Farmers are expected to spend a record $23.1 billion on fertilizer, fuel, chemicals and seed this year as costs soar
Canadian grain producers will be spend more than ever to plant their crops this spring, says Canada’s largest farm lender. According to its 2023 Farm Input Market Outlook, Farm Credit Canada projects that Canadian farmers will spend a record $23.1 billion on fertilizer, fuel, chemical and seed this year, making the 2023 grain and oilseeds […] Read moreTag Archives inputs
Crop input shortage looms
One company takes steps to improve 2,4-D supply by manufacturing product in the United States instead of Europe
Canadian farmers should talk to their crop input retailers about their crop protection needs and contingency plans as soon as possible, says an industry official. “It looks like we’ll have another interesting year of surprises ahead,” said Cornie Thiessen, general manager of ADAMA Canada. The industry has been wrestling with supply chain issues ever since […] Read more
Giant inputs hub planned for Sask.
Farmers Business Network is expanding its footprint in Western Canada. The online crop input retailer has begun construction on a 198,000 sq. foot fulfilment facility in Saskatoon. Construction is scheduled to be completed in November 2022. “It’s the biggest facility in our network and I believe it’s the biggest in Canada,” said Breen Neeser, FBN’s […] Read more
U.S. requests probe into crop input prices
Crop input suppliers are under scrutiny in Canada and the United States for what some consider to be “monstrous” price hikes for their products. U.S. secretary of agriculture Tom Vilsack recently asked the Department of Justice to ensure that those hikes are valid and substantiated. “It’s important for us to ask questions about whether all […] Read more
Microbial catalysts get CFIA approval for wheat
As scientists around the globe intensify their quest to develop new soil microbes for enhanced crop production, a Minnesota company found its own path to manipulating these microscopic helpers. Agnition’s two main microbial catalysts are engineered to massage and enhance soil microbes already living in the soil, rather than introduce new biological agents. The two […] Read more
China helps fill fertilizer gap
Growers can thank China not only for bolstering crop prices but for keeping input costs in check, says a fertilizer analyst. David Asbridge, president of NPK Fertilizer Advisory Service, said urea prices could have been ugly last year if it wasn’t for the Asian powerhouse. Production curtailments in Ukraine and Egypt caused a dramatic reduction […] Read more
Fall good time to buy fertilizer
Farmers are better off buying fertilizer in fall or winter rather than waiting until spring 90 percent of the time, according to Alberta Agriculture. The department has tracked urea, ammonia and phosphate prices for the past 10 years. “There has only been one year, and that was in 2008, that spring prices were lower than […] Read more
Input inflation slows this year
Farmers should count on paying more for their two main crop inputs this year. “Agriculture Canada expects that fuel prices for farm machinery in Canada will increase by about three percent in 2012 compared to 2011,” said the department in its latest market outlook. That is on top of the estimated 25 percent increase in […] Read more
