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Tag Archives Fertilizer

Commercial vessels –including vessels which are part of the Black Sea grain deal — wait to pass the Bosphorus strait off the shores of Yenikapi during a misty morning in Istanbul, Turkey on Oct. 31, 2022. (Photo: Reuters/Umit Bektas)
Crops, Markets

Russia suggests renewing Black Sea grain deal for shorter term

Moscow says sanctions have created barriers for its exports

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Geneva | Reuters — Moscow is suggesting to renew a deal allowing the safe export of grain from Ukraine’s Black Sea ports — but only for a period of 60 days, half the term of the previous renewal, Russian Deputy Foreign Minister Sergei Vershinin said on Monday. Vershinin’s statement came after talks with U.N. officials
A view of the “Bridge of No Return” from the South Korean side of the DMZ between North and South Korea. (Bob Hilscher/iStock/Getty Images)
Crops

North Korea’s Kim demands more farmland to boost food production

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Seoul | Reuters — North Korean leader Kim Jong Un ordered improvements to infrastructure and expansion of farmland to ramp up food production, state media said on Thursday, amid warnings of an impending food crisis. Kim gave instructions to revamp irrigation systems, build modern farming machines and create more arable land as he wrapped up
An ammonia and nitrogen fertilizer plant in Russia. (Saoirse_2010/iStock/Getty Images)
Crops

Russia, U.S. bicker at UN over donating fertilizer to Syria

U.S. calls for Russia to distribute via UN

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United Nations | Reuters — Russia and the United States bickered on Tuesday over whether Russian fertilizer could be donated to Syria as Moscow heightens complaints about obstacles to its fertilizer shipments before the renewal of a deal allowing Ukraine Black Sea grain exports. Some 260,000 tonnes of Russian fertilizer has been stuck in several
Josh Linville, vice president of fertilizer for StoneX Group Inc, speaking at AgDays in Brandon in January.
News

VIDEO: Fertilizer buyers smell blood in the water

With market power slowly rebalancing there’s a stubborn waiting game playing out

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Fertilizer prices have fallen significantly from their highs a year ago — but there is still a lot of uncertainty in the market. Josh Linville, vice president of fertilizer for StoneX Group, said many market forces brought agriculture to this precarious spot. He traces it back to August 2020, when a high-intensity wind storm hit
Markets, News

Ukraine sees fertilizer shortage

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Ukrainian farmers may face a shortage of fertilizers for 2023 spring sowing and a lack of them could sharply reduce the harvest, a top agriculture official has said. Most Ukrainian fertilizer plants were stopped due to the Russian invasion and the first deputy farm minister Taras Vysotskiy said in a statement that production at two
(Dave Bedard photo)
Crops

Mosaic misses profit estimate amid lower demand for fertilizers

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Reuters — Mosaic Co. on Wednesday became the latest fertilizer maker to miss fourth-quarter profit estimates amid lower demand for potash and other crop fertilizers, pushing shares down 2.2 per cent in extended trading. Although prices of fertilizers such as phosphates and potash decreased toward the end of last year, it did not boost demand
Nutrien’s head office building in Saskatoon. (Liam O’Connor photo)
Crops

Nutrien misses profit estimates amid higher fertilizer prices

CF Industries also books lower sales

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Reuters — Canadian fertilizer maker Nutrien on Wednesday forecast lower-than-expected 2023 earnings and posted fourth-quarter profit below Wall Street estimates, sending shares down 2.6 per cent in extended trading. While higher fertilizer prices dented demand in early second-half of last year, a fall in prices later in the year did not boost demand as farmers
An agricultural economist says two methods show promise for reducing nitrogen application while doing little to farmers’ bottom line.
News

N reductions possible without significant economic losses

Rotation and management key, but two studies suggest the possibilities

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Reducing nitrogen use is key to reducing greenhouse gas emissions, but there are ways to do so without slashing profits, an Agriculture and Agri-Food Canada researcher says. Mohammad Khakbazan is an agricultural economist based at the Brandon Research and Development Centre. He spoke during a Jan. 17 panel discussion at Manitoba Ag Days in Brandon.
Mario Tenuta, Jared Munro and Wayne Rempel speak during a panel discussion at the KAP AGM Jan. 24.
News

KAP members call for more BMP research

Nitrogen emission concerns were among key issues raised at the organization’s AGM

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KAP members called on their leaders to push governments for more long-term research on nitrogen management. “We need the research to get it done,” said David Rourke. He brought the issue forward in a resolution at Keystone Agricultural Producers’ annual general meeting in Winnipeg Jan. 25-26. The federal and provincial governments are pushing and paying

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