Industry News

India aims for $17 bln cut in food, fertiliser subsidies in 2023/24 – sources

A worker carries a sack of wheat for sifting at a grain mill on the outskirts of Ahmedabad, India, May 16, 2022. REUTERS/Amit DaveIndia aims to cut spending on food and fertiliser subsidies to 3.7 trillion rupees ($44.6 billion) in the fiscal year from April, down 26% from this year, two government officials said, to rein in a fiscal deficit that ballooned during the COVID-19 pandemic. Food a...

01-04

Embrapa: New bioinput increases sugarcane yield by up to 20%

Two bacteria identified by Embrapa from its microorganism bank, which can increase phosphorus uptake by plants, have shown proven gains in sugarcane cultivation. According to Embrapa's research data, the productivity gain hit 20% with the first phosphorus solubilizing inoculant developed in Brazil with validated agronomic recommendations for sugarcane cultivation, named Omsugo ECO and traded b...

01-03

Mosaic offers two biological soil health products for US farmers

It was earlier this year that the ag company Plant Response – known for its biological-based soil health products – was purchased by The Mosaic Company. Now that the two companies are under one umbrella, they’re now offering a couple of biological fertilizer complements – BioPath® and PowerCoat® – that might make sense for your farm operation. “The biological world is really abo...

12-30

Brazil agribusiness exports US$ 160 billion in '22, but inputs have soared and '23 could see a return of protectionism

Brazilian agribusiness exports should reach a record US$ 160 billion this year, which represents an increase of 32% compared to 2021, and a number that also was surprisingly high last year. But on the other hand input imports have never been so costly because of the international prices with inputs reaching almost US$ 50 billion, up 51% year to year. The surprising export revenue began with t...

12-29

China lifts quarantine for inbound passengers

People arriving in China from abroad for work, business, study and family reunions will no longer need to quarantine from Jan 8, according to the latest changes in the country's COVID-19 policy. Inbound passengers will still need a negative nucleic acid test 48 hours before departure and have to wear protective masks onboard flights, the State Council's Joint Prevention and Control Mechani...

12-28

Biostimulants reduce chemical fertilization of the field by 30%

The "Nutrialgae" project, the only Spanish project included in the United Nations Development Program (UNDP), achieves its goal of reducing the use of chemical fertilizers while increasing productivity. This project is part of the Ocean Innovation Challenge (OIC) initiative and is managed by the marine biotechnology company Ficosterra.Working team in Mexico. Presentation of "Nutrial...

12-26

Brazil's Petrobras terminates process to sell Parana fertilizer unit

Brazilian state-run oil company Petroleo Brasileiro SA has decided to terminate the process to sell fertilizer subsidiary Araucaria Nitrogenados, it said in a statement late on Monday. The announcement came after newspaper Valor Economico reported that Petrobras' plans to sell the unit to Norway's Yara would not materialize. The decision also follows requests from President-elect...

12-22

Are fertilizer use returns optimal in Kenyan farms?

While many approaches, such as nutrient omission trials, have been shown to be beneficial in adjusting fertilizer recommendations such as nitrogen (N) fertilizer-based rates, severe nitrogen deficiencies persist across Kenyan farms. These can be attributed under application of N, or N loss. A large amount of the applied N is lost due to extreme surface soil pH’s. This has been reported to accoun...

12-21

UN hopeful for Russian fertiliser exports breakthrough

A senior U.N. official on Thursday voiced optimism that there would be a breakthrough in negotiations to ease exports of Russian fertilisers to avoid food shortages next year. Russia has complained its concerns about fertiliser exports had not been addressed when a deal for extending a Black Sea grain export agreement was agreed in November. Low Russian fertiliser exports remained a &quo...

12-20

China pulls off new record in grain output, expected to remain cornerstone of global food security

China pulled off a new record in grain output in 2022, official data showed on Monday, defying the uncooperative weather at home and the ripples of the Ukraine crisis. The difficult feat attests to the country's targeted and effective response to a conflux of headwinds, as food security is adamantly high on the government's agenda, experts said. China's capability to sufficie...

12-16

Fertilizer Shortage Could Impact Commodities in 2023

Heading into 2023, supply continues to be a prime concern when investing in agricultural commodities. This includes fertilizer, which has been going through a brewing supply crisis apart from the actual commodities at stake. According to a Modern Farmer article, the fertilizer crisis "has been steadily growing since 2021—when the World Bank reported a 66-percent increase in the price o...

12-15

Humic acid market size to hit 1.1 bn by 2028

Propelled by the rapidly growing farming industry together and the thriving demand for dietary supplements globally, the humic acid market is set to grow at a rapid pace in the near future. With the rising importance of sustainable agriculture in most parts of the world, there is a stronger need to enhance the soil structure while ensuring that the plants hold water. This product also holds great ...

12-14

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