Km38 Aba Port Harcourt Express Way, ; Port Harcourt, Nigeria
234 82 227976
Crude oil, fertilizer, fuel oil
In Smart Enterprise
Trading Company, Agent
Lot 41, Bandar Darulaman, Jitra, Kedah Darulaman, Malaysia
D2 Diesel, Fertilizer
82/161 Songbrapa Road, Seegan, Bangkok, Thailand
Gas oil, d2, rice, fertilizer, sugar
Tadaruk Global Corporation
Po Box 118454, ; Jeddah, Western Region, Saudi Arabia
966 50 3355159
Crude Oil, Refined Products, Petrochemicals, Chemical, Lubricants, Polymer Resin, Solvents, Coke, Coal, Fertilizer
Srimadhi Polymers
No.1140 West End Colony Anna Nagar West Extn Chennai - 50, Chennai, Tamil Nadu, India
Coconut shell charcoal, fertilizer

High Fertilizer Costs Likely to Extend into Spring Planting

Wed, 01 Dec 2021 10:24:00

Despite price trends, soybean acres not expected to surpass corn in 2022

DENVER, Dec. 01, 2021 (GLOBE NEWSWIRE) -- A dramatic rise in fertilizer prices is weighing heavily on U.S. crop farmers and input suppliers as they prepare for the 2022 planting season. Prices for nitrogen-based fertilizers commonly used for corn production have skyrocketed to all-time highs in recent months. Fertilizer price increases are being driven by nitrogen production challenges, tight global supplies, rising natural gas costs and steady demand.

According to a new report from CoBank’s Knowledge Exchange, fertilizer prices are expected to remain elevated for at least the next six months and throughout the 2022 spring agronomy season. The report also suggests that while U.S. soybean acres will rise nominally compared to 2021 as a result of higher fertilizer prices, the total volume of soybean acres will not exceed corn acres in 2022.

“The sharp rise in fertilizer prices has fueled speculation about a major acreage shift away from corn,” said Kenneth Scott Zuckerberg, lead grain and farm supply economist with CoBank. “We don’t see that happening in 2022. The current price ratio of soybeans to corn shows that soybean prices remain weak compared to corn. And demand for corn among U.S. ethanol producers is expected to remain strong given the current high fuel prices and record blending margins.”

Larger acreage shifts from corn to soybeans are likely in the longer term, however, as production of biofuels such as renewable diesel lean more towards soybeans versus corn, Zuckerberg added.

U.S. crop farmers and farm supply cooperatives are facing operational anxiety heading into 2022, driven by high fuel prices, shortages of agrochemicals due to COVID-related disruptions and, most importantly, the parabolic rise in fertilizer prices.

To put the rise in fertilizer prices into perspective, the benchmark Green Markets North American Fertilizer Index has risen by 265% since May 2020 and there is little reason to expect it to reverse any time soon.

Several factors have played a role in exacerbating the supply-demand imbalance for fertilizers. Higher natural gas prices due to production shocks in China and England have been a major factor. A temporary shutdown of CF Industries’ Donaldson fertilizer facility in Louisiana—the world’s largest nitrogen operation—contributed to supply challenges, as did fertilizer export restrictions by China and Russia.

Farm supply cooperatives appear to be managing risk much more effectively today compared to 2008-09, when a sudden drop in fertilizer prices forced some cooperatives to write down fertilizer inventory.

During the fertilizer spike of 2008, several U.S. cooperatives that had built and held sizeable inventories faced large negative valuation adjustments and inventory write-downs once fertilizer prices pulled back to average levels. Given today’s market dynamics, few cooperatives are attempting to capture a carry in fertilizer markets and most retailers more actively manage risk by contracting with farmers at specific price terms depending on wholesale fertilizer costs.

Read the report, Fertilizer Inflation Likely to Persist into Spring Planting.

About CoBank

CoBank is a $155 billion cooperative bank serving vital industries across rural America. The bank provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers in all 50 states. The bank also provides wholesale loans and other financial services to affiliated Farm Credit associations serving more than 75,000 farmers, ranchers and other rural borrowers in 23 states around the country.

CoBank is a member of the Farm Credit System, a nationwide network of banks and retail lending associations chartered to support the borrowing needs of U.S. agriculture, rural infrastructure and rural communities. Headquartered outside Denver, Colorado, CoBank serves customers from regional banking centers across the U.S. and maintains an international representative office in Singapore.

