Agriculture Sector

[behappyalways]

Fertilizer Is Out Of Control" - US Farmers Ditch Corn For Soy To Save On Costs
https://www.zerohedge.com/commodities/f ... save-costs

[winston]

Food Inflation

The U.N. Food and Agricultural Organization has expressed concern that the war will disrupt Ukraine’s spring harvest and planting season, with consequences for global grain supplies beyond the coming few months.

Rising costs for importing food and fuel will affect household as well as national budgets already stressed by the COVID-19 pandemic.

The military conflict has largely cut off Ukraine’s access to its Black Sea ports, and the Ukrainian government banned grain and other food exports in early March to ensure domestic supplies.

The country’s limited rail capacity to export overland has been further impaired by the demands of war mobilization.

The fighting threatens to interfere with Ukraine’s spring planting season, impacting the labor and resources available for food production over the medium term.

For Russia, heavy and comprehensive financial and trade sanctions have disrupted its ability to export and import.

And the Ukraine war erupted at a time when food prices were already climbing as a result of rising energy, and thus fertilizer and feedstock, costs.

Source: Responsible Statecraft

[behappyalways]

Europe To Cap Potash Imports As Planting Season Begins
https://www.zerohedge.com/commodities/e ... son-begins

[behappyalways]

Poop-Boom: Manure Supplies Tighten As Fertilizer Prices Soar
https://www.zerohedge.com/commodities/p ... rices-soar

[winston]

Fertilisers

Producers of fertilisers, seeds and chemicals, stand to gain when there’s a shortage of food, said Mathieu Racheter, the head of equity strategy at Julius Baer.

Russ Mould, the investment director of AJ Bell, is watching to see if shares in Mosaic Co, CF Industries Holdings Inc and K+S AG will retrace a drop should food prices remain high.

Source: Bloomberg

https://www.theedgemarkets.com/article/ ... tectionism

[winston]

Global food shock will last years, says S&P Global

by Surin Murugiah

Fertilizer shortages, export controls, disrupted global trade and escalating fuel and transport costs, will all exert upward pressure on the cost of staples.

Central Asia, the Middle East, Africa and the Caucasus could be worst hit by the first-round impact.

Caucasus nations Tajikistan, Uzbekistan and Armenia, look particularly exposed through their almost complete reliance on Russia for these key food commodities.

Arab states Morocco, Lebanon, Egypt and Jordan, each rely nontrivially on Ukraine for their food supply.

Ukraine and Russia, both or individually, rank among the top three global exporters of wheat, maize, rapeseed, sunflower seeds, and sunflower oil.

Russia and Belarus were the first- and sixth-largest exporters of fertilizers globally in 2020.

Source: theedgemarkets.com


https://www.theedgemarkets.com/article/ ... -sp-global

[behappyalways]

Fertilizer Giant Yara Slashes European Output As Energy Crisis Worsens
https://www.zerohedge.com/commodities/f ... is-worsens

[behappyalways]

The War Destroyed the European Granary, Ukrainian Farmlands Are Covered with Landmines

戰爭毀了歐洲糧倉 烏克蘭農田布滿地雷 TVBS文茜的世界周報 20230429

https://m.youtube.com/watch?v=zVfFEfcK838

[behappyalways]

Mania Hits Used Farm Equipment Market As Combine Prices Hit Record
https://www.zerohedge.com/markets/mania ... hit-record

[winston]

Vietnam: Fertiliser prices fall, firms to expand exports

The prices of fertilisers fell sharply in the first six months of the year, especially urea fertilisers due to the price of input materials such as gas and coal for production falling.

In addition, China has no longer restricted the export of 29 types of fertilisers. This move has greatly increased the supply of fertiliser on the world market, putting downward pressure on prices to promote consumption.

Accordingly, the prices of all kinds of fertilisers have gone down by 60% to 65% compared to the beginning of last year and tend to be stable at the current low level.

Source: Vietnam News

https://www.thestar.com.my/business/bus ... nd-exports