Industry News

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

Horner says Ottawa does not understand the impact of the fertilizer emission reduction target

Key words of the passage: fertilizer; emission; reduction; governmentDuring the recent FPT Ag Minister meetings they had to really push to have a discussion around the Federal Governments targets for fertilizer emissions reduction. Agriculture Minister Nate Horner says Minister Bibeau and her staff made it clear that the actual target, the 30% wasn't something that was o...

08-01

How to manage the world’s fertilizers to avoid a prolonged food crisis

Key words of the passage: fertilizer; food ;crisis; priceHidden behind the worst global food crisis in a decade, fertilizer prices have skyrocketed and remain volatile . This poses a serious threat to food security, as the planting season starts this summer. So far, the war in Ukraine has mostly affected countries importing wheat and corn. But many countries, including some major...

07-29

BASF Readies More Ammonia Production Cuts in Gas Supply Crunch

Key words of the passage: ammonia; production; fertilizer; chemicalGermany's BASF, the world's largest chemical company, is cutting ammonia production further due to soaring natural gas prices, it said on Wednesday, with potential ramifications from farming to fizzy drinks. Germany's biggest ammonia maker SKW Piesteritz and number four Ineos also said they could ...

07-28

China's agricultural exports up 21.7% in H1, helping ease global shortages

Key words of the passage: food; agriculture; export; marketChina's exports of agricultural products expanded by 21.7 percent to 303.1 billion yuan ($45.06 billion) in the first half of 2022, according to official data on Wednesday, reflecting China's significant contribution to helping stabilize global food market amid a series of challenges. Li Kuiwen, a spokespers...

07-27

Demand, prices push Brazil to grow, produce more corn

Key words of the passage: corn; production; fertilizer; demand; exportWith strong demand, high prices domestically and internationally and diminishing uncertainty over fertilizer availability, Brazil’s corn production is expected to increase and planted acres are set to reach a new record, according to a report from the US Department of Agriculture’s Foreign Agricultural Service (FAS).The corn...

07-26

Fertilizer prices sharply higher year over year

Key words of the passage: fertilizer; price; market; grainFertilizer prices have stabilized or eased slightly in the five months since Russia invaded Ukraine, but remain at sharply higher levels than in 2021, so producers who buy early to begin planning for 2023 crops won’t see the same savings that they did last year. Those findings and other expectations for the fertiliz...

07-25

The market of ammonium sulfate will expand

Key words of the passage: ammonium sulfate; market; price; produceThe global ammonium sulfate market is forecast to expand at a 3.6% value CAGR from 2022-2032, reaching a valuation of US$ 4.9 Billion, concludes a recently concluded Fact.MR study. According to the report, the industry is poised to be valued at US$ 3.43 Billion by the end of 2022. Extensive applications in fertiliz...

07-22

China attains bumper summer grain harvest, producing 147.4 billion kg grain

Key words of the passage: summer grain; food; security; outputChina's summer grain output reached a record high in the first half of the year, which experts said has laid a solid foundation for a good yearly harvest and played a positive role in stabilizing China's economy and contributing to global food security. China's summer grain output hit 294.8 billion jin (147.4 bill...

07-21

UN Warns Global Food Crisis Could Turn into “Catatrophe”

In 2022, up to 81 million people will be facing food crisis or worse conditions and up to 19 million more people are expected to face chronic undernourishment globally in 2023 if food exports from Russia and Ukraine continue dto decrease, according to the UN. Read more: https://lnkd.in/eHSJcdqa

07-20

Fertilizer Inflation Forces Overhaul of Brazil Ports, Railways

Key words of the passage: fertilizer; inflation; railway; ports; grain Brazil’s heavy dependence on fertilizer imports is leading to a major upgrade of the nation’s ports, railways and distribution centers. Hundreds of millions of dollars are pouring into Brazil’s logistics infrastructure, all in order to more quickly get fertilizer from ports to inland farms thousands of miles awa...

07-19

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