Cost of Production
Fertilizer prices, led by CF Industries, fell in Thursday’s trading. Nitrogen prices reportedly plunged 30%, partly due to demand destruction.
What’s included in the White House’s recent Ukraine aid proposal? AgriTalk Host Chip Flory reads between the lines with the Biden administration’s Candace Vahlsing, as industry leaders examine the potential consequences.
Heartland, a biotech company, says it has solved the Traveling Salesman Problem and intends to put the software in an app they’re calling ReMap that “saves farmers fuel and time.”
In hot-box style, five diverse farm technologies—Salin 247, Susterre, Phinite, BovIQ, and Holganix—took center stage at Top Producer Summit in Nashville, Tenn., on Feb. 15.
A buying group provides preferential access to a collection of farmers or acres.
The U.S. is the second or third top importer for each of the three major components of fertilizer. Top producers of the major components of fertilizer include China, Russia, Canada, Morocco and Belarus.
Roughly 3,000 Canadian Pacific Railway Ltd. (CP Rail) workers voted 96.7% in favor of going on strike starting March 16 if a collective bargaining agreement is not penned. CP Rail halts would mean trouble for fertilizer.
Secretary Vilsack supports attorney generals search for answers. He says once the market studies are completed, “we may learn additional steps we can take.”
UPDATE: 03/02 4:23 pm-EST-There are reports a missile struck a vessel flying under the flag of Bangladesh in Ukraine.
Jim Bowen carries a scar from a cottonmouth bite, but when he crossed paths with two leviathan-size timber rattlers, the prospect was almost more than he could handle.
Dept. of Commerce issued a preliminary determination this week showing urea nitrate from Russia and Trinidad and Tobago is being sold into the U.S. at less than fair value. The ruling could open the door for tariffs.
2021 was a strong financial year for many farmers. For 2022, input costs are rising rapidly. One ag lender cites $700 per acre in some scenarios. That means farmers will need strong yields this season to break even.
The U.S. Army Corps of Engineers will use $732 million in federal infrastructure funding to modernize a lock and dam on the Upper Mississippi River crucial for shipping grain and soybeans to export markets.
Even with no big shocks to the markets in USDA’s major reports this week, there are a few takeaways from the reports that could provide perspective and insight on future crops and how traders react to weather concerns.
Fertilizer is cited as the No. 1 concern. Plus, 45% of farmers say their plans for this spring are being impacted by the tight machinery inventory, according to the Ag Economy Barometer.
Look ahead to potential situations including debt limit, inflation, inputs costs, and foreign threats.
Rising costs could lower fertilizer rates in 2022.
In 2007, Casey Kimbrell pulled the handbrake on life, questioned the fundamentals of agriculture, and determined to topple the assumed pillar of farm function—debt.
Adam Chappell’s farming operation is transformed, and the 41-year-old grower doesn’t mince words: It was all about the money.
Rick Clark farms butt-naked and reports savings of $670,000 per year on diesel, synthetic nitrogen, potash, lime, MAP, and chemistry.
CF Industries said a shortage of nitrogen fertilizer means the world could see a reduction in global crop yields next year. With fertilizer prices continue to race higher, what’s the cure? Ag economists weigh in.
In one of the most heavily ignored and needless catastrophes in recent U.S. history, 548,000 acres of the Mississippi Delta were silently swallowed in 2019 and submerged for five months.
If pasture, rangeland or forage is important to your farm’s success, insurance could be a valuable risk-management tool.
From nitrogen to glyphosate, prices are posting 100% to 300% increases right now. Some farmers say they can’t even get retailers to price product until the inputs actually arrive at the retail facilities.
The fertilizer industry is swarmed with Black Swan events. From the impacts of Hurricane Ida to political issues entangled in a cobweb of production slowdowns in Europe and China, prices could surpass 2008 highs.
A peculiar southeast Arkansas farmhouse conceals an obscure treasure of agriculture, grit, and ingenuity behind its walls—a 19th century steamboat.
Cutting costs can sometimes hurt your bottom line. Spending “extra” money can sometimes improve your margins.
Jon Stevens is an agriculture heretic: “Don’t argue with me about the awesome changes I’ve seen on my ground. You can argue with my logic and how I arrived there, but not the results.”
As we face challenges heading into the 2022 crop year due to skyrocketing input prices, it is imperative we understand the environment in which we are making decisions.
The carbon market is poised for growth but farmers are still looking for reliable information, return on investment and assurances that they won’t be unfairly penalized or lose control over their operations.