Some fertilizer pricing decisions and applications for the 2023 crop have already been made, but there’s plenty to be priced between now and April. For a look at current and future fertilizer markets, we go to Josh Linville of StoneX, and start with the apparent lull in prices — is this a temporary reprieve from… Read More
Category: Fertilizer Markets
On the heels of the federal government announcing fertilizer tariff funds would be sent to Ukraine to rebuild the power grid there, Grain Farmers of Ontario has released a report outlining the need for unfettered fertilizer access. Entitled “Farmers Need Fertilizer,” the report was authored by Josh Linville, vice president fertilizer with StoneX. It outlines… Read More
Farmers in eastern Canada paid millions of dollars more for fertilizer beginning in early 2022 as a result of the federal tariff levied against fertilizer from Russia and Belarus, and now farmers want that money back. Finance Canada says the federal government collected approximately $34.1 million in tariff income on fertilizer imported into Canada from… Read More
Pricing and sourcing nitrogen and other fertilizer for the 2022 season was difficult and expensive. While many assumed the events and situations that caused much of the problem — Russia’s invasion of Ukraine, pandemic-affected ports, etc. — would have subsided by now, the opposite seems more likely. With a natural gas crisis in the EU… Read More
The U.S. agriculture industry — and economy as a whole — breathed a sigh of relief early Thursday morning when Labour Secretary Marty Walsh tweeted that a tentative agreement had been reached between rail companies and the unions representing railway workers that were threatening to go on strike on Saturday. The Canadian agriculture sector, for… Read More
Nitrogen has been a hot topic, not only in Canada when it comes to emissions reductions, but worldwide as Europe faces steep increases on natural gas prices, which may have crop rotations shifting in the coming years for those producers, creating a domino effect for North American growers. In Europe, they’ve see a 3600 per… Read More
There’s no doubt that nitrogen prices have seen a steep price increase again as of late. Most of this momentum is being propelled by the current state of the natural gas market. Sam Taylor, farm input analyst with Rabo AgriFinance, says North American natural gas prices are the highest they’ve been since about 2008. “What… Read More
Fertilizer pricing and supply continues to occupy the mental space of farmers across North America. There are still as many questions about the future of fertilizer prices as there have been since they skyrocketed following the summer of 2021. Supply chain issues and the war in Ukraine have created volatility, and many are watching the… Read More
The CEO of Sollio Agriculture says there will be certain fertilizer products unavailable for the 2023 growing season, but that nitrogen fertilizer supply for purchases this fall and winter should meet the need of eastern Canadian farmers. Casper Kaastra, head of the co-operative, says there are three key times of year for sourcing nitrogen. Last… Read More
Perhaps the only thing that made 2022 fertilizer prices palatable was the equally high commodity market prices. However, as farmers look ahead to the 2023 growing season, many are wondering if the high input prices are here to stay, even against declining commodity prices. Josh Linville is the fertilizer director with StoneX Financial, and says… Read More