Fertilizer
Gold Eagle Cooperative in Hardy, Iowa suffered a scare on Tuesday afternoon when the bin under its fertilizer building exploded.
After hitting record highs, fertilizer prices are finally cooling down.
Yes, the problem could also be a nitrogen deficiency or even a phosphate deficiency. Check out the photos provided to identify which deficiency your crop is encountering now and determine next steps.
You may need more nitrogen to fuel this year’s crop adequately. Also, cutworms are on the move. Ferrie advises dropping your threshold tolerance to 1.5%.
Fertilizer prices, led by CF Industries, fell in Thursday’s trading. Nitrogen prices reportedly plunged 30%, partly due to demand destruction.
Nutrien announced this week it will build the world’s largest clean ammonia production facility in Geismar, Louisiana, to “decarbonize agriculture.”
Biden says Ukraine has 20 million tons of stored grain awaiting export to various countries. He says lack of port movement coupled with halted planting in Ukraine will ignite a global food crisis unless action is taken.
The White House is expected to announce plans to insure double cropping in 681 more counties and doubling the amount of funding for domestic fertilizer production to $500M during a visit to an Illinois farm Wednesday.
As input prices climb to alarming levels, Jon Stevens’ decade-long series of input trials is paying dividends in 2022.
One of the biggest ag supply chain stories this spring has been pesticides. While my experience is these situations are usually overblown early, the situation could alter the way farmers do business in the years ahead.