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 If nitrogen is withdrawn from field use, grain yields drop by 43 percent in just the first year.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: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