CONTACT: Corporate Communications CoBank 800-542-8072
Burapa Siam Company Limited
Trading Company
223/274 Chaengwattana Road, Pakred, Pakred , Nonthabuti, Thailand
Urea, fertilizer, high speed diesel and urea n 46%, crude oil
Ninth Inc
Manufacturer, Trading Company, Agent, Distributor/Wholesaler
A-22 Plaza Pantai Business Center, Kuala Lumpur, Kuala Lumpur, Malaysia
Elite Jatropha Seeds (High Yield) , Crude Jatropha Oils, High Yield Organic Supplements / Fertilizer, Herbal Misai Kuching / Orthosiphon Stamieus Export, Hi Yield Paddy Soil Solution & Germinator, Property-Commercial / Residential
52/57 Grand Luang Suan Road, ; Bangkok, Thailand
66 1 4220110
Fertilizer, crude oil
Branch of DMC in Ha Noi
Trading Company
No 7 Lo2 Ngo 217 De La Thanh-Dong Da District, Ha Noi, Vietnam
Chemical, Fertilizer, Caco3
1105 Zhongxia Mansion No.101 Zhonghua North Rd Guiyang 550002 Guizhou China, ; GUIYANG, Guizhou, China (Mainland)
86 851 6831851
D-90, Market Yard, Latur, Maharashtra, India
91-2382-245210, 257707
Toplink Inc
2400 Nevada Avenue South #222, ; St Louis Park, Minnesota, United States
1 952 5450988
Chemical products, fertilizer,
Fauna point enterprise
No 30, Taman Tanjung Minyak, Malacca , Malacca, Malaysia
12th Floor, Block B, Architect Business Center, No 47, Dong Feng East Road,, ; Kunming, Yunnan, China (Mainland)
86 871 3177411, 3133696
Phosphoric acid, yellow phosphorus, sodium tripolyphosphate, dicalcium phosphate, fertilizer, monammonium phosphate, diammonium phosphate
Sylvan Chemicals
40 / 1, a Road, Bamungachi, Salkia, Howrah, West Bengal, India
Agrochemicals, Chemicals, Fertilizer
Galaxy Trade
Trading Company
Road # 32, House # 491, Dhaka, Bangladesh
880-2--8856561, 8856562
Chemicals, Machinery, Fertilizer
Kstp- Kilometer 12, Ghoochan Highway(P. O. Box : 91735 -139), ; Mashad, Khorasan, Iran (Islamic Republic of)
98 511 5003126
Fertilizer, pesticide
Agrichemand Tools Ltd.
Kijabe Street, Nairobi, Kenya
The Fertilisers and Chemicals
Corporation/Limited Liability Company
Udyogamandal, Kerala, Cochin, Kerala, India
166 Retro Blvd, Syracruse, California, United States
Tea, Plant, Nut, Grain, Fruit, Flower, Fertilizer, Cigarette, Soil, Crop, Seed, Livestock, Farm, Poultry, Forest, Garden, Pesticides, Vegetable, Animal, Feed
prithvi exports
Trading Company
a3/29,vrindavan,dongre park, mumbai, Maharashtra, India
Nikurdanov and partners
# 103,20 Ordjonikidze, Yakutsk, Republic Of Sakha, Russian Federation
Brokerage, intermediary service, general trade agents, crude oil, fertilizer
Corporation/Limited Liability Company
Prokimal 127-Nguling, , Pasuruan, Propinsi Jawa Timur, Indonesia
Fertilizer, NPK Fertilizer, Agriculture, Phosphate, Urea,
Datta Brothers
Trading Company
17/9 Sonargaon Road, 2nd Floor, Hatirpool, ; Dhaka, Bangladesh
880 2 9661863, 9675350
Grain, Oil Seeds, fertilizer, Scrap and virgin metals
Inter Impex Germany
Trading Company
Germaniastr., ; Munich, Bavaria, Germany
49 174 5458243
Fertilizer, Bio-technology, Crude Oil, Fuel Oil
Sidi Bibi, ; Agadir, Morocco, Morocco
212 74243442
Fungicide, fertilizer
274 Olubowale Crescent, Amuwo Odofin, Lagos, ; Lagos, Lagos, Nigeria
234 01 3454353
Fertilizer, grain
Sap Chemicals
Trading Company
Forest Park, ; Bhubaneswar, Orissa, India
+91 674 5534910
Fertilizer, fungicide, chemical additives, auxiliary, chemicals agents
Marco Minuti Trading Company Srl
Trading Company
Strada Comunale Di Sassi 7, ; torino, italia, Italy
