If global grain markets are in turmoil, the fertilizer market is going to precipitate a crisis. The International Food Policy Research Institute held a conference on the topic today that detailed just how threatening the fertilizer situation is to global grain markets. If nitrogen is withdrawn from field use, grain yields drop by 43 percent in just the first year. The supplemental application of nutrients is credited with saving billions of people from starvation. Yet Laura Cross of the International Fertilizer Association (IFA) notes the confluence of five factors adversely impacting the market:
The demand for fertilizer has shot up concurrent with the increased need to grow food. The same supply chain disruptions affecting other indus...
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
Key Takeaways: On Friday afternoon, President Trump announced that Russia will “immediately supply over 300,000 Tons of Diesel Fuel” to the United States. The deal, typical of this administration, is light on details but promises an additional 500,000 tons in November and 1 m...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...
