Grain firm Viterra’s plans to buy an expanded global reach are about to move forward with a 10-figure deal for the bulk of U.S. ag commodity firm Gavilon’s grain business. Viterra, owned by commodities firm Glencore and two Canadian public-sector pension funds, announced Wednesday it will pay $1.125 billion to buy Omaha-based Gavilon from the […] Read more
Viterra to buy Marubeni’s U.S. grain firm Gavilon
Grain handler looking to expand reach in Americas through acquisitions
Put away the snacks and pay attention when it’s soil sampling time
High fertilizer prices mean soil sampling is especially critical this year — and that means doing it right
Reading Time: 3 minutes With fertilizer prices through the roof, everyone and their dog is advising farmers to soil test like never before. But assessing your soil isn’t a simple business. “Soil potential is going to be determined by organic matter, cation exchange process, pH and the soil nutrients that are available, electrical conductivity and base saturation,” said Rachelle […] Read more
When it’s this pricey, handle fertilizer with care
Do a soil test, and realize what has happened to your nutrients after the drought, says expert
Reading Time: 3 minutes Between drought and the soaring price of fertilizer, you might want to manage your grain farm a little differently this year. “In a dry year, there will be reduced crop growth and reduced nutrient uptake,” soil scientist Rigas Karamanos said at Agronomy Update earlier this month. “We had plenty of heat, but not moisture. Consequently, […] Read more
Schoepp: Pitting one farming practice against another benefits no one
Dismissing regenerative agriculture — or synthetic fertilizer — out of hand is not the way forward
Reading Time: 3 minutes The use of synthetic nitrogen is being debated around the world by farmers and scientists. Stirring the discussion further last month was an opinion piece titled “Nutrient Claims are Crap” written by Jaqueline Rowarth in a New Zealand publication called Rural News. In it, the agrologist took a run at regenerative agriculture, describing it as […] Read more
Thunder Bay shipping season wraps up
MarketsFarm — The last vessel of the shipping season will depart the Port of Thunder Bay on Friday. Grain handling volumes were down on the year, but increases in other categories helped limit the overall reduction in movement through the northern Lake Superior port. The 2021 navigation season will come to a close with the […] Read more
Yara to stop buying potash from Belarus due to sanctions
Fertilizer firm buys 10-15 per cent of country's potash output
Oslo | Reuters — Norwegian fertilizer maker Yara said on Monday it will wind down purchases of potash from Belarus by April 1 as international sanctions made it impossible to continue the trade. Yara estimates that it buys 10-15 per cent of the annual output of state-owned Belaruskali, one of the world’s largest producers of […] Read more
Fertilizer prices to remain high for now
MarketsFarm — There are two factors to consider when it comes to fertilizer. One is the cost as it’s to remain quite expensive at least through the first quarter of 2022, according to Chris Lawson, head of fertilizers for the CRU Group. The other is its availability, said Todd Lewis, president of the Agricultural Producers […] Read more
Nutrien makes surprise CEO switch again despite strong profits
Abrupt change 'mighty perplexing' to analysts
Reuters — Canada’s Nutrien, the world’s biggest fertilizer producer by capacity, surprised investors by replacing its chief executive on Tuesday for the second time in eight months, even as the company rakes in strong profits. Nutrien said in a statement it named Ken Seitz, the head of its potash business, as interim chief executive after […] Read more
Making N here doesn’t lower price
Reading Time: < 1 minute Don’t bet on fertilizer prices falling before seeding, says a market analyst with Alberta Agriculture. “The most likely scenario for fertilizers is that the current high prices will continue throughout the winter and spring months of 2022,” said Ryan Furtas. Nitrogen production and products, namely ammonia and urea, are mainly produced at Alberta locations but […] Read more
There’s a path to reduced fertilizer emissions but it has challenges
More uptake of 4R and better application technology are key but so is providing the right incentives
Reading Time: 3 minutes Glacier FarmMedia – Major reductions in greenhouse gas emissions from fertilizer use are possible through 4R nutrient management, according to researchers from the University of Guelph. But while the 4R concept is good (right source, right time, right rate and right placement), truly significant reductions lean heavily on achieving each factor simultaneously, said Claudia Wagner-Riddle, […] Read more