Industry News

U.S. Agriculture Secretary hopes fertilizer companies will not take advantage of Ukraine crisis

Source of the picture: VCG Key words of the passage: Ukraine; crisis; fertilizer; crop; priceU.S. Agriculture Secretary Tom Vilsack said on last 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 du...

03-01

Sound Agriculture launches program to remove the risk associated with fertilizer reduction

Key words of the passage: agriculture; fertilizer; nitrogen; growerSound Agriculture has launched a nitrogen reduction pilot program to replace up to 700,000 units of nitrogen, or 3.4 million units of CO2, across 25,000 acres of fields throughout the U.S. The program was developed to eliminate the financial risk associated with using less synthetic fertilizer by underwriting the risk o...

02-28

China - New measures to ensure food security, help farmers

Key words of the passage: food security; farmer; agriculture; qualityChina has unveiled a master plan for the modernization of the agricultural sector and rural areas through 2025, as the government ratchets up measures to ensure food security, helps farmers bolster incomes and consolidates the outcomes of its poverty reduction campaign. The plan, published by the State Council－China's ...

02-25

As agrochemical prices skyrocket, so do investments in biological alternatives

Key words of the passage: agrochemical; biological; fertilizer Startups developing biological inputs for crops raised just over $892 million worldwide last year, according to preliminary data from AgFunder. That’s well over double their total funding haul for the previous year – indicating just how much interest in the space has grown. Please note that this is an upward revision of A...

02-23

Russia's Acron to buy fertilizer plant from Brazil's Petrobras

Source of the picture: VCG Key words of the passage: fertilizer; produce; price; industryBrazil’s state-run oil company Petrobras confirmed in a securities filing that it has reached a deal to sell the fertilizer plant UFN3 to Russia’s Acron Group. Earlier, Brazil’s Agriculture Minister Tereza Cristina Dias announced the sale, saying she was briefed by Petrobras Chief Executi...

02-21

USDA: Fertilizer prices spike just ahead of 2022 planting season

Key words of the passage: fertilizer; price; crop; spikeNitrogen fertilizers are a key component in the production of field crops. Fertilizer constitutes an average of 36 percent of a farmer's operating costs for corn, 35 percent for wheat, and 30 percent for sorghum, according to estimates in USDA, Economic Research Service's (ERS) 2020 Commodity Costs and Returns data product, publ...

02-16

Trends of cyhalofop-butyl upstream raw materials and intermediates

Key words of the passage: cyhalofop-butyl; raw material; trends; priceSome industry professionals predict the price of cyhalofop-butyl technical may rise after the Spring Festival and a price drop is impossible unless prices of key upstream intermediates collapse, currently a very low probability. Because of the short supply of DHPPA, Heze Jinchen has been forced to stop producti...

02-10

Buying power of soybeans against glyphosate falls by 137% in Argentina

Key words of the passage: glyphosate; price; soybean; marketWith strong inflation in input prices, the purchasing power of Argentine soy producers against glyphosate ended the year 2021 falling by 137%. Despite a slight improvement in December, the ratio of agricultural commodities to fertilizers and herbicides is far from the average of the last eight years. In th...

02-09

How Today’s Fertilizer Prices Could Reshape The Industry

Fertilizer prices continue to dip and spike around 10-year highs. Many are recalling how the current market is echoing similarities and pulling on lessons learned in 2008/2009. “For the most part, retailers have been though cycles like this in the past,” says Lon Swanson Senior vice president of food and ag industry advisors at Wells Fargo. “The stress levels related to this type of ma...

02-08

Stamicarbon wins licensing and equipment supply contract for two urea plants in China

Source of the picture: VCG Key words of the passage: company; equipment; plantsStamicarbon, the innovation and license company of Maire Tecnimont, announces that it has been awarded a licensing and equipment supply contract for two Ultra-Low Energy grassroots urea plants in the People’s Republic of China. The plants will be built in Dongping, Shandong Province, for a local...

01-24

Indian chilli farmers face threats from invasive pests and demand appropriate tech

Key words of the passage: India; farmer; plants; quantity; yieldThe Rashtriya Kisan Progressive Association (RKPA) has asked the chilli growers of Andhra Pradesh and Telangana to unite and jointly fight regulators that are blocking quality agri-input and advocate the usage of modern agri-tech practices to tackle invasive pests like ‘Thripsparvispinus’. The RKPA has also appeal...

01-21

BRI projects adopt green philosophy

A massive Chinese-made tunnel boring machine is deployed to spearhead excavation works for the Genting Tunnel of the East Coast Rail Link near Bentong in Pahang state, Malaysia, on Thursday. The Belt and Road Initiative has promoted economic prosperity and sustainable development in developing countries. ZHU WEI/XINHUA Key words of the passage: BRI; environment; green; carbonEnvironment...

01-20

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