China will ramp up efforts to secure grain harvests despite poor summer grain growth as a result of flooding during the sowing season last fall, Tang Renjian, Minister of Agriculture and Rural Affairs, said on Saturday during an interview at the ongoing session of the 13th National People's Congress. A third of the country's wheat-grow...

U.S. Agriculture Secretary Tom Vilsack said on last Thursday he hoped fertilizer and agriculture supply companies affected by the Russian invasion of Ukraine would not take unfair advantage of the situation, amid already high fertilizer and crop prices. Fertilizer costs have soared due to rising demand and lower supply as record natural gas an...

Sound Agriculture has launched a nitrogen reduction pilot program to replace up to 700,000 units of nitrogen, or 3.4 million units of CO2, across 25,000 acres of fields throughout the U.S. The program was developed to eliminate the financial risk associated with using less synthetic fertilizer by underwriting the risk of lost yield. It is another s...

Startups developing biological inputs for crops raised just over $892 million worldwide last year, according to preliminary data from AgFunder. That’s well over double their total funding haul for the previous year – indicating just how much interest in the space has grown. Please note that this is an upward revision of AgFunder figur...

FSHOW Webinar--Kingenta Ecological Engineering Group Co., Ltd. Time: Thursday, February 24, 2022, 5:00-6:00PM GMT+8. Topic: Global Fertilizer Market Outlook 2022 FSHOW Webinar is conducted to help FSHOW members to promote global fertilizer trade. This time, Kingenta will be invited to share their opinion on global fertilizer market i...

Brazil’s state-run oil company Petrobras confirmed in a securities filing that it has reached a deal to sell the fertilizer plant UFN3 to Russia’s Acron Group. Earlier, Brazil’s Agriculture Minister Tereza Cristina Dias announced the sale, saying she was briefed by Petrobras Chief Executive Joaquim Silva e Luna and Mining and Energy Mini...

Canpotex has reached an agreement with China’s potash buying committee for standard grade potash shipments through to December 31, 2022, at a price of US$590/MT on a CFR basis. “China has been an important market to Canpotex for 50 years,” said Gordon McKenzie, Canpotex President and CEO.  “We look forward to continuing our suppor...

Fertilizer prices continue to dip and spike around 10-year highs. Many are recalling how the current market is echoing similarities and pulling on lessons learned in 2008/2009.  “For the most part, retailers have been though cycles like this in the past,” says Lon Swanson Senior vice president of food and ag industry advisors at Wells Farg...