT
$0.9997
+0.02%
BNB
BNB
$764.35
+0.58%
XRP
XRP
$1.51
+1.90%
USDC
USDC
$1.0000
+0.01%
Solana
SOL
$119.86
+1.62%
TRON
TRX
$0.3354
+0.45%
Zcash
ZEC
$1,425.54
-7.83%
Hyperliquid
HYPE
$88.58
-0.72%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now