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Despite concerns that sanctions would limit Russian fertilizer shipments to Brazil, shipping data shows fertilizer is still being shipped, Reuters reported.
Chicago Board of Trade (CBOT) corn futures topped $8 a bushel and reached their highest price in nearly a decade on Monday on concerns over unfavorable U.S. crop weather and the Ukraine war disrupting grain exports.
Cotton planting sits at 7% nationwide, on track with the average, and as drought blankets the home of what’s known as the largest cotton patch in the country, dwindling crop outlooks are feeding cotton prices.
CF Industries is warning customers that fertilizer shipments might be delayed or may not reach farmers after Union Pacific (UP) railroad mandated certain shippers to reduce the volume of private cars on its railroad.
The war in Ukraine will dictate food prices, according to Vilsack: “We don’t really know what the impact is going to be on Ukraine’s crop this year, or what it’s going to look like in terms of exportability.”
In hot-box style, five diverse farm technologies—Salin 247, Susterre, Phinite, BovIQ, and Holganix—took center stage at Top Producer Summit in Nashville, Tenn., on Feb. 15.
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