39 011 8991489
Loan guarantee, scraps, petroleum products, agriculture commodities, fertilizer,
Modern International Trading Resources
Trading Company
P. O Box 8375, ; Amman, Jordan
962 6 5670278
Inorganic salt, fertilizer
Orbit Associates And Enterprises
Fb Area Block 12, ; Karachi, Pakistan, Pakistan
0092 21 6369815
Paraffin, Lubricant, Fertilizer
Sree Murugaa Exports
174 Langarkana Street No.1, ; Coimbatore, Tamil Nadu, India
91 422 2472616
Inorganic salt, fertilizer
Rashi International
Trading Company
A/2, Girdhar Nagar, Jivdaya Lane, Ghatkopar(West), ; Mumbai, Maharashtra, India
91 22 55775840
Pharmaceutical chemicals, inorganic salt, fertilizer
Quality Link Co.,Ltd.
27/31 Pradipat 10 Str. Samsennai. Payatai, ; Bangkok, Thailand
66 2 7193307
Fertilizer, agriculture products processing
797-1, Woogye-ri, Sangdong-myun, ; Gimhae, Gyeongsangnam-do, South Korea
82 55 3295323
Anti caking, fertilizer
al-hofuf stars treading est.
Almazer Street Olay AL Mazear Tower No 23 Office No 8, ; Riyadh, Saudi Arabia
966 1 4620931
Fertilizer, Nuts & Kernels
7 avenue, ; London, Venezuela
40 23 0192837465
Urea, fertilizer, fuel oil. Gasoline, diesel, crude oil
mili import & export sevices
Trading Company
Rue Sidi Abdessalem 5020, ; Jemmel, Monastir, Tunisia
216 73 486060
Crude oil, fertilizer, leather products, fashionable clothes
Reactivos Mineros Sac
Av Tomas Marsano 2813 Of 702, ; Lima, Peru, Peru
51 1 2716500 ext 123
Fertilizer, mag oxide, copper sulphate, iron sulphate hepta, manganese sulphate mono, zinc sulphate hepta, ferro sulphate hepta,
cyderkon pvt ltd
Trading Company
5 Macilwane Cres Belverder, ; Harare, Zimbabwe, Zimbabwe
263 91 810011
Brokerage, intermediary service, crude oil, fertilizer
FZ Import Export Inc.
Trading Company
28-30 Plaridel, ; Cebu, Cebu, Philippines
63 32 4121878
Agricultural products, food, Fertilizer, Plastic resin and kraft paper
Kuplak Limited
Trading Company
P O Box 23085, ; Kitwe, Copperbelt, Zambia
260 2 229453
Industrial chemicals, fertilizer, edible oils, detergents, heavy equipment, spares
P.O. Box 29, 156 Second Street, ; Perth Amboy, New Jersey, United States
1 732 4426990
Used process plants, processing lines and quality equipment in the chemical, pharmaceutical, polymer, fertilizer, food, petro-chemical industries.
Tamasha(Uk) Ltd
Trading Company
131 Widmore Road, ; London, London, United Kingdom
44 20 84021420
Fertilizer, Urea, Prilled N46Jute Hessian Scrim Cloth
Trading Company
12b 2nd Floor, Jl Tun Dr Awang, Bayan Baru, Penang, P. Penang, Malaysia
Agricultural Products, Auto Parts, Fertilizer, Business Services, Brokerage, Palm Oil By Products
Panatron Infotech Systems
E-307, Crystal Plaza, New Link Rd, Andheri-w, Mumbai, Maharashtra, India
Laptops, Fertilizer
Ben. Dickson Investment
515 New Road, Accra, Accra-North, Ghana
Fertilizer, Medical Equipment, Mattress, Condoms, HIV Test Kits, Stationeries, Computer, Laptop, Fishing Equipment, Knapsack Sprayer, First Aids Kits, Towels, Microscope, Survey Equipments
Futian, ; Shenzhen, Guangdong, China (Mainland)
0086 0755 82992353
Insecticides, fertilizer, computer, electronic instrument
P&P-Bridge Limited
72 Queens Drive, ; Lower Hutt, Wellington, New Zealand
64 4 939 7291
Computer & software agents, fertilizer
Primatech CV
Trading Company
Jalan Dempo Luar 410 F-G, ; Palembang, Propinsi Sumatera Selatan, Indonesia
62 711 351767
Computer, agriculture products, fertilizer
