Beijing | Reuters –– China’s state planner on Wednesday said the government would take measures to keep supply and prices of fertilizers stable, including releasing potash fertilizer reserves and ensuring imports reach farmers as it looks to bolster food security. The National Development and Reform Commission (NDRC) said it was one of 13 government departments […] Read more
Tag Archives urea
China to release potash reserves
Move said to be intended to ensure supply, stabilize prices
Nutrien cuts profit forecast on weak ammonia prices
Reuters — Canadian fertilizer maker Nutrien on Monday cut its annual adjusted profit forecast as weaker-than-normal industrial demand held back prices for ammonia and urea ammonium nitrate. The company cut the top end of its 2020 adjusted earnings per share forecast to $1.90 from $2.10 earlier, while retaining the lower end at $1.50. Even as […] Read more
Fertilizer prices likely to increase
China has shifted focus and is buying more than in previous years
Canadian fertilizer prices are expected to increase as spring draws nearer, according to industry professionals. “The further you buy out from spring, the prices tend to be a little bit lower. In making your commitments early, prices tend to edge up as you get closer to spring,” said Don Kitson of International Raw Materials Inc. […] Read more
Spinner spreaders get new swath control technology
The Salford Group BBI Sniper spreader can adjust on the fly to precisely apply fertilizer
The Salford Group has launched a new spinner spreader, called the Sniper, that enables farmers to control sections of spread for increasing accuracy, less overlap and less environmental impact. The spreader spreads 120 feet. The challenge designing the spreader was the lower quality and consistency of fertilizer in North America, said Anson Boak, Salford’s marketing […] Read more
Global fertilizer market prices vary
CNS Canada — A mixed bag for fertilizer prices is expected over the next few months, as some continue to increase while others should drop, according to an analyst. “The fertilizer market has remained pretty firm over the past six months… we had kind of anticipated some declines across all the different nutrients, (but) they’ve […] Read more
Global fertilizer prices set to fall
CNS Canada — Global fertilizer demand has been higher, leading to increased prices, but with more capacity coming online prices should start to fall, according to an analyst. “Urea prices globally have moved a little higher over the past few months. They’ve been relatively volatile, that’s just kind of a function of some better than […] Read more
Farmers wait for fertilizer prices to fall amid oversupply
CNS Canada — As more fertilizer plants are built around the world and U.S. corn acreage shrinks, the typical thinking holds that prices for urea and nitrogen should fall, but that hasn’t been the case so far for Canadian farmers. “They’re more on the steady side,” said Todd Lewis, president of the Agricultural Producers Association […] Read more
Fertilizer expected to be pricier by springtime
CNS Canada –– Relatively cheap natural gas has helped push down fertilizer prices for Canadian farmers over the past winter, but that should change by springtime. One Manitoba farm leader noted urea fertilizer that went for $545 per tonne last August could now be acquired for $445 per tonne. “Phosphate fertilizer was going for $721 […] Read more
Quebec co-ops’ urea plant back on hold
Development of a major new nitrogen fertilizer plant in Quebec has returned to the back burner where it lived for much of the past year. The Canadian arm of the Indian Farmers Fertilizer Co-operative (IFFCO) and Quebec agrifood co-operative giant La Coop federee announced Monday they will again halt development work on their planned plant […] Read more
Fertilizer spill halts water use from Alta. river
Officials are urging users of water from southern Alberta’s Little Bow River and Travers Reservoir to shut down those uses until further notice, following a farm fertilizer spill. The province’s environment department said about 9,800 litres of liquid urea ammonium nitrate were “accidentally released” Wednesday from a container on private land in Vulcan County, northeast […] Read more