The war in Iran is already driving up urea prices in North American and will likely impact phosphate as well, say analysts.
Iran conflict drives up urea prices
Mosaic misses profit estimates on weak U.S. phosphate demand
Mosaic missed Wall Street expectations for fourth-quarter profit on Tuesday, hurt by a steep drop in U.S. phosphate fertilizer demand that weighed on sales volumes.
Top potash producer Nutrien misses fourth-quarter profit estimates
Nutrien missed analysts’ expectations for fourth-quarter profit on Wednesday, as lower sales in its crop nutrients business weighed on the world’s top potash producer.
Canola sees no yield drop in seed-placed phosphorus trial
Phosphorus fertilizer put down with seed limits plant stands, not yield, Saskatchewan research shows
Reading Time: 4 minutes Saskatchewan trials found seed-placed phosphorus in canola rarely reduced yield but often reduced plant stands, shifting risk to crop establishment.
Construction firm to reopen Kapuskasing, Ont. phosphate mine
British Columbia-based Infracon Construction, Inc., announced today it has purchased the shuttered Agrium phosphate mine in Kapuskasing, Ontario.
Mosaic expects Florida fertilizer facilities to return to full production soon
Fertilizer maker Mosaic Co said on Monday that its Florida facilities are expected to return to full production capacity over the coming days after being idled due to Hurricane Milton.
Hurricane unlikely to fuel long-term fertilizer price increase, analyst says
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.
Martison Phosphate Project aims to make Canada self-sufficient in phosphorus
Reading Time: 3 minutes A lot of what determines what Canadian farmers pay for phosphate fertilizer and how readily they can get it happens outside of Canada’s borders. According to Stephen Case, chief executive officer and president of Fox River Resources, Canada has become completely reliant on phosphate sourced from other countries like the U.S., Russia and Morocco. He’s […] Read more
More affordability, usage of fertilizers in 2024, analyst says
Israel's fertilizer output normal for now
MarketsFarm — While global fertilizer prices were projected to be steady to higher in 2024, overall affordability is set to improve while usage will increase, according to one analyst. Samuel Taylor, a New York City-based farm inputs analyst for RaboResearch Food and AgriBusiness, delivered a presentation on the fertilizer market during the firm’s Fall Harvest […] Read more
Mosaic misses profit estimates on lower prices of fertilizers
Farmers seen waiting on prices to stabilize
Reuters — Mosaic Co. on Wednesday missed Wall Street estimates for first-quarter profit on lower prices of potash and other crop fertilizers, even as the fertilizer maker sold higher volumes. Although prices of fertilizers such as phosphates and potash decreased during the reported quarter, it did not boost demand as farmers waited for pricing trends […] Read more
Cyber-Savvy Farmer
