High input prices continue to be a pain point for farmers planning their 2023 crop needs. Experts say the price of natural gas isn’t the only driver fueling the market as farmers look to book their fall needs.
Grain shipments on some railroads could stop as early as Wednesday, two days ahead of a possible rail strike. A rail stoppage is growing more likely as the country’s main rail unions remain at odds with rail companies.
This balance of supply and demand was difficult, resulted in a learning curve, but also brought strong weed control results and strengthened farmers’ approaches to weed resistance.
From a train derailment outside Hereford, Texas, to growing concerns about a possible labor strike in mid-September, rail delays have been a severe pain point for the grain users and shippers all year.
Global grain trader Archer-Daniels-Midland Co (ADM) reported a 74% rise in second-quarter profit on Tuesday, benefiting from high demand for grains and tighter supplies following Russia's invasion of Ukraine.
Truckers protesting California's new "gig worker" law blockaded the state's third-busiest seaport for a second day on Thursday, stalling agricultural exports and threatening to worsen U.S. supply chain backups.
Norwegian fertilizer-maker Yara posted slightly higher than expected second-quarter profits on Tuesday and warned there could be shortages of nitrogen-based fertilizers amid high gas prices.
A potential stoppage on the nation's railways this fall is spurring concern, even after President Biden signed an executive order Sunday to keep U.S. rail traffic on track and the collective bargaining process going.
Supply chain issues and concerns about sourcing inputs for the 2022 growing season prompted more farmers to try e-commerce for pricing inputs this year as FBN says their website saw an uptick in traffic and sales.
Russian forces targeted at least two large grain terminals Wednesday in the port of Mykolaiv. Western governments claim Russia is carrying out a campaign to degrade Ukraine’s ability to export food.
Diesel prices are causing sticker shock, as fears of a possible diesel shortage are growing. It’s not just retail diesel prices that are rapidly rising. Some farmers report booking off-road diesel for above $5.
Transforming the U.S. food system by improving supply chains and addressing issues exposed by the Covid-19 pandemic was detailed by USDA Secretary Tom Vilsack during a speech at Georgetown University.
Shanghai offered some tax rebates for companies and allowed all manufacturers to resume operations from June as authorities rolled out policies to revitalize an economy impacted by Covid-19 lockdowns.
After making it through the spring planting season, sometimes with the help of bulletproof vests and helmets, Ukraine's farmers are facing another challenge – finding enough diesel for the harvest to come.
U.S. diesel prices are the highest ever, with warnings of shortages, especially in the eastern U.S., and the most intensive part of the farming season is still ahead.
Diesel prices hit historic highs this week. Due to increased demand and a drop in production, a diesel shortage may be looming as the largest diesel distribution hub in the U.S. is sitting on supplies at a 30-year low.
The April Ag Economy Barometer shows farmers’ concerns about crop inputs are overshadowing optimism surrounding commodity prices hitting decade-highs as some inputs are still in short supply as planting gets underway.
Rail backlogs in the United States are delaying shipment of grains as well as processed flour and corn syrup, contributing to the national problem of inflation, food and grain companies said at a hearing this week.
Increased regulation and the search for better work-life balance are two factors leading to a shortage of truck drivers in the U.S. Walmart is now increasing the starting salary for drivers to try to attract new people.
One of the biggest ag supply chain stories this spring has been pesticides. While my experience is these situations are usually overblown early, the situation could alter the way farmers do business in the years ahead.
USDA now expects food price inflation in 2022 to be from 4.5% to 5.5%, compared with 2021, based on the all-food Consumer Price Index. No category shows a potential decline.
A labor dispute that shut down operations at Canadian Pacific Railway Ltd on Sunday is set to aggravate a shortage of commodities, and a prolonged lockdown could hurt farmers ahead of the spring planting season.
Even with Russia removed from the global fertilizer market, it still doesn’t create worst-case scenario. StoneX Group says China could make the situation worse, as China and Russia account for 40% of global phosphate.
