While the price of urea fertilizer has spiked at the Gulf of Mexico as Hurricane Milton bears down on Florida, that increase is unlikely to affect Canadian farmers much, said MarketsFarm analyst Bruce Burnett.
Tag Archives Urea
Hurricane unlikely to fuel long-term fertilizer price increase, analyst says
Fertilizer maker Yara says world faces extreme food supply shock
Sanctions cut global fertilizer supply 15 per cent, company says
Davos, Switzerland | Reuters — Norwegian fertilizer giant Yara says donors urgently need to close the U.N.’s $10 billion food programme funding gap to avoid a catastrophe as sanctions on Russian fertilizers and Ukraine’s grain export problems have created an extreme global shock. “The world has realized that food can be a weapon and it
Understanding where your nitrogen is
Excess nitrates from last fall are disappearing, but more stable ammonium applications are likely still there
Wet conditions are causing a lot of concern over what’s happening with nitrogen in those sodden soils this spring. John Heard, soil fertility specialist with Manitoba Agriculture and Rural Development, told the weekly Crop Talk webinar May 11 that this unusual year is causing farmers to contact him with a couple of areas of concern.
Yara brings most European ammonia production back on stream
Rising fertilizer prices make resumption profitable
Oslo | Reuters — Yara has brought most of its European ammonia production back on line after prices of finished fertilizers rose to make up for a surge in the cost of gas, the Norwegian fertilizer manufacturer said on Wednesday. The company cut back ammonia production at a number of sites in Europe from September
Fertilizer shortage may lead to spring scramble
'It's next year's prices I'm worried about'
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
China to release potash reserves
Move said to be intended to ensure supply, stabilize prices
Beijing | Reuters –– China’s state planner on Wednesday said the government would take measures to keep supply and prices of fertilizers stable, including releasing potash fertilizer reserves and ensuring imports reach farmers as it looks to bolster food security. The National Development and Reform Commission (NDRC) said it was one of 13 government departments
Nutrien cuts profit forecast on weak ammonia prices
Reuters — Canadian fertilizer maker Nutrien on Monday cut its annual adjusted profit forecast as weaker-than-normal industrial demand held back prices for ammonia and urea ammonium nitrate. The company cut the top end of its 2020 adjusted earnings per share forecast to $1.90 from $2.10 earlier, while retaining the lower end at $1.50. Even as
Global fertilizer market prices vary
CNS Canada — A mixed bag for fertilizer prices is expected over the next few months, as some continue to increase while others should drop, according to an analyst. “The fertilizer market has remained pretty firm over the past six months… we had kind of anticipated some declines across all the different nutrients, (but) they’ve
Global fertilizer prices set to fall
CNS Canada — Global fertilizer demand has been higher, leading to increased prices, but with more capacity coming online prices should start to fall, according to an analyst. “Urea prices globally have moved a little higher over the past few months. They’ve been relatively volatile, that’s just kind of a function of some better than
Broadcasting nitrogen in fall least efficient approach
It’s also the least environmentally friendly
Broadcasting in fall is the quickest and easiest way to apply nitrogen — and the least efficient. So why, anecdotally at least, does the practice seem to be on the increase? Bigger farms and a shortage of labour could be part of it. Moreover, nobody knows when poor weather will shut down field operations. And
Cyber-Savvy Farmer
