Abuja | Reuters — U.N. Secretary-General Antonio Guterres said Wednesday the problem of global food security could not be solved without restoring Ukrainian agricultural production and Russian food and fertilizer output to the world market. Russia’s invasion of Ukraine in February has added to volatility in financial markets, sending commodity prices higher and affecting logistics, […] Read more
Worsening global food security needs Ukraine, Russia production, UN chief says
CF Industries profit soars as sanctions raise fertilizer prices
Chicago | Reuters — CF Industries on Wednesday reported quarterly earnings climbed 485 per cent as the fertilizer maker ramped up U.S. shipments after Russia’s invasion of Ukraine catapulted prices for crop nutrients. Top fertilizer producers including CF, Nutrien and Mosaic Co. have benefited as sanctions on exporters Russia and ally Belarus limited global supplies […] Read more
Nutrien may further raise potash output as sanctions curb other supplies
Chicago | Reuters — Canada’s Nutrien, the world’s largest fertilizer company, is weighing further increases to potash production as sanctions continue to limit shipments from Russia and Belarus, interim CEO Ken Seitz said on Tuesday. Prices of crop nutrients such as potash have skyrocketed as sanctions against Russia for its invasion of Ukraine have disrupted […] Read more
Nutrien bolsters profit forecast on surging fertilizer prices
Fertilizer sector set for biggest profits in years
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, […] Read more
StatsCan predicts more Canadian wheat acres, less canola in 2022
Lentil, corn, soy acres are also expected up from 2021, barley down
MarketsFarm — Canada’s farmers intend to seed more acres to wheat and less to canola in 2022, according to the first survey-based estimates from Statistics Canada for the upcoming crop year released Tuesday. Canola area is forecast at 20.9 million acres by the government agency, which would be down by seven per cent from the […] Read more
Farming behind the lines: Ukraine’s farmers sow amidst wreckage
Despite their best efforts, however, famine looms as war rages
In early April, Ukrainian soldiers expelled the Russian invaders from the northern regions of Ukraine: Kyiv, Chernihiv and Sumy regions. The wounded enemy left, leaving behind burned-out war machines and the unburied corpses of his soldiers. However, the invaders managed to do a lot of damage. Many of you are probably aware of the atrocities […] Read more
Cover cropping program looks to encourage innovation
The program is quite flexible, says head of the provincial agency administering funding
Reading Time: 2 minutes The feds are putting up $33 million to encourage Alberta farmers to adopt three practices that can lower greenhouse gas emissions: rotational grazing, 4R fertilizer practices, and cover cropping. Alberta’s share of the $183-million On-Farm Climate Action Fund program is being administered by Results Driven Agriculture Research, the provincial research funding agency. Although details are […] Read more
CF Industries warns of shipment delays via Union Pacific
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 […] Read more
No poop for you: Manure supplies run short as fertilizer prices soar
Ontario honeywagon maker all sold out
Chicago | Reuters — For nearly two decades, Abe Sandquist has used every marketing tool he can think of to sell the back end of a cow. Poop, after all, needs to go somewhere. The Midwestern entrepreneur has worked hard to woo farmers on its benefits for their crops. Now, facing a global shortage of […] Read more
Australian canola production heading downward, but still sizeable
New second-biggest harvest expected, USDA predicts
MarketsFarm — Despite canola production in Australia being set to drop 26 per cent in 2022-23, the country’s farmers are still projected to harvest the second largest crop, according to the U.S. Department of Agriculture’s attaché in Canberra. In the attaché’s report, released Monday, canola production for the coming crop year was projected to be […] Read more
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