Iran Super Thread- Merged

[Cloud Cover]

No it won’t come down because the corn to ethanol process creates some of the highest concentration of distilled protein that is used in animal feed. All kinds of other livestock also depend on that protein.

Edit: I’ll tell you what’s unwinding here (potentially). The whole modern industrial scale system of agriculture and food production that relies on energy mining outputs to create inputs to produce feed and crops for 8 billion people is at some level of risk that’s far above zero, but just below catastrophic.

 

[HavokFour]

The Iranian response to the Pars strike.

QatarEnergy reports 'extensive damage' after missile attacks on Ras Laffan

Qatar's state oil giant QatarEnergy said ‌on Wednesday that Iranian missile attacks on Ras Laffan, the site of the country's core LNG processing operations, caused "extensive damage."

www.reuters.com

Ras Laffan, located 80 km north of Doha, is an energy-industry hub and hosts several international companies.

Qatar's foreign ministry told Iran's security and military attaches to leave the country within 24 hours and declared them "persona non grata".
In a statement, the ministry condemned the attack as a "direct threat" to its national security and accused Iran of ‌taking ⁠an "irresponsible approach."

Saul Kavonic, head of research at Australia's MST Marquee, said attacks on Ras Laffan "could cause a lasting global gas shortage, but this wont pressure the Trump administration because the U.S. benefits economically from high global gas prices"

More incentive for Canada to get going on more pipes.

 

[suffolkowner]

No it won’t come down because the corn to ethanol process creates some of the highest concentration of distilled protein that is used in animal feed. All kinds of other livestock also depend on that protein.

Edit: I’ll tell you what’s unwinding here (potentially). The whole modern industrial scale system of agriculture and food production that relies on energy mining outputs to create inputs to produce feed and crops for 8 billion people is at some level of risk that’s far above zero, but just below catastrophic.

theres no point in planting corn without nitrogen thought and if nitrogen costs reduce the benefits of planting? Corn prices going up?

 

[CBH99]

Not to distract from the Iran situation, but just how dependent are Canadian farmers on fertilizers coming from that part of the world?


You'd think one pillar of domestic food security would be our ability to produce our own high quality fertilizers - to protect North American agriculture and food production from global 'events' such as this.

 

[suffolkowner]

Not to distract from the Iran situation, but just how dependent are Canadian farmers on fertilizers coming from that part of the world?


You'd think one pillar of domestic food security would be our ability to produce our own high quality fertilizers - to protect North American agriculture and food production from global 'events' such as this.

AI says we produce more than we use, but if the price goes up

 

[Remius]

Not to distract from the Iran situation, but just how dependent are Canadian farmers on fertilizers coming from that part of the world?


You'd think one pillar of domestic food security would be our ability to produce our own high quality fertilizers - to protect North American agriculture and food production from global 'events' such as this.

This article breaks it down.

https://www.cbc.ca/news/canada/saskatchewan/war-in-middle-east-driving-up-costs-for-canadian-farmers-9.7124948

Our imports come from the US and Algeria. The issue it seems isn’t supply for us. It’s cost linked to the global market.

 

[Cloud Cover]

Not to distract from the Iran situation, but just how dependent are Canadian farmers on fertilizers coming from that part of the world?


You'd think one pillar of domestic food security would be our ability to produce our own high quality fertilizers - to protect North American agriculture and food production from global 'events' such as this.

We’re not dependent, but our suppliers sell to the highest bidder in our trading circles. That’s what drives up the costs. If the price is too high we can’t buy it.
We also sell our ag to the highest bidder. There’s no walking back or insulating the price shock.

Larger operations will need help.

 

[brihard]

Not to distract from the Iran situation, but just how dependent are Canadian farmers on fertilizers coming from that part of the world?


You'd think one pillar of domestic food security would be our ability to produce our own high quality fertilizers - to protect North American agriculture and food production from global 'events' such as this.

When fertilizer can be readily sold elsewhere and price dictates, our farmers will still to an extent be at the mercy of that. If a Canadian fertilizer company can sell to a suddenly desperate Asian agricultural buyer for double the usual price, then a Canadian farmer will have to match that price adjusted for shipping and transaction costs. It would otherwise cost the Canadian fertilizer producers lost profit to sell below market domestically. The Canadian farmer could sit in the same grid square as a co-op, a fertilizer plant, and a potash mine, and will still have to compete as a buyer with the Asian or African or Middle Eastern agricultural supplier that’s willing to pay what the market will bear.

We’re now into supply shock territory with the whole supply curve shifting for at least a while.

 

[brihard]

Yeesh. International Atonomic Energy Agency confirms a building 350 meters from Iran’s Bushehr nuclear reactor was struck and destroyed. Bushehr is an operating Pressurized Water Reactor.

https://twitter.com/x/status/2034306777614065834