Israel is preparing for the next phase of the war with Hamas, which is expecting to include a major ground offensive. The Red River Farm Network asked Martinson Ag Risk Management President Randy Martinson about this conflict and the impact on agriculture. “The biggest one will be crude, but the other one will be wheat,” said Martinson. “This region that’s being impacted by this new war is a huge consumer of wheat and they import a lot of wheat into this region. If this keeps escalating, it’s going to be trouble to get product into the region.” If the war expands beyond the Israel/Palestine area, agriculture will see other issues. According to StoneX fertilizer expert Josh Linville, over 50 percent of global urea exports come from the Middle East/North African area.
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