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Crop revenue ‘mowed down’ by falling prices

Producers can expect a profitability pinch compared to last year

Glacier FarmMedia – Last year was the most expensive crop to ever be planted on the Prairies. In 2024, farmers will spend less on fertilizer, diesel and other inputs, but costs are only marginally lower, said Darren Bond, a farm management specialist with Manitoba Agriculture, “The crop this year … the cost of putting in


(Dave Bedard photo)

FCC’s top economic charts to monitor in 2024

Downward trends for cattle, swine herds; positive bent to feed, fertilizer affordability

As we start the new year amid elevated inflation and major headwinds facing the economy, here are our top charts to help make sense of the economic environment for farm operations, agribusinesses and food processors.



“...now I think fertilizer pricing is almost a 12-month-a-year practice.” – Darren Bond, Manitoba Agriculture.

Fertilizer prices likely flattened, set to rise slowly 

Fertilizer price plateau: A good handle on cost of production can bring calm amid volatile markets, says management specialist

Fertilizer prices have mostly hit a plateau and will likely start to creep up again, says one analyst. “Farmers would be incentivized to get the product that they need for the coming 12 months probably sooner rather than later if they want to make use of the bottom of the market,” said Chris Lawson, head

(Video screengrab from SQM.com via YouTube)

Nutrien to pause potash ramp up, ammonia project on falling prices

Potash prices have eased after the resumption of shipments from major supplier Belarus

Reuters – Nutrien NTR.TO on Wednesday decided to indefinitely pause its ramp-up plans for potash production and halt work on its clean ammonia project at Geismar, Louisiana, as the world’s biggest fertilizer producer grapples with falling prices. Its U.S.-listed shares fell 2.6% in extended trading as the company cited market conditions for stopping efforts to