A sharp decline in crop prices has created more distance between the world’s biggest grain traders and the global fertilizer industry to eliminate risk. Cargill
Tag: Brazil
Crude Oil Unlikely to Go Up Much This Year
Analysts generally do not expect oil prices to rally much this year as sluggish demand growth seems to be unable to deal with rising supply
OPEC Says Oil Output Highest in Three Years
OPEC increased its crude output more in November than in any month since late 2008 since it insisted on its policy to protect market share
China and India Lobbying for Potash Discounts
According to the chief executive of ICL Israel Chemicals Ltd, Stefan Borgas, China and India are trying to negotiate a discount on the price of
Yara Positive on Fertilizer Demand
The major Norwegian-based nitrogen company Yara said that low crops prices were “still supportive for fertilizer use and global fertilizer demand is growing”. Svein Tore
Brazil Got Its Own Fertilizer Information Service
Argus, the global energy and commodity price-reporting agency, has launched a weekly report and online service in Brazil called Argus FMB Fertilizer Brazil. The objective
Mosaic to Cut its Potash Output due to Weak Demand
Mosaic Co, the biggest US producer of potash fertilizer, announced it was planning to cut its production due to cheap crops, which continue to impact
Potash Market Forecast to Deteriorate Further
Potash prices have been declining for a number of years and observers agree that the situation is unlikely to improve anytime soon. In fact, the
OPEC to Focus on Long-Term Mega Investment Projects
OPEC leaders privately admit that the US oil industry’s high-tech flexibility is a competitive advantage that will enable the country to respond quickly to the
Iraq and Brazil to Revise Oil Production Targets Downward
Analysts expect that Brazil and Iraq will have to make major downward revisions to their oil production targets, which could in the end lead to