Reading Time: 3 minutes Producer applications are open for the On-farm Climate Action Fund (OFCAF), a program that will offset a large portion of costs as farmers try a new management practice such as rotational grazing, cover cropping or nitrogen management. “This is a program that will deliver directly to the farm gate, so farmers will receive a direct […] Read more
Make environmental changes on your farm, but without the risk
OFCAF will cover up to 85 per cent of costs such as nitrogen management, rotational grazing and cover cropping
Nutrien to further boost potash output amid global shortage
Company will also speed up nitrogen capacity boosts
Reuters — Nutrien, the world’s largest fertilizer producer, said Thursday it will increase its Canadian potash production by 20 per cent to an annual 18 million tonnes by 2025, helping to address tight supplies that have contributed to a global food shortage. Potash prices have soared since the West imposed sanctions against Russia for Moscow’s […] Read more
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 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
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
CF Industries boosts U.S. fertilizer shipments as Russian exports cut
Chicago | Reuters — CF Industries is increasing fertilizer shipments to both U.S. coasts from the world’s largest nitrogen complex in Louisiana to help offset a decline in exports from Russia after it invaded Ukraine, CEO Tony Will said. Global fertilizer supplies have tightened and prices have increased from already high levels as sanctions bite […] Read more
Vilsack hopes fertilizer firms don’t take advantage of Ukraine crisis
Washington | Reuters — U.S. Agriculture Secretary Tom Vilsack said Thursday he hoped fertilizer and agriculture supply companies affected by the Russian invasion of Ukraine would not take unfair advantage of the situation, amid already-high fertilizer and crop prices. Fertilizer costs have soared due to rising demand and lower supply as record natural gas and […] 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
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
Farmers ask U.S. Justice Department to probe fertilizer price spikes
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 […] Read more
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