TransWorld Trade Network
Mailbox 18653, Hillbrow 2038,, ; Johannesburg,, Gauteng - South Africa., South Africa
27 012 3212470
Fertilizer, grain
20, Balakrishna Street, West Mambalam, Chennai, Tamil Nadu, India
Sugar, Cement, Fertilizer
tirai minda sdn bhd
No. 16a, Medan Istana 5, Bndr Ipoh Raya, Ipoh, Perak, Taiwan
Urea N46, Fertilizer, Diesel, Sand
Trading Company
1 Kowloon, ; Hong Kong
852 8125 2556
Doors & windows, fertilizer
Baobab Consultancies Ltd
Oloirokitok Road, Nairobi, Kenya
Cement, fertilizer
Magna Formillion Sdn Bhd
Trading Company
No.10 Jalan Kebudayaan 1a, Taman Universiti, ; Johor Bahru, Malaysia, Malaysia
60 7 5214643
Fertilizer, cement & sand, brokerage, intermediary service
HAZAR International Company
Trading Company
Olyaa, Riyadh, Saudi Arabia, Riyadh, Saudi Arabia
Fertilizer, Desalination Plants, Airports, Strategic And Security Shelters, Life-Cycle Operations And Maintenance Support Services, Health Care Services And Supplies
21 Majekodunmi Rd, Victoria Island, Lagos, Nigeria
Fertilizer, seeds, oil
Nr. 5 Beijing West Road
0086-25-83326139 ,83326945
Agro-chemical, fertilizer, footwear/costumes/toys, bedding sets, building materials, indoor stone-decorations, gravestones, stone handicrafts
65 New Bond Street, London, London, United Kingdom
Urea, fertilizer
3, Ave Th. Weber, Geneva, Geneva, Switzerland
Cement, Sugar, Fertilizer
Trading Company
576 Port Saied Str. , Cairo, Cairo, Egypt
Fertilizer, Auto Accessories, Hand Tools
Avirason Exports
Trading Company
B-36 / 201, Vikas Nagar, Ludhiana, Punjab, India
Federation Consulting
Trading Company
Kungsholmsgatan 10, ; Stockholm, Sweden
46 8 6505340
Solid wooden floors, bricks, cement, fertilizer, spades, mosaic flooring, parquet flooring, plywood
Kha Le Ltd
Trading Company, Distributor/Wholesaler
263 / 16 Nguyen Hong Dao-Ward 14-Tan Binh District, Ho Chi Minh, Vietnam
Sand, Argiculture, Fertilizer, Cement,
PT. Mega Eltra
Corporation/Limited Liability Company
Jl. Menteng Raya No. 27, Jakarta, Jakarta Raya, Indonesia
Fertilizer, Heavy Duty Coating, Cement, Melamine, Herbicida
Kazazot LLC
Corporation/Limited Liability Company
Kazybek Bi 119, Almaty, Kazakhstan
1974 / 35 Soi Ramkhamhaeng 10, Huamark, Bangkapi, Bangkok, Thailand
Limestone, Lime, Fly Ash, Limestone Dust, Lime Dust, Ash, Dust, Calcium Carbonate, Concrete, Brick, Caco3, Mortar, Drugs, Cosmetic, Weber, Cement, Water Treatment, Strength, Fertilizer, Psi.
Globimpex Ltda
Trading Company
Av Nossa Senhora Da Penha 1495, Bt1105 Santa Lucia, ; Vitoria, ES, Brazil
55 27 3235 9174
Urea, titanium dioxide, fertilizer, limestone
sardar enterprises
193/1 Khayabane Hilal Phase 6 Defence Housing Athority Karachi, Pakistan, Karachi, Sind, Pakistan
Trading Company
Kien Thiet Street, Viet Tri, Phu Tho, Vietnam
Fertilizer, cashew nuts, furnitures
J. R. Sondhi&Co.,
Trading Company
Cement House Mandi Road Central Town, ; Phagwara, Punjab, India
91 1824 260273
Grey and white cement, roofing sheets, fertilizer, coir products, wall and flooring tiles
Atlas Import Export LLC
LLC (Ltd Liability Corp)
8259 Berkshire Dr, Ypsilanti, Michigan, United States
Cement, Fertilizer, Petroleum Chemical, Clincker, Glycerin
Crown Global Import Export solutions
Individual (Sole proprietorship)
5002 N 66th St. , Milwaukee, Wi, United States
Fertilizer, Cement, Crude Oil, Jet Fuel, D2
Al-Forsan Organization
Birka,, Benghazi, Libyan Arab Jamahiriya
Cement & Sand, Fertilizer
Trading Company
