Articles Tagged with ''potash''

Fertilizer prices were already soaring due to weather and supply chain shocks exacerbated by the COVID pandemic before Russia invaded Ukraine in February, leading USDA to announce a $250 million investment in new U.S. production capacity. The question is how much impact that funding can have.

The Canadian Pacific Railway, an essential factor in delivering potash to the market in the U.S. and ports for shipment around the globe, will resume operation Tuesday after a deal was reached with striking union members.

The Canadian Pacific Railway – a key transportation route for fertilizer delivery to the U.S., Brazil and elsewhere - has shut down amid stalled labor negotiations between the railroad and the Teamsters Rail Conference Canada union.

The Canadian Pacific Railway, which plays a vital role in getting potash fertilizer to U.S. farmers, says it will lock out employees Sunday if an agreement isn’t reached with union leaders who have threatened to go on strike.

The Russian government's decision to suspend fertilizer exports will threaten supplies for farmers in the European Union, South America and Africa while eventually pushing up prices that U.S. farmers must pay, according to analysts.

The cost of fertilizer exploded in 2021 and farmers across the country are going to be hit even harder in 2022, according to a new study by Texas A&M University’s Agricultural and Food Policy Center.

A handful of GOP members of the Senate Ag Committee are asking the Biden administration to list a pair of key agricultural inputs as critical minerals.

The Biden administration is still planning to hit exports of potash fertilizer from Belarus with sanctions, but it won’t do so until the end of April. That will give farmers time to stock up on the input, according to the National Corn Growers Association.

Farmers are being hit from all sides with increased production costs, but two of the expenses responsible for the most volatility and uncertainty are fertilizers and pesticides.