Industry News

Russia to Slap Quotas on Fertilizer Exports to Safeguard Supply

Key words of the passage: Russia; fertilizer; export; nitrogen; produce(Bloomberg) -- Russia plans to impose a six-month quota on some fertilizer exports to safeguard local supplies and limit costs for farmers after the energy crisis sent nitrogen nutrient prices soaring.The move -- covering exports of nitrogen and complex fertilizers containing nitrogen -- comes as nutrients prices have surged gl...

11-04

Experts discuss dual carbon governance at WLA panel

Key words of the passage: carbon; energy; reduction; climate; environmentScience and environmental experts called for global collaboration in renewable energy storage, carbon sink and climate policy making at the WLA zero carbon series panel session held in Shanghai on Tuesday. Themed on dual carbon governance, the panel session is one of the sub forums held alongside the 4th World Laureates ...

11-04

China set to combat soaring vegetable prices

Key words of the passage: vegetables; price; controlLate last week, the Chinese Ministry of Agriculture and Rural Affairs (MOA) issued a notice asking local authorities to ensure stable supply and steady prices of vegetables and take that as the major task ahead, especially for the upcoming New Year, the Spring Festival and the Winter Olympics. Since late September, severe weather, high produ...

11-03

Asia pacific humic acids market size will exhibit a CAGR of over 12.8% from 2021 to 2027

Key words of the passage: humic; market; organic; food industryHumicacids market size was USD 494.9 million in 2020 and is estimated to exhibit a CAGR of over 11.9% from 2021 to 2027. The growing organic food industry is anticipated to drive the industry growth over the forecast period. Dietarysupplements are forecast to reach USD 124 million by 2027. Dietary supplements h...

11-02

Shanghai researchers make new discovery in legume nitrogen fixation

Key words of the passage: nitrogen; legume; fixation; fertilizerA study by a Shanghai-based research institute has revealed a central regulatory mechanism in legume nitrogen fixation, which provides a chance to improve nitrogen fixation in legumes and a theoretical basis to transfer nitrogen fixation in non-legumes plants, such as rice and maize. The research results may help reduce the use o...

11-01

China agricultural service firms eye overseas market

Key words of the passage: China agriculture; market; international; trade; serviceTrade in agricultural services will become a fresh growth point for domestic companies to invest in related projects abroad, as well as help ensure the world's food supply going forward, said government officials on Tuesday. The global agricultural products market has been challenged by hindered internationa...

10-29

Agribusiness facing growing financial pressure to adopt green measures

The UN Food Systems Summit, which took place in Washington DC last month, couldn’t be faulted for ambition. “The way we produce and market food is harming our environment,” said its website. “This has to change.” The summit was called by UN Secretary General António Guterres to address the serious impacts of the growing demand for commodities on the world’s ecosystems, as well as...

10-28

India considers $3.8 billion increase in fertilizer subsidy

Key words of the passage: fertilizer; subsidy; India; farmer India is likely to provide additional Rs 28,600 crore ($3.8 billion) to fertilizer companies as compensation for selling products at lower than market prices to farmers, people with the knowledge of the matter said. A cabinet meeting chaired by Prime Minister Narendra Modi may approve the enhanced subsidy for winter-sown crops as ea...

10-27

LESS CORN, MORE SOY? FERTILIZER CONCERNS LIKELY TO SWAY 2022 PLANTING INTENTIONS

Key words of the passage: fertilizer; price; US farmers; corn; plantA grain analyst says increasing fertilizer prices and questionable availability will likely convince US farmers to plant less corn in the spring. “Corn prices remain supportive, but are they going to be supportive enough for US farmers to pay these rates for fertilizers come spring? Never mind that they don’t know if they...

10-26

Yellow phosphorus price going down; glyphosate price still on the rise

Key words of the passage: yellow phosphorous; glyphosate; price; impactSince the release of the article - Analysis of Glyphosate Price Trends, dated September 3, 2021, the market price of glyphosate has maintained upward trend. As of press time, the average price of glyphosate in China has reached Yaun80,300 while the market price on September 3 was RMB52,000, an increase of 53.8%. According to so...

10-25

Technology helps Xinjiang cotton break yield record

Key words of the passage: cotton; yield; technology; farmerURUMQI -- As vast swathes of blooming cotton in Northwest China's Xinjiang Uygur autonomous region awaits the harvest this month, technology adopted in planting, spraying and other processes have gradually manifested its effect. A team of agronomists from multiple departments confirmed last week that the cotton yield in a demonstr...

10-22

Brazilian Biopesticides market grew 28% in the last two years

Key words of the passage: biopesticides; price; market; organic; salesThe biological pesticides market continues to grow in Brazil, with numbers considered “encouraging” by the companies. According to a study by IHIS Markit/CropLife Brazil, in the last two years until 2020, this segment grew 28%. In Brazilian currency, the market soared at a compound annual growth rate (CAGR) of 45% ...

10-21

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