Reading Time: < 1 minute Chicago | Reuters — CF Industries on Wednesday reported quarterly earnings climbed 485 per cent as the fertilizer maker ramped up U.S. shipments after Russia’s invasion of Ukraine catapulted prices for crop nutrients. Top fertilizer producers including CF, Nutrien and Mosaic Co. have benefited as sanctions on exporters Russia and ally Belarus limited global supplies […] Read more
CF Industries profit soars as sanctions raise fertilizer prices
Nutrien bolsters profit forecast on surging fertilizer prices
Fertilizer sector set for biggest profits in years
Reading Time: 2 minutes Reuters — Nutrien Ltd. on Monday raised its full-year earnings forecast well above estimates after posting a more than 10-fold jump in first-quarter profit, as the world’s largest fertilizer company benefits strongly from soaring prices of crop nutrients. Prices of essential crop nutrients such as potash and phosphate skyrocketed in the quarter, touching near-record levels, […] Read more
CF Industries warns of shipment delays via Union Pacific
Reading Time: < 1 minute Reuters — Fertilizer firm CF Industries on Thursday warned of delays in shipment of its nitrogen fertilizers, a week after Union Pacific mandated certain shippers to reduce the volume of private cars on its rails. The announcement of delay also comes a month after CF said it is increasing fertilizer shipments to both U.S. coasts […] Read more
CF Industries boosts U.S. fertilizer shipments as Russian exports cut
Reading Time: 2 minutes Chicago | Reuters — CF Industries is increasing fertilizer shipments to both U.S. coasts from the world’s largest nitrogen complex in Louisiana to help offset a decline in exports from Russia after it invaded Ukraine, CEO Tony Will said. Global fertilizer supplies have tightened and prices have increased from already high levels as sanctions bite […] Read more
Vilsack hopes fertilizer firms don’t take advantage of Ukraine crisis
Reading Time: 2 minutes Washington | Reuters — U.S. Agriculture Secretary Tom Vilsack said 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 due to rising demand and lower supply as record natural gas and […] Read more
Timing your N in the field is everything
ESN is winning the trials in some regions, but many growers just aren’t convinced
Reading Time: 6 minutes [UPDATED: April 4, 2022] Few things grab a producer’s attention faster than high yields, and for a lot of good reasons. Yield is the money-maker, a point of pride and the only real metric that matters. But this winter it may be getting a second look as producers learn more about how to use nitrogen […] Read more
Fertilizer prices to remain high for now
Reading Time: 2 minutes MarketsFarm — There are two factors to consider when it comes to fertilizer. One is the cost as it’s to remain quite expensive at least through the first quarter of 2022, according to Chris Lawson, head of fertilizers for the CRU Group. The other is its availability, said Todd Lewis, president of the Agricultural Producers […] Read more
Farmers ask U.S. Justice Department to probe fertilizer price spikes
Reading Time: 2 minutes Reuters — Farmers have asked the U.S. Department of Justice to investigate whether recent spikes in fertilizer prices are attributable to market manipulation by fertilizer companies, according to a letter sent Wednesday by the Family Farm Action Alliance. The group, which has more than 6,000 farmer and rural members, alleges fertilizer companies are setting prices […] Read more
Fertilizer shortage may lead to spring scramble
'It's next year's prices I'm worried about'
Reading Time: 2 minutes Reuters — A global shortage of nitrogen fertilizer is driving prices to record levels, prompting North America’s farmers to delay purchases and raising the risk of a spring scramble to apply the crop nutrient before planting season. The Texas Arctic Blast in February and Hurricane Ida in August disrupted U.S. fertilizer production. Then, prices of […] Read more
‘Perfect storm’ causes fertilizer price spikes
'Most of us are in a "wait-and-see" position'
Reading Time: 2 minutes MarketsFarm — Fertilizer prices have increased over the past year, but could be headed even higher as a recent confluence of events has caused a shortage — the effects of which may affect producers past the New Year. “Particularly, in the last few weeks, there have been a number of supply events which have really […] Read more
A message from April Stewart, Country Guide's Associate Editor
