prices

Russian Ministry Recommends Halting Fertilizer Exports

Dan Exports/Imports, Fertilizer

Russia’s ministry on trade and industry is recommending the country’s fertilizer producers temporarily halt exports. Reuters says it’s a sign that sanctions imposed after Russia invaded Ukraine might impact other countries. Many major international shipping companies suspended virtually all cargo shipments to and from Russia to comply with sanctions. The Russian ministry says, “We have recommended Russian producers temporarily suspend …

rabobank

Prolonged Fertilizer Disruptions Possible

Dan Exports/Imports, Fertilizer

Nutrien, the world’s largest fertilizer producer, says Russia’s invasion of Ukraine could result in prolonged disruptions of fertilizer supplies. In a report from Reuters, Interim Chief Executive Ken Seitz said Nutrien will boost potash production if it sees sustained supply problems in Russia and Belarus, the world’s second-and third-largest potash producing countries after Canada. The comments come as farmers are …

food

USDA Data Tracks Fertilizer Price Increases

Dan Corn, Economy, Fertilizer, Field Crops, Specialty Crops, USDA-ERS, Wheat

Data from USDA’s Economic Research Service details the increase in fertilizer prices. Fertilizer represents an average of 36 percent of a farmer’s operating costs for corn, 35 percent for wheat, and 30 percent for sorghum, according to estimates by USDA. Fertilizer prices declined from 2014 through 2017 before a gradual increase in 2019. In late 2021, prices began to spike …

UGA Expert: I Hope Fertilizer Prices Have Peaked

Clint Thompson Fertilizer

By Clint Thompson Fertilizer prices may be at an all-time high but that shouldn’t automatically compel row crop producers to try to cut back on certain nutrients. This is important to consider since commodity prices remain advantageous for farmers, says Glen Harris, University of Georgia (UGA) Professor and Extension Agronomist in Environmental Soil and Fertilizer. “Everybody wants to know where …

tfi

Fertilizer Inflation under Scrutiny

Dan Economy, Fertilizer, Field Crops

Soaring fertilizer prices continue to plague farmers as Ag leaders, and lawmakers struggle for answers and solutions. And with those fertilizer prices more than doubling and some ingredients rising as much as 300 percent, farm leaders like American Farm Bureau President Zippy Duval want relief. “I mean, there are so many things that affect that, even the discussion around carbon …