After a couple of years of high fertilizer prices, farmers across the
world decreased their use of phosphorus fertilizer. With lower prices in 2023,
the outlook for the nutrient in 2024 is the continuing recovery in usage.
However, some challenges loom on the horizon for the global phosphorus
=^Global Fertilizer Outlook - 2
A bipartisan group of senators on Wednesday raised questions about how
USDA came up with its progressive payment factor for the Emergency Relief
Program (ERP) for 2022 disaster losses. Another group of Republican senators
asked the Government Accountability Office to investigate.
7^Bipartisan Complaints Grow Over ERP
Nineteen House members from different committees testified Wednesday in a
Member Day hearing that allowed lawmakers to testify on some of their
agricultural and nutrition priorities. Several of them also offered their
support for House Ag Chairman Glenn Thompson who announced he was diagnosed
with prostate cancer.
:^House Members Pitch Farm Bill Ideas
Retail fertilizer prices were evenly mixed during the fourth week of
November 2023 with prices for four of the eight major fertilizers slightly
lower and prices for the other four slightly higher than last month. UAN28
again led fertilizer prices lower, down 5% from last month with an average
price of $341 per ton.
BDTN Retail Fertilizer Trends
Soaked fields lead to slow planting and a cut in winter grain acreage for
1^Ag Weather Forum