Potential Impact to Fertilizer Markets by Middle East Conflict

Dan Fertilizer, Fertilizer

The conflict in the Middle East has several markets on edge, including fertilizers. Andy Jung, vice president of market and strategic analysis with Mosaic, is closely watching the situation between Israel and Hamas. “Well, the worst-case scenario is pretty easy to draw up. If there was a widening of the conflict, if Iran in particular were to get involved, and …


FAPRI Releases U.S. Baseline Outlook

Dan Agri-Business, Beef, Cattle, Corn, Cotton, Dairy, Eggs, Fertilizer, Field Crops, Livestock, Peanuts, Pork, Poultry, Soybeans, Wheat

The Food and Agricultural Policy Research Institute (FAPRI) at the University of Missouri released its annual U.S. Baseline Outlook report. It includes projections for agricultural and biofuel markets and helps in evaluating alternative scenarios for agricultural policy. “Projected prices for most crops, poultry, and dairy products all retreat in 2023 from recent peaks, and so do some production expenses,” says …


Fertilizer Prices Continue Dropping from Peak Levels in 2022

Dan Economy, Fertilizer, Fertilizer

After reaching historic highs in 2022, prices for major fertilizers have trended consistently lower since then. Farmdoc Daily from the University of Illinois says supply and demand fundamentals, as well as some resolution of the ongoing impacts of the Russia-Ukraine conflict, were contributing factors. Fertilizer prices peaked during the second quarter of 2022, when anhydrous ammonia reached $1,635 per ton …


Manure Recycling on the Farm

Dan Beef, Biofuels/Energy, Cattle, Dairy, Environment, Equine, Fertilizer, Greenhouse Gas, Livestock, Pasture, Pork, Poultry, Sheep-Goats, This Land of Ours

It’s another type of recycling on the farm. That’s coming up on This Land of Ours. Farmers who utilize manure as a fertilizer mostly get the aromatic livestock byproduct from their own operations. New data from USDA’s Economic Research Service shows most manure applied to U.S. cropland, 78 percent, comes from animals raised on the same operation. Meanwhile, 14 percent …

fertilizer production

USDA Investing $29 Million in More American-Made Fertilizer Production

Dan Agri-Business, Fertilizer, Funding

Last week, the U.S. Department of Agriculture (USDA) announced it received over 350 applications for $3 billion in funding to expand domestic fertilizer production capacity. The applications came from 47 states and two territories for the first two rounds of a new grant program to add innovative domestic fertilizer production capacity. USDA also announced the first $29 million in grant …


Rabobank: Fertilizer Prices Lower in 2023

Dan Agri-Business, Economy, Fertilizer

Fertilizer consumption suffered in 2022 due to market volatility and record-high prices. However, a new Rabobank report says a recovery in consumption is possible in some regions next year, with fertilizer prices lowering and commodity prices at historically high levels. “The affordability index’s moving average is trending lower as fertilizer prices are returning to pre-Ukraine War levels,” says Rabobank. “For …


Mosaic Company Announces Hurricane Ian’s Impact on its Fertilizer Producer

Dan Fertilizer, Florida

The Mosaic Company recently announced that North American Phosphates was negatively impacted by damage caused by Hurricane Ian. Significant flooding and high winds were experienced throughout central Florida during the storm, and this caused modest damage to Mosaic Company facilities and supporting infrastructure. Early assessments indicate phosphate production could be down by approximately 200,000-250,000 metric tons, split roughly evenly between …