Fertilizer
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.
There’s a leadership shuffle at Nutrien corporate.
Josh Linville says “It’s it’s a good step for 2022 to start with. But it’s just it’s a solid first step is all it is.”
Jeff Tarsi credits the successful fall application across the Nutrien Ag Solutions retail footprint for lessening the potential pressure of the upcoming spring season.
Fertilizer prices have soared with top fertilizer companies in North America on pace for their best performance since 2009. One former Congressman says the fix for climbing prices probably won’t come from Washington.
Most years you won’t see fall anhydrous applications kick-in and help your corn crop until around V6 or V8 when the corn is about knee-high, says Ken Ferrie. This week’s podcast offers some recommendations.
It’s been a good year for fertilizer stocks. The top fertilizer companies in North America posted big stock gains this year, with some on pace to see their best year since 2009. Joe Vaclavik explains what it means.
From increased input prices, to a dimmer outlook on corn export demand, analysts say there are a multitude of factors driving the outlook into the new year. Analysts weigh in on their price picture projections for 2022.
Timac Agro USA has acquired Rainbow Plant Food, which is based in Americus, Ga., from Nutrien Ltd.
Andy Jung says: “We just bypassed the average and we bookended the extremes on both sides in a short amount of time—it’s jarring.”
TFI shares in recent months, higher global natural gas prices have had an impact on fertilizer prices. The greatest challenge to global fertilizer production now is in Europe, where natural gas prices have quadrupled.
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.
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.”
Who has what products where and when are key questions swirling for the 2022 growing season and its required crop inputs.
“We’re going to do it differently. We’re going to choose active ingredients we haven’t used before. We’re going to do different kinds of production activities,” says Allan Gray at Purdue University.
For the management scenarios explored, the researchers found that complex dynamic tools did not consistently increase profits over simpler static tools.
“What happens in China will have profound effects in the short term,” says Samuel Taylor, vice president of farm input analysis at Robobank.
Via this partnership, farmers are eligible for two payments. Bayer will pay its $3, $6, $9/acre incentives. CHS will offer financial incentives for its enhanced efficiency fertilizers: N-Edge, Trivar and Levesol.
With a focus on reducing environmental effects from nitrogen and phosphorous while maintaining or increasing crop yields, contestants were to formulate a concept and submit within a two-month window.
By sharing his agronomic practices with fellow farmers, Swartz helps them identify practical, cost-effective ways they can enhance conservation stewardship on their respective operations.
“This marks day one of the beginning for how we can measure how these practices are being used,” TFI CEO Corey Rosenbusch says.
There doesn’t appear to be much price relief on the horizon. Product availability could be limited as well, based on what China and Europe are experiencing.
The fertilizer industry is swarmed with Black Swan events. From the impacts of Hurricane Ida to political issues entangled in a cobweb of production slowdowns in Europe and China, prices could surpass 2008 highs.
As CEO Amy Yoder explains, after striking a partnership with Novozymes, Anuvia’s SymTrx product will now be coated with Novozymes’ phosphate solubilizing microbial solution.
Novozymes and Anuvia will continue to work together to innovate on future generations of bio-fertilizers
“Through the end of 2020 and all of 2021, it just seems like it’s a perfect series of events—black swan events,” says Josh Linville with StoneX.
“It’s early days for microbes to deliver on these promises, but we have set a product specification that we want to replace 40 to 50% of the nitrogen inputs,” says CEO Michael Miille.
For almost 10 years, Nutrien has provided the eKonomics tools to help retailers and growers have conversations around optimizing their agronomic decisions, and it’s now expanded to be available on a mobile app.
Steve Coulter, Senior Vice President at Koch Agronomic Services, gives his first interview since the completion of the company’s acquisition of the North American micronutrient portfolio from Compass Minerals.
One problem is soil temperature related while the other occurs at a specific growth stage. Both can take a bite out of bushels available at harvest.