Hundreds of trucks, recreational vehicles and cars were circling the outskirts of Washington on Sunday, threatening to cause traffic backups around the capital as part of a protest against pandemic restrictions.
Russia’s trade and industry ministry has recommended the country’s fertilizer producers temporarily halt exports, the ministry said Friday, in a sign that sanctions imposed could have a global impact.
Chicago wheat futures rose sharply on Monday after hitting 13-1/2 year highs on Friday, lifted by concern that Russia's invasion of Ukraine and Western sanctions will continue to disrupt Black Sea region grain exports.
Glyphosate was already in short supply heading into the 2022 planting season, but another black swan event is putting an even tighter squeeze on supplies.
As ag retailers continue to navigate a turbulent supply scenario for planting season, FBN says their glyphosate supplies are in a “comfortable” position. The company explains how they were able to secure supplies.
Pesticide and seed producer Bayer said on Monday a supplier of an ingredient for its widely used herbicide glyphosate has run into technical problems which may hamper Bayer's output of the product in the short term.
Rep. Garamendi says the USDA partnership with the Port of Oakland “isn’t going to solve the problem” because shippers deliver product to the U.S. and leave ports with empty containers.
No matter where you travel across the country right now, farmers share similar concerns. The latest Ag Economy Barometer fell to its lowest reading since July 2020 as the input situation weighs outlooks.
Recent COVID-19 vaccine mandates in both the U.S. and Canada could take even more truckers off the road. Trucking industry experts warn while empty store shelves could turn into more fertilizer shortages next.
The U.S. Commerce Department is expected to soon release details from a study of semiconductor chips it conducted last year amid a push to win funding to boost U.S. manufacturing from Congress.
On Dec. 10, 2021, a tornado tore across Kentucky demolishing areas in its path.
Farmers and state leaders say it will be a long road to recovery with trouble sourcing even enough fencing supplies to rebuild.
2021 was a strong financial year for many farmers. For 2022, input costs are rising rapidly. One ag lender cites $700 per acre in some scenarios. That means farmers will need strong yields this season to break even.
Nutrien and The Fertilizer Institute share more details on fertilizer industry dynamics in light of reports citing how fertilizer prices are effecting on-farm economics.
A new report from Texas A&M Agricultural and Food Policy Center (AFPC) a 50% rise in fertilizer prices equates to an average of $128,000 per farm. The largest per-acre impact would falls on rice farms at $62.04 an acre.
Have record high fertilizer prices finally peaked? While prices continue to remain high right now, there were some signs last week and already this week that indicate some relief and stability may be in sight.
Jeff Tarsi credits the successful fall application across the Nutrien Ag Solutions retail footprint for lessening the potential pressure of the upcoming spring season.
Trade volume slipped between July-September due to supply chain disruptions, shortages of production inputs and rising COVID-19 cases, the WTO said in a statement on its website.
President Biden planned to meet with chief executives of major retailers and companies to discuss how to move goods to shelves as the U.S. holiday shopping season begins in the shadow of the Omicron coronavirus variant.
Inflation is effecting consumers across the country. And as Americans prepare to gather for Thanksgiving this year, it will cost most Americans more than it did last year, but not the highest price ever.
The White House announced Tuesday it's tapping into oil reserves in an effort to help relieve the rising prices at the pump. But could the decision drive oil prices higher and impact corn prices? Analysts weigh in.
The supply chain constraints are continuing to plague agriculture. As farmers work to make input decisions for the 2022 season, economists expect high input prices to persist through spring.
One result of the pandemic was a spike in savings rates. In the U.S. last April, Americans collectively saved a record 30% of their income. John Phipps looks at China's savings rate and what it's meant for exports.
Members of the United Auto Workers Union (UAW) approved a new six-year deal on Wednesday with a 61% vote. The new agreement includes a signing bonus, wage increases, as well as enhanced retirement options.
In an op-ed written by NCGA CEO Jon Doggett, he says fertilizer executives are bringing in climbing profits at the expense of farmers, referring to those fertilizer companies as the "Fertilizer Oligopoly."