Fall is often a time when farmers think about pre-purchasing or putting down some fertilizer in order to save a buck and some time in advance of the coming year. For late 2020, fertilizer tariffs on imports into the U.S. is changing the price dynamic and causing some uncertainty. Russian and Moroccan fertilizer companies have… Read More
Category: Fertilizer Markets
It’s no secret that COVID-19 has had an impact on the cost of raw materials and energy prices. Due to the plummeting cost of raw materials, growing production capacity, and mediocre demand, there have been pressures on the global price indicators of nitrogen, phosphate, and potash to fall either to or near ten-year lows. According… Read More
It seems like with the current state of the world, no one is short on questions; and fertilizer supply is no exception. Mike Lowery, Canadian sales manager for Archer Daniels Midland (ADM), and Jake Niederer, director of sales and marketing for ADM, joined RealAg Radio host Shaun Haney to discuss the current fertilizer market across… Read More
November is always a very interesting time for the markets. Analysts begin to have an idea of the crop volume and quality and farmers and looking to solidify their new crop marketing plans and are already beginning to think about planting intentions for the coming spring. Farmers also have to increasingly pay attention to the… Read More
More chatter about new crop acres continues to help the grain market trade sideways as we move towards the second half of March. Domestic corn-for-ethanol and soybean crush demand remains fairly strong, as does canola crush here in Canada which is up 20 per cent year-over-year last week, but the strength of the U.S. dollar… Read More
Low oil prices should translate into reduced input prices for farmers, but don’t expect to see major declines in fertilizer prices before the 2015 growing season, according to a lending institution consultant speaking at St. Jean Farm Days in Manitoba this week. “I think in the long run we will see our cost of production… Read More
The odds of a fertilizer shortage in Western Canada this upcoming spring are lower than they were last year, according to a Saskatchewan-based sales manager for fertilizer manufacturer Yara Canada. “We’re off to a good start. We’ve actually had record Q1 shipping of all products in Western Canada,” explains Dean Anderson in the interview below, filmed at… Read More
Staff at Cargill crop input retail sites in Manitoba are letting customers know that the company will no longer sell anhydrous ammonia (NH3) fertilizer after next spring. Due to its hazardous nature and the strict regulations surrounding the handling of NH3, it’s become harder to find reliable transportation, says the company. “Our decision was based on several factors including the increasing… Read More
With a challenging harvest underway, it’s probably not be a high priority, but now could be the time to lock in prices for some of next year’s nitrogen fertilizer. Lower crop prices will place an extra emphasis on managing input costs for the 2015 crop, notes Mike Jubinville, president and senior analyst with ProFarmer Canada,… Read More
Grains are seeing more premium priced in this week as the complex continues to deal with cold weather in North America and the political unrest in Eastern Europe. Due to depreciating currencies and affordable financing available, it’s expected that grain and oilseed acres and production in the Black Sea will decline significantly from last year…. Read More
Don’t shoot the messenger, but if you haven’t priced your nitrogen and phosphorus fertilizer for this year, things are about to get very ugly. Or uglier. There’s really no upside here, unless you happen to have a neighbour with livestock and a manure problem (which you might. Ask around. Don’t worry, I’ll wait here while… Read More
Nineteen years out of the last 23, you’d have saved money by pre-buying your fertilizer in the fall. Of course, fall application of fertilizer is subject to high rates of losses, potentially negating any savings and having a negative impact on the environment, and storing fertilizer isn’t always possible. So, it’s not surprising then that… Read More
Russia’s Uralkali has put the market through the ringer this morning. In a story that has many caught off guard, Russia’s Uralkali has decided to break up its partnership in Belarus Potash Company. This has greatly impacted the ability for the potash cartel to operate effectively. As reported on CNBC.com this morning, The break-up of the Belarus… Read More
It’s no surprise that the fertilizer markets have cooled off this fall, but those farmers shopping for a deal may not want to wait too long to pre-buy. Record prices for corn and soy will definitely pressure prices in to the new growing season, and international buyers are out shopping. Remi Schmaltz, general manager of… Read More
FNA is looking for farmer commitment and seed money for a new western Canadian fertilizer plant it has dubbed “ProjectN.” The organization is not looking to be an owner of this plant; FNA is acting only as facilitator to round up interest and fund the FNA Fertilizer Limited Partnership. “It needs to be clear that… Read More