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(Nutrien video screengrab via YouTube)
Crops

Nutrien bolsters profit forecast on surging fertilizer prices

Fertilizer sector set for biggest profits in years

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Reuters — Nutrien Ltd. on Monday raised its full-year earnings forecast well above estimates after posting a more than 10-fold jump in first-quarter profit, as the world’s largest fertilizer company benefits strongly from soaring prices of crop nutrients. Prices of essential crop nutrients such as potash and phosphate skyrocketed in the quarter, touching near-record levels,
CF Industries’ UAN plant at Donaldsonville in Louisiana. The company also makes UAN at plants in Ontario, Iowa and Oklahoma. (Thyssenkrupp-industrial-solutions.com)
Crops

CF Industries warns of shipment delays via Union Pacific

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Reuters — Fertilizer firm CF Industries on Thursday warned of delays in shipment of its nitrogen fertilizers, a week after Union Pacific mandated certain shippers to reduce the volume of private cars on its rails. The announcement of delay also comes a month after CF said it is increasing fertilizer shipments to both U.S. coasts
“I would say that for this coming year we should have a special formulation of 4R and I’m calling it EC. It’s Extra Careful... ” – Don Flaten.
News

Soil fertility a high-stakes game

Playing the right cards at the right time is key in this cost environment

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Farming has its highs and lows and right now input prices are high while — despite our snowpack — soil moisture reserves are low. This puts farmers into a high-stakes poker game where there could be considerable rewards for proper fertilizing but there could also be a penalty for skimping and starving your crop. Retired
(Alexey Rezvykh/iStock/Getty Images)
Crops

Farmers ask U.S. Justice Department to probe fertilizer price spikes

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Reuters — Farmers have asked the U.S. Department of Justice to investigate whether recent spikes in fertilizer prices are attributable to market manipulation by fertilizer companies, according to a letter sent Wednesday by the Family Farm Action Alliance. The group, which has more than 6,000 farmer and rural members, alleges fertilizer companies are setting prices
CF Industries’ UAN plant at Donaldsonville in Louisiana. The company also makes UAN at plants in Ontario, Iowa and Oklahoma. (Thyssenkrupp-industrial-solutions.com)
Crops, Markets

Fertilizer shortage may lead to spring scramble

'It's next year's prices I'm worried about'

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Reuters — A global shortage of nitrogen fertilizer is driving prices to record levels, prompting North America’s farmers to delay purchases and raising the risk of a spring scramble to apply the crop nutrient before planting season. The Texas Arctic Blast in February and Hurricane Ida in August disrupted U.S. fertilizer production. Then, prices of
News

Nitrogen shortage threatens yields: CF Industries

Shortages span the globe and could cut crop production next season

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Reuters – A shortage of nitrogen fertilizer due to soaring natural gas prices is threatening to reduce global crop yields next year, CF Industries, a major producer of the crop nutrient, said. European gas prices have jumped amid high demand, as economies recover from the pandemic and with below-average gas storage levels at the start
(Alexey Rezvykh/iStock/Getty Images)
Crops, Markets, Other

‘Perfect storm’ causes fertilizer price spikes

'Most of us are in a "wait-and-see" position'

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MarketsFarm — Fertilizer prices have increased over the past year, but could be headed even higher as a recent confluence of events has caused a shortage — the effects of which may affect producers past the New Year. “Particularly, in the last few weeks, there have been a number of supply events which have really

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