Industry News

Forecasting Fertilizer Supply

Key words of the passage: fertilizer; supply; forecast; capabilityAs a trade association, IFA is prohibited from forecasting future output levels of the industry. Instead, the Market Intelligence Service forecasts a supply measure known as capability, which combines announced capacity developments and an adjusted effective operating rate based on historical trends. This results in a forecast...

08-18

Backdrop to The Fertiizer Outlook

Key words of the passage: outlook; fertilizer; supply; outlook The situation in Ukraine requires a new methodology to assess future fertilizer supply and demand.In traditional market cycles, the balance between fertilizer supply and consumption is most often dictated by cost competitiveness and incentive to produce, resulting in market rationalization which plays out at the i...

08-15

Japan Agricultural Fertilizer Market

Key words of the passage: agrticulture; fertilizer; market; manufacturerJapan’s Food and Agricultural Materials Inspection Center (FAMIC) manages the approval of fertilizers that enter Japan’s agricultural market. Agricultural business is a key industry for Japan. The structure of agricultural business in Japan is quite different from western models. Most Japanese farms ...

08-15

U.S. conglomerate Huber buys Italian fertiliser maker Biolchim

Key words of the passage: fertilizer; deal; company; agreementU.S. family-owned conglomerate J.M. Huber Corp. (CPKEL.UL) has clinched a binding agreement to buy Italian fertiliser maker Biolchim from NB Renaissance and Chequers Capital, the two private equity firms said on Monday. The deal, whose value a source close to the transaction put at around 600 million euros ($610 m...

08-12

Where and How are Fertilizers Used?

Key words of the passage: fertilizer; use; factor; differenceAlthough fertilizer production is highly concentrated, fertilizer use is dictated by soil composition and the crop being produced. As a result, fertilizer use is widely distributed globally (Chart 3). Some countries are heavier users of fertilizers on a per hectare basis than others. Based on the 3-year average data (2017-2019) from the ...

08-11

Impacts and Repercussions of Price Increases on the Global Fertilizer Market

Key words of the passage: fertilizer; price; supply; demandGlobal fertilizer prices are at near record levels and may remain elevated throughout 2022 and beyond. Fertilizer prices account for nearly one-fifth of U.S. farm cash costs, with an even greater share for corn and wheat producers. Fertilizer accounts for 36 percent of a farmer's operating costs for corn, and 35 perce...

08-10

Colombia Fertilizer Market

Key words of the passage: fertilizer; market; import; food Colombia relies on imported raw materials for fertilizer production. It is estimated that more than 2 million tons of fertilizers are consumed in Colombia each year. The dominant segment is the inorganic fertilizer market, accounting for more than 95% of total sales. In 2021, Colombia imported nearly USD 203 million i...

08-09

Plant Health: Why Micronutrient Adoption in Brazil Is Soaring

Key words of the passage: micronutrient; fertilizer; price; biostimulantsIn South America, consumption of micronutrients has soared, undeterred by soaring fertilizer prices, says Vatren Jurin, Plant Nutrition Consultant with biologicals research firm Dunham Trimmer. Adoption is higher than in the U.S, due to a combination of deficient soils and the ability to do multiple applicati...

08-08

Fertilizer giant Nutriens profit grows 224% as global demand surges

Key words of the passage: fertilizer; price; profit; marketNutrien Ltd. says its net profit increased 224 per cent to US$3.6 billion in the second quarter as the war in Ukraine continues to put pressure on global agriculture markets. The Saskatoon-based fertilizer producer — which reports in U.S. dollars — says its net earnings for the three months ended June 30 were aff...

08-05

Price Reduction of DAP Recently, What's the Future Market Trend in China?

Key words of the passage: DAP; market; reduction; urea; outlookThe quotation of DAP fell sharply on Tuesday. The early ex factory quotation of 64% DAP from Hubei enterprises was 4600 yuan (ton price, the same below). The current quotation is about 500 yuan lower than the early quotation. DAP sharply reduced price, can the market be good? Several analysis aspects as follows:&...

08-04

Global Fertilizer Use Likely to Decline Before Partial Recovery, with Food Security Implications

Key words of the passage: fertilizer; reduction; food; crisis; marketThe International Fertilization Association (IFA) forecasts a decline in global mineral fertilizer use of up to 7% in a pessimistic scenario – a reflection of significant uncertainty in market conditions and a feature of the unfolding food crisis. Of the three primary nutrients in commercial fertilizers -...

08-03

Turkey plans to import more wheat in 2022-23

Key words of the passage: wheat; export; food; marketurkey plans to import more wheat in 2022-23 to meet domestic food and feed demand, strengthen country stocks and meet stable demand from wheat product producers and exporters, according to a report from the Foreign Agricultural Service of the US Department of Agriculture (USDA). Imports are forecast at 10.25 million tonnes...

08-02

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