Farmers

Ripple effects of oil and fertiliser shortage felt by farmers in India and Sri Lanka despite governments saying there is enough stock to go roundGurvinder Singh never thought the war in Iran would touch his quiet corner of Punjab.Yet looking out over his smallholding, where he alternates between wheat and rice crops in the state known as India’s breadbasket, the 52-year-old farmer can barely think of anything else. His anxiety over a conflict playing out thousands of miles away is crippling as he fears what will come of this season’s rice crop. Continue reading...

State and federal leaders due to discuss assistance for business sectors but petrol rationing not expected to find backingFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastFarmers say the federal government must help them with tax breaks and underwriting fertiliser purchases to survive the fuel crisis, with Monday’s national cabinet expected to discuss more assistance to businesses amid ballooning petrol prices.Federal and state governments have remained tight-lipped about what would be on the meeting’s agenda but state premiers have urged the Albanese government to take a stronger national coordination role in the crisis. Continue reading...

President offered new federal loan guarantees and an update to renewable fuel standards to boost US agricultureDonald Trump is offering aid to farmers and food suppliers as they face a fresh set of challenges amid the US-Israel war on Iran, the White House announced Friday.After a White House event with farmers on Friday, Trump introduced several new measures, including new federal loan guarantees and an update to renewable fuel standards, meant to boost US agriculture as the conflict in Iran continues. Continue reading...

Allan Leighton predicts food prices will inevitably rise as group’s full-year profits dive by a third to £764mAsda’s executive chair has called on the government to “stand up and start doing stuff” to support farmers and ease the price of fuel as he warned that food prices would inevitably rise as a result of the conflict in the Middle East.Allan Leighton said farmers were under pressure but the supermarket had so far received “a trickle of requests not an avalanche” of cost price increases from its suppliers, as they were under pressure from higher fertiliser, energy and fuel costs. Continue reading...

Iran conflict could see shortages not just in fuel, but fertiliser and fossil fuel resins – used to make milk bottlesGet our breaking news email, free app or daily news podcastFarmers say Australian consumers could pay more for everyday staples for the next year at least as a result of the US-Israel war on Iran.But the CEO of dairy farmer cooperative Norco, Michael Hampson, says a six to 12 month disruption to food supply is likely a best-case scenario, depending on the strait of Hormuz reopening soon and global petrochemical supply chains beginning to stabilise. Continue reading...

Closure of strait of Hormuz – a key fertilizer production and transportation route – has squeezed farmers as prices jumpRodney Bushmeyer has been farming as long as he can remember. Bushmeyer’s father was a farmer, as was his grandfather.The family-run Bushmeyer Farms in Illinois dates back more than 100 years, when his ancestors came to the US from Germany. They acquired the first 80 acres cost-free as homesteaders, cleared the land, and worked it. Continue reading...

Independent retailers are struggling to get fuel from the majors and say farmers have only responded to soaring prices and lack of availabilityGet our breaking news email, free app or daily news podcastRural fuel distributor Paul McCallum hopes the worst is over.At the start of the month, as fuel prices surged after the US and Israel bombed Iran, farmers started bringing their diesel orders forward, requesting “a boisterous but not over the top” 1.5m litres from his company Inland Petroleum. Continue reading...