Industry News

Year closes with record fertilizer consumption in Argentina

Source of the picture: VCG Key words of the passage: Argentina; fertilizer; consumption; growthThe increases in yields being consolidated in crops have a significant correlation in the investment of technology that producers have been making, and in this, fertilizers play a fundamental role. According to a survey by Fertilizar Asociación Civil, preliminary analyses of the fertiliz...

12-29

Prices of most production goods fall in China

A worker checks natural gas pipelines at a gas compressor station in Tangshan, Hebei province. [Photo/Xinhua] Key words of the passage: product; price; decline; fertilizerBEIJING -- Over half of the production goods monitored by the government declined in the first 10 days of December compared with the previous 10 days, official data showed. Of the 50 goods monitored by the governm...

12-28

Strong inflation in agrochemicals erodes Argentinians' purchasing power

Source of the picture: VCG Key words of the passage: inflation; fertilizer; agrochemical; marketAccording to a survey by Grupo Az, along with the soaring prices of fertilizers and herbicides that have deteriorated the input/output...

12-27

Global Fertilizer Exports by Country

Key words of the passage: fertilizer; export; countryIn 2020, global fertilizer exports amounted to 204M tonnes, increasing by 2% from the previous year's figure. In value terms, exports dropped to $52.7B (IndexBox estimates) The largest fertilizer supplying countries worldwide were Russia ($7B), China ($6.3B) and Canada ($5.1B), together comprising 35% of global exports. These cou...

12-23

Soaring fertilizer prices: A threat to food security in sub-Saharan Africa

Key words of the passage: Africa; fertilizer; price; farmer; food security“Two out of every five people on Earth today owe their lives to the higher crop outputs that fertilizer has made possible.” —Bill Gates, Wired.com Sustainable farming systems are based on soil nutrients, but what happens when farmers can no longer access or afford the fertilizers that provide most of t...

12-22

Why have fertilizer prices been high in 2021? There are five key drivers

Source of the picture: VCG Key words of the passage: price; fertilizer; market; demand; supplyGlobal fertilizer prices are market-driven, and determined by the balance between supply and demand, underpinned by production costs. Prices also vary with agricultural seasonality and the timing of fertilizer purchases in a year. So why have fertilizer prices been high in 2021? There are five key dr...

12-21

Study clarifies nitrogen’s impact on soil carbon sequestration

Source of the picture: VCG Key words of the passage: soil; nitrogen; carbon; fertilizerSoil organic carbon is a cornerstone of soil health. It improves soil structure while enhancing water- and nutrient-holding capacity, key factors for any agricultural production system. To build it up, farmers incorporate crop residues into soils.So why, despite decades of residue inputs, is soil organic ca...

12-20

New understanding of plant nutrient response could improve fertilizer management strategies

Source of the picture: VCG Key words of the passage: nutrient; plant; fertilizer; green; photosynthesisGreen is a color that is almost universally associated with plants—for good reason. The green pigment chlorophyll is essential to plants' ability to generate food; but what happens if they don't have enough of it? New work from Carnegie, Michigan State University, and the Nati...

12-17

The Benefits of Chitin for Healthy Plants

Key words of the passage: chitin; plant; definition; benefitsChitin is common in fungi cell walls, crustacean and insect skeletons and fish scales, among other places. It is the second most abundant polysaccharide, after cellulose, and rich in nitrogen, calcium, magnesium and other vital minerals required for healthy microbial activity. When released in the soil, chitin increases the availability ...

12-16

Nutrien plans 4 new fertilizer factories in Brazil

Key words of the passage: Nutrien; fertilizer factory; Brazil; marketCanadian giant Nutrien has announced plans to build four fertilizer blending plants in Brazil and increase the capacity of the four existing plants. Thus, Nutrien intends to double its capacity in Brazil amid the high prices of agrochemicals and their scarcity in the global market. Commissioning of the new p...

12-15

Syngenta changes the agricultural landscape of Indonesia

Key words of the passage: agricultural; digital; food securityThe problems that was brought on by the pandemic was plenty, and Syngenta is ready to offer a solution to at least one; food security. Syngenta Indonesia has held 6,900 virtual events since March 2020, including webinars conducted by the field agronomist team with the farming community, field reviews, and the launch of new a...

12-14

Increasing global market demands of biostimulants

Key words of the passage: biostimulants; farmers; product; marketThe current global biostimulants market is estimated to be valued at $3 billion a year, with a projected annual growth rate of 12-15%.3,6 However, the variety of the products used, lack of common nomenclature and complicated regulatory process make it difficult to identify the true market size. Humic substances and seaweed extracts c...

12-13

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