fertilizer

Bill Solidifies Critical Fertilizer Minerals

Dan Agri-Business, Environment, Fertilizer, Fertilizer, Legislative

The Fertilizer Institute (TFI) thanks the U.S. Senate for introducing bipartisan legislation to include phosphate and potash on the final list of critical minerals of the Department of the Interior. TFI says the legislation will recognize the importance of ensuring a strong and sustainable domestic fertilizer supply for American farmers. “The majority of the world’s phosphate and potash resources are concentrated …

tfi

TFI: Tightening of Air Standards will Hamper Fertilizer Production

Dan Environment, Fertilizer, Fertilizer

This week, The Fertilizer Institute (TFI) expressed alarm with the Environmental Protection Agency’s lowering of the National Ambient Air Quality Standards for fine particulate matter. According to TFI, the change will lead to permitting gridlock across much of the country, negatively impacting economic growth and fertilizer production. TFI President and CEO Corey Rosenbusch says, “At a time when the need …

conflict

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

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 …

prices

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 …

recycling

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

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

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 …