Reading Time: 2 minutes The war in Iran is already driving up urea prices in North American and will likely impact phosphate as well, say analysts.
Tag Archives phosphate
Iran conflict drives up urea prices
Mosaic misses profit estimates on weak U.S. phosphate demand
Reading Time: < 1 minute Mosaic missed Wall Street expectations for fourth-quarter profit on Tuesday, hurt by a steep drop in U.S. phosphate fertilizer demand that weighed on sales volumes.
Top potash producer Nutrien misses fourth-quarter profit estimates
Reading Time: < 1 minute Nutrien missed analysts’ expectations for fourth-quarter profit on Wednesday, as lower sales in its crop nutrients business weighed on the world’s top potash producer.
Construction firm to reopen Kapuskasing, Ont. phosphate mine
Reading Time: < 1 minute British Columbia-based Infracon Construction, Inc., announced today it has purchased the shuttered Agrium phosphate mine in Kapuskasing, Ontario.
Mosaic expects Florida fertilizer facilities to return to full production soon
Reading Time: < 1 minute Fertilizer maker Mosaic Co said on Monday that its Florida facilities are expected to return to full production capacity over the coming days after being idled due to Hurricane Milton.
Hurricane unlikely to fuel long-term fertilizer price increase, analyst says
Reading Time: 2 minutes While the price of urea fertilizer has spiked at the Gulf of Mexico as Hurricane Milton bears down on Florida, that increase is unlikely to affect Canadian farmers much, said MarketsFarm analyst Bruce Burnett.
More affordability, usage of fertilizers in 2024, analyst says
Israel's fertilizer output normal for now
Reading Time: 2 minutes MarketsFarm — While global fertilizer prices were projected to be steady to higher in 2024, overall affordability is set to improve while usage will increase, according to one analyst. Samuel Taylor, a New York City-based farm inputs analyst for RaboResearch Food and AgriBusiness, delivered a presentation on the fertilizer market during the firm’s Fall Harvest […] Read more
Mosaic misses profit estimates on lower prices of fertilizers
Farmers seen waiting on prices to stabilize
Reading Time: < 1 minute Reuters — Mosaic Co. on Wednesday missed Wall Street estimates for first-quarter profit on lower prices of potash and other crop fertilizers, even as the fertilizer maker sold higher volumes. Although prices of fertilizers such as phosphates and potash decreased during the reported quarter, it did not boost demand as farmers waited for pricing trends […] Read more
Mosaic misses profit estimate amid lower demand for fertilizers
Reading Time: < 1 minute Reuters — Mosaic Co. on Wednesday became the latest fertilizer maker to miss fourth-quarter profit estimates amid lower demand for potash and other crop fertilizers, pushing shares down 2.2 per cent in extended trading. Although prices of fertilizers such as phosphates and potash decreased toward the end of last year, it did not boost demand […] Read more
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
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