Reading Time: 3 minutes Fertilizer prices dropped over winter but remain a powder keg, and even a slight spark could blow the fallout in either direction. “There’s so much geopolitical activity in the world these days, it’s hard to know what’s happening on a given day,” said Neil Blue, crops market analyst with Alberta Agriculture and Irrigation. “Lately there’s […] Read more
Global events pressure already dicey fertilizer market
There are lots of reasons for optimism but the situation could change in a heartbeat, analysts say
Mosaic misses profit estimate amid lower demand for fertilizers
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 […] Read more
Chequebook will get a workout, but a good year expected
Economist predicts a five per cent rise in input costs, but says commodity prices should stay high
Reading Time: 3 minutes Think the 2022 crop was the most expensive ever put into the ground? This year might give it a run for its money. The good news, such as it is, is that input costs are no longer shooting up as fast as they did last year. “For 2023 we’re expecting an increase (in fertilizer prices) […] Read more
Fertilizer prices expected to stay high in 2021
Reading Time: < 1 minute Fertilizer prices are expected to remain higher for the rest of the year, says provincial market analyst Ryan Furtas. After edging below $500 a tonne in November, nitrogen was up by $85 in the April/May period thanks to strong demand, higher natural gas prices, and some supply chain issues. It was a similar story for […] Read more
Fall fertilizer prices offer more good news for Prairie growers
Prices for urea, phosphate and anhydrous ammonia are all at the lower end of their normal range
Prices for urea, phosphate and anhydrous ammonia are all at the lower end of their normal range
Reading Time: 4 minutes Fertilizer prices have seen some ups and downs over the past six months, but the situation heading into winter looks favourable. “When we look at the overall input markets so far in 2020, we see that they’ve kind of eased up. For producers right now, that’s a pretty good spot to be in,” said Craig […] Read more
Fertilizer prices to rise on global production shifts
CNS Canada — Canadian fertilizer prices are expected to increase as spring draws nearer, according to industry professionals. “The further you buy out from spring, the prices tend to be a little bit lower. In making your commitments early, prices tend to edge up as you get closer to spring,” said Don Kitson of International […] Read more
Horrible harvest could impact fertilizer prices
Prices are already rising, but the late harvest is limiting the ability to apply or buy fertilizer now
Reading Time: 4 minutes Poor harvest conditions this fall could drive up fertilizer prices next spring. “For many producers right now in Alberta, fertilizer isn’t top of mind. They’re focused on getting the harvest off,” said Craig Klemmer, principal agriculture economist at Farm Credit Canada. “So when we look at the pricing side of things, demand wasn’t as strong […] Read more
Nitrogen looking cheap across Prairies
CNS Canada — Farmers in Manitoba may be looking to fill up on nitrogen fertilizer this fall as prices reach lows not seen in over a decade. “One retailer I talked to said it was the cheapest nitrogen prices in 15 years,” according to Dan Mazier, president of Keystone Agricultural Producers. Prices also seem to […] Read more
Farmers wait for fertilizer prices to fall amid oversupply
CNS Canada — As more fertilizer plants are built around the world and U.S. corn acreage shrinks, the typical thinking holds that prices for urea and nitrogen should fall, but that hasn’t been the case so far for Canadian farmers. “They’re more on the steady side,” said Todd Lewis, president of the Agricultural Producers Association […] Read more
Agrium forecasts less profitable year than expected
Reuters — Fertilizer maker Agrium, the world’s biggest farm retailer, on Thursday forecast a less profitable year than expected and said its quarterly profit plunged. The Calgary-based company said after normal trading hours that it expects to earn $4.50-$6 per share in 2017. The midpoint of $5.25 fell below analysts’ average estimate of $5.45, according […] Read more
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