Chicago corn futures reach one-year high as war-driven costs surge

11 articles · Updated · Bloomberg · Apr 30

Corn futures on the Chicago Board of Trade rose 0.3% to $4.7925 a bushel, marking a fourth consecutive session of gains.
Rising fertilizer and energy prices, fueled by ongoing conflict and oil hitting wartime highs, are increasing production costs and threatening corn yields and acreage.
Market concerns intensified after reports that US President Trump will be briefed on new military options for Iran, signaling potential further escalation in the Middle East.

Is the corn price spike a true crisis signal or a speculative bubble about to burst?

How will the Mideast conflict and record shipping costs impact your next grocery bill?

How close is the world to a major food crisis with the Strait of Hormuz virtually closed?

What new trade routes are emerging to bypass the paralyzed Strait of Hormuz?

Can smart farming alone save farmers from record-high fertilizer and fuel costs?

Could this crisis force a global shift to fossil fuel-free 'green' fertilizers?