Potash
While application season is still weeks away, retailers and other suppliers are encouraging farmers to reserve product now.
Two global factors could break the trend, while a focus on efficiency could bring short-term opportunities for farmers
Nebraska grower Brian Herbek says a ‘finishing pass’ can help fill corn ears all the way to their tips with kernels and pack on more starch in the process. Hear more of Herbek’s insights along with David Hula and Randy Dowdy on Breaking Barriers With R&D.
Josh Linville, vice president of Fertilizer for StoneX Financial Inc., says the current fertilizer and corn price ratio is at historic levels with potash the worst in history, UAN the second worst in history, and urea ranking as the third worst.
“For now, we don’t believe there’s going to be much in the effect in terms of fertilizer production from either country, though it would be a little silly to not consider it,” says Josh Linville from StoneX.
“UAN is easily the most important topic right now,” says Josh Linville at StoneX. “That is because it is no longer a price story—it’s a ‘can you even find it supply story.’”
Randy Hughes is continually refining his fertility program and has seen yields improve 40 bu. to 50 bu. per acre over the past six years. Hughes chats with corn yield champs David Hula and Randy Dowdy about the importance of being a lifelong student of the crop.
While macronutrients and micronutrients such as zinc, iron, and manganese contribute to high yields, yield champs say don’t overlook the importance of having soil pH in place first.
The President’s Executive Order is being seen a step toward the U.S. being able to produce more of its own potash, which is said to be available but not mined due to regulatory impediments.
Additionally and specifically, Canadian potash imports into the U.S. will be subject to a reduced import tariff of 10%.