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 …
Potential Impact to Fertilizer Markets by Middle East Conflict
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
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
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
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 …
Application Rates of Manure as a Nutrient Source Vary by Crop
Data from USDA’s Economic Research Service (ERS) shows the use of manure as a nutrient varies by type of crop. Between 2013 and 2019, producers of seven major crops in the U.S. who used manure were asked how much manure they applied per acre, allowing ERS to estimate crop nutrient application rates. Corn received the highest application rate of nitrogen …
USDA Investing $29 Million in More American-Made Fertilizer Production
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 …
Crop Nutrition Week Underway
Today is day two of Crop Nutrition Week. Mark Oppold explains how those who missed out yesterday can still get involved in the week-long event. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Rabobank: Fertilizer Prices Lower in 2023
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 …
Russia Making Moves with Nitrogen Fertilizer
Reports note that Russia is making some moves when it comes to nitrogen fertilizer. Mark Oppold has more details on that, along with an update on crude futures. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024