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11 Feb 2022
By Logan Garcia, Market Reporter - Fertecon, Agribusiness Intelligence, IHS Markit The following is a recap of fertilizer price trends and market developments for the month of January. AMMONIA Domestic: January, unsurprisingly, proved to be a slow month for any activity related to anhydrous ammonia in the U.S. Applications had been winding down wit...
10 Feb 2022
The influence of La Nina on the weather conditions in South America this crop season cannot be overstated. But this recent La Nina event has not been a particularly strong one. As far as La Nina conditions go, its peak of minus 1.1 degrees Celsius (minus 1.9 degrees Fahrenheit) from the climatological average in December rates it as just a moderate...
10 Feb 2022
LINCOLN, Neb. (DTN) -- A Minnesota farmer who pleaded guilty to making false statements to the Federal Crop Insurance Corp. is scheduled to be sentenced next month, according to court documents filed in the U.S. District Court of the District of Minnesota. The U.S. Department of Justice agreed to not seek the maximum sentence against northwest Minn...
10 Feb 2022
LINCOLN, Neb. (DTN) -- A startup company developing technology that allows diesel trucks to run on straight renewable fuels such as ethanol announced this week it had successfully completed an on-road demonstration of the technology. ClearFlame Engine Technologies said in a news release the demonstration included installing its technology to a Clas...
9 Feb 2022
The February USDA Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports provided few surprises, as there were only minor changes to report, and, as expected, USDA was conservative in its reduction of South American soybean and corn crops. Following the reports' release, the markets seemed to revert to weather-watching o...