Home » Posts tagged 'fertiliser prices'

Tag Archives: fertiliser prices

Olduvai
Click on image to purchase

Olduvai III: Catacylsm
Click on image to purchase

Post categories

Post Archives by Category

“The Summer Of Starvation”: Soaring Fertilizer Prices Unleash Chaos, Hunger Worldwide

“The Summer Of Starvation”: Soaring Fertilizer Prices Unleash Chaos, Hunger Worldwide

One of the most pernicious consequences – if primarily for the anti-Russia west – resulting from the Ukraine war, has been the unprecedented spike in fertilizer prices which among other things, has sparked a historic surge in food prices and collapse in supply chains around the globe, as we discussed in these articles published over the past few months:

Fast forwarding to today, when we have some good, some bad and some pretty terrible news. The good news it that fertilizer prices have eased modestly from all time highs, as the following chart of Tampa Ammonia CFR spot prices shows.

The bad news is that the the price hasn’t dropped nearly enough: according to Bloomberg, the glut of fertilizers piling up at the biggest Brazilian ports signals that the price of the nutrients has to drop further before farmers start buying.

In Paranagua, private warehouses reached their maximum storage capacity of 3.5 million tons, Luiz Teixeira da Silva, Paranagua’s operations director told Bloomberg. A terminal operated by VLI Logistics, one of the two at Santos port that store fertilizers, is also full, according to people with knowledge of the matter who asked not to be named as the information isn’t public.

As noted above, the price of fertilizers across the globe has exploded to unprecedented levels, and Brazil has been no exception.

…click on the above link to read the rest of the article…

A Farming Insider Has Warned Me That The Coming Food Shortages Are Going To Be FAR WORSE Than We Are Being Told

A Farming Insider Has Warned Me That The Coming Food Shortages Are Going To Be FAR WORSE Than We Are Being Told

The information that I am about to share with you is extremely alarming, but I have always endeavored to never sugarcoat things for my readers.  Right now, there are shortages of certain items in grocery stores across the United States, and food supplies have gotten very tight all over the globe.  I have repeatedly warned that this is just the beginning, but I didn’t realize how dire things have already gotten until I received an email from a farming insider that I have corresponded with over the years.  I asked him if I could publicly share some of the information that he was sharing with me, and he said that would be okay as long as I kept his name out of it.

According to this farming insider, dramatically increased costs for fertilizer will make it impossible for many farmers to profitably plant corn this year.  The following is an excerpt from an email that he recently sent me…

“Things for 2022 are interesting (and scary). Input costs for things like fertilizer, liquid nitrogen and seeds are like triple and quadruple the old prices. It will not be profitable to plant this year. Let me repeat, the economics will NOT work. Our plan, is to drop about 700 acres of corn off and convert to soybeans (they use less fertilizer, and we also have chicken manure from that operation). Guess what? We are not the only ones with those plans. Already there is a shortage of soybean seeds, so we will see how that will work out. The way I see it, there will be a major grain shortage later in the year, especially with corn. I mean, we are small with that…

…click on the above link to read the rest of the article…

Fertilizer Inflation Contributing to Higher Food Prices

Food prices are expected to rise going into 2022, and one major contributing factor is the rising price of fertilizer. The American Farm Bureau Federation stated that all nutrients had risen dramatically in cost over the last year:  ammonia has increased over 210%; liquid nitrogen has increased over 159%; urea is up 155%; MAP has increased 125%; DAP is up over 100%, and potash has risen above 134%. This does not include the growing cost of transportation.

Due to growing global demand, the US exports 44% of all fertilizer materials made domestically. Six specific crops generate two-thirds of fertilizer demand: corn (16%), wheat (15%), rice (14%), vegetables (9%), fruits (7%), and soybeans (5%). In the US, corn requires 49% of all fertilizer, with wheat accounting for 11% and soybeans 10%.

The American Farm Bureau Federation expects demand and prices to remain high into the spring season. As a result, farmers are increasingly shifting to crops that require less fertilization. The prices for these nutrients are so high that many farmers will be lucky to break even on costs. As always, these costs will be passed on to the consumer. Expect foods, especially those requiring a higher level of fertilization, to go up in the new year.

Olduvai IV: Courage
In progress...

Olduvai II: Exodus
Click on image to purchase

Click on image to purchase @ FriesenPress