Po Box 261663 Jebel Ali Free Zone, Dubai, United Arab Emirates, United Arab Emirates
Cement, Fertilizer
Teatralnaya Square,6, Office 74-75, Chernivtsi, Ukraine, Ukraine
Fertilizer, cement & sand
1232 Bowers Road, Green Pond, South Carolina, United States
1-843 -909-2298
Cement, Fertilizer, Gloves, Automotive Belts, Wheel Rims
157-5, Anjung-ri, Paengsung-eup, Pyungtaek, Gyeonggi-do, South Korea
Fertilizer, building materials, steel and iron
9163/2 Sok. No:10 D:4 Yesilyurt, ; Izmir, Turkey
90 533 5768164
Cement, iron ore, fertilizer
Shelanda Pacifc ImEx
Trading Company
115 B Maplesden Dr, ; Manurewa, Auckland, New Zealand
64 9 2694359
Crude oil, fertilizer, urea n46 portland cement, brazillian sugar
Spindletop Industries, INC.
Trading Company
10125 Quail Run R., ; Tyler, Texas, United States
001 903 526-4770
Fertilizer, organic fertilizer, soil, secondary fertilizer, crude oil, fuel oil, cement, large real estate developments
Top Challenge General Trading
Trading Company
P. O. Box 93056, ; Dubai, United Arab Emirates
971 4 2868553
Fertilizer, cement & sand
Slavyane Canada Inc
Trading Company
115 A Principale, ; St Benoit Labre, Quebec, Canada
1 418 227 2077
Oil, chemical, fertilizer, wood, etc.
Corporation/Limited Liability Company
4940 Shallow Ridge Rd, Kennesaw, Ga, United States
Energy, Business Services, Financial, Fertilizer
Ashaar Company For International Products Ltd.
Trading Company
Almansour Trading Center, ; Amman, Swayfiya, Jordan
962 6 5863581
Fertilizer, diesel generators
G. A. General Trading Company Ltd
Trading Company
Aluminium Tower,5th Floor,2 Limassol Road, P. O. Box 1036, Nicosia, Greece
Cable, wire, fertilizer, solar system
Ahmed Tannaf Trading(L. L. C)
Trading Company
Sabkha Road, Deira, Dubai, UAE, ; Dubai, United Arab Emirates
971 4 2269919
Detergent, fertilizer, alkali
China Partners Worldwide
Trading Company
12/F, Fortis Bank, Tower 77, Gloucester Road, ; Hong Kong
852 22586646
Fertilizer, food additives
Trading Company
PO:19150, ; Kathmandu, Nepal
977 1 4242863
Electronic component, fertilizer
LZVK Company
Trading Company
Tcheluskintsev, Lugansk, Lugansk, Ukraine
Coal, fertilizer
PT Bumi Mitra Persada
Jl Sumatra A4 Wisma Indah I Ulak Karang, Padang, Sumatera Barat, Indonesia
Steaming coal, palm kernel shell, fertilizer
Trading Company
P.O. Box 21977, Riyadh, Saudi Arabia
SMAH Limited
Trading Company
138 Gulshan Avenue, ; Dhaka, Bangladesh
880 02 8812774
Natural gas, coal, fertilizer
Pacific Rim Import Export LLC
LLC (Ltd Liability Corp)
70 Fairway Loop, Eugne, Oregon, United States
Lumber, Plywood, Fertilizer, Wood Chips
No.60 Ground Floor, Medan Jaya Commercial Centre, P. O. Box 2714, ; Bintulu, Sarawak, Malaysia
60 86 337345
Fertilizer, garden&landscaping, building coating
Trading Company, Buying Office, Agent, Business Service (Transportation, finance, travel, Ads, etc)
1901-02, Level 19, Hong Kong Trade Centre, 161-167 Des Voeux Road, , Hong Kong
Portland Cement, Clinker, Coal, Fertilizer, Bulk Commodities, Real Estate Investments, Financial Investments
4594 US Highway 319 South, Tifton, Georgia, United States
Biofuels, fertilizer, feedstock
Paratus Sdn Bhd
Trading Company
85-1a, Jalan Radin Tengah, Sri Petaling, Kuala Lumpur, Malaysia
Petroleum, Crude Oil, Urea, Cooking Oils, Palm Oil, Fertilizer, Fund, Invest
World Business Consulting
Trading Company
8620 Davenport St Ne, Minneapolis, Minnesota, United States
Fertilizer, Coal