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Global food prices hit an all-time high in February, led by sharp increases in vegetable oil and dairy prices as well higher costs for grains, according to the UN Food and Agriculture Organization.

The Russian government's decision to suspend fertilizer exports will threaten supplies for farmers in the European Union, South America and Africa while eventually pushing up prices that U.S. farmers must pay, according to analysts.

The National Farmers Union, along with six of its state affiliates and five “right to repair” organizations, filed a complaint to the Federal Trade Commission Thursday alleging farm equipment giant John Deere is violating antitrust laws by restricting access to software embedded in its machines.

Canada has officially released its proposal on how it would change the way it operates tariff rate quotas for imports of U.S. dairy and launched public consultations on implementing the proposed alterations, but an American dairy industry leader says the pitch by Global Affairs Canada is “unacceptable.”

The U.S. exports more than $130 million worth of poultry and poultry products annually to Central Asian nations and other nearby countries like Armenia and Georgia, but all of that trade is threatened by the Russian invasion of Ukraine.

A leading U.S. ag economist thinks the Biden administration may have to open up the Conservation Reserve Program to cropping this year because of grain shortages that could result from the crisis in Ukraine.

The nearly week-long Russian invasion of Ukraine is threatening to restrict already tight global supplies of grain and fertilizer as Black Sea distribution hubs and supply lines shut down amid the chaos and violence that is only expected to worsen as Russian aggression intensifies and Western sanctions broaden.

National Farmers Union members agreed Tuesday to put market competition, dairy policy reform, climate change, food processing reform and the agricultural supply chain at the top of their policy agenda for the upcoming year.