Supply Chain
A new multi-year AI partnership between Syngenta and SAP SE aims to modernize supply chains and speed up product development to help farmers better navigate production and market volatility.
Domestic importers and farmers ‘bore the tariff burden substantially, says new research from North Dakota State University.
Ocean shipping transports about 80% of global trade — from coal and corn to bananas and cement. The revisions tackle major concerns from the global maritime industry that feared virtually every cargo carrier could face steep, stacking fees.
President Trump’s new tariffs on imports from Canada, Mexico and China have gone into effect. While the economic consequences are unknown, Secretary of Agriculture Brooke Rollins has promised to have a plan ready for farmers, if needed.
China retaliated swiftly on Tuesday with 10% to 15% retaliatory levies impacting $21 billion worth of U.S. agricultural and food products, moving the world’s top two economies a step closer toward an all-out trade war.
Reuters reports that the union representing 45,000 dock workers on the U.S. East and Gulf Coasts and their employers reached a tentative deal on a new six-year contract.
The Fertilizer Institute’s 2024 Fertilizer Industry Economic Impact Study details the contributions of the U.S. fertilizer industry to the economy and also explains the global nature of fertilizer markets.
To date, USDA has invested over $368 million in 67 projects through its Fertilizer Production Expansion Program.
A coalition of over 270 local, state and federal trade associations signed a letter urging President Biden and the administration to use all of its authorities to get the ports open and get the parties back to the negotiating table.
The strike adds another layer of concern for ag retailers. With farmers assessing their fertilizer costs and needs this fall, this supply chain concern could add stress to an already elevated issue.
Starting in September, ag retailers who are CHS wholesale crop protection customers and AgVend network members can place orders, view transaction and invoice history, and reorder products within the AgVend platform.
Unless labor agreements are reached, Canadian National Railway and Canadian Pacific Kansas City will shut nearly all freight rail services in Canada at midnight on Thursday, snarling shipments of everything from wheat to fertilizer and meat.
Brazil briefly wore the global corn export crown in 2012 because of the U.S. drought. With the ability to churn out three corn crops per year and a supply deal with China, Brazil might be set to maintain that title.
In early 2022, a possible trucker shortage grabbed headlines, but John Phipps says even today, there isn’t much hard data to substantiate that alarm.
Understand how global headwinds and tailwinds will affect your operation.
Why Are Some Ag Retailers Sitting on High Fertilizer Prices? Making Sense of the Disparity Right Now
Fertilizer and herbicide prices continue to fall, and there are signs the decline will continue. Now the issue is the number of ag retailers sitting on high-priced inputs, which are often passed on to farmers.
Russia badly needs to replace expended and outdated Soviet arms while China needs Russian energy. That is compelling math. This is bad news not just for the heroic people of Ukraine, but Europe and the US.
The National Farm Machinery Show revealed one major theme: the supply chain is still posing major problems for ag equipment manufacturers, an issue that’s improving, but could still last the remainder of this year.
Supply chain challenges consistently hit ag in 2022. While 2023 shows improvement with fertilizer availability, National Farm Machinery Show revealed the ag equipment sector is still fragile to supply problems.
As farmers prepare to plant this spring, 2023 isn’t as much of a guessing game in terms of certain inputs supplies. BASF says the company isn’t seeing a shortage of glufosinate this year.
From the docks of Southern California and Europe to the parcel hubs in the Midwest and the store shelves in New York, signs are growing that the global supply chain crisis is over.
“There is a problem with people thinking the pullback of Covid-zero measures is equivalent to the economy reopening, which it is not.” says Leland Miller, CEO of research firm China Beige Book.
Shippers urged the U.S. railroad regulator to create more competition in the industry during hearings in which Union Pacific was called to explain a spike in service restrictions.
According to Biden’s economic advisors, as many as 765,000 Americans — many union workers themselves — would have been put out of work in the first two weeks of shutdowns.
Pelosi said the House this week will “take up a bill adopting the tentative agreement—with no poison pills or changes to the negotiated terms—and send it to the Senate.” Some industry leaders feel it will pass.
Unions are arguing railroads haven’t done enough to address worker concerns, largely surrounding working conditions and paid time off.
Friday brought mixed news for the economy. So, is the U.S. officially in a recession? K-State economists say it’s more important to watch changes in behaviors versus debating the definition of recession.
A labor strike along U.S. railroads is still a possibility after the third-largest railroad union rejected a tentative labor agreement this week. The agreement had the support of the White House.