Fertilizer
Farmers have asked the DOJ to investigate whether recent spikes in fertilizer prices are attributable to market manipulation by fertilizer companies, according to a letter sent by the Family Farm Action Alliance.
President Biden planned to meet with chief executives of major retailers and companies to discuss how to move goods to shelves as the U.S. holiday shopping season begins in the shadow of the Omicron coronavirus variant.
In an op-ed written by NCGA CEO Jon Doggett, he says fertilizer executives are bringing in climbing profits at the expense of farmers, referring to those fertilizer companies as the “Fertilizer Oligopoly.”
“We’re going to do it differently. We’re going to choose active ingredients we haven’t used before. We’re going to do different kinds of production activities,” says Allan Gray at Purdue University.
Balance prices and soil health for success.
With a focus on reducing environmental effects from nitrogen and phosphorous while maintaining or increasing crop yields, contestants were to formulate a concept and submit within a two-month window.
With more eyes on sustainability and conservation, farmers in the Midwest should consider environmentally and pocketbook-friendly options—before it becomes regulated.
By sharing his agronomic practices with fellow farmers, Swartz helps them identify practical, cost-effective ways they can enhance conservation stewardship on their respective operations.
There doesn’t appear to be much price relief on the horizon. Product availability could be limited as well, based on what China and Europe are experiencing.
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.