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20 Dec 2021
OMAHA (DTN) -- The countervailing duties on Moroccan and Russian phosphate exports Mosaic pushed for earlier 2021 are not the reasons farmers are now seeing significantly higher fertilizer prices, according to a Mosaic official. The real reasons for extremely high fertilizer prices include higher fertilizer demand, supply disruptions and increasing...
20 Dec 2021
CHICAGO, Ill. (DTN) -- While the most alarming tax changes were taken off the table as Congress continues to debate the "Build Back Better Act," farm tax experts worry those provisions may return in the future when Congress looks for ways to pay for all its economic and social programs. "They'll say Congress is not raising individual income tax rat...
17 Dec 2021
LINCOLN, Neb. (DTN) -- A federal judge in Denver declared a mistrial on Thursday after a jury failed to reach a verdict in a trial of 10 poultry company executives accused of allegedly conspiring to fix broiler prices and rigging bids. The criminal trial held in the U.S. District Court for the District of Colorado was the first after ongoing federa...
17 Dec 2021
OMAHA (DTN) -- A pair of Cabinet secretaries have written to the world's largest ocean carriers to demand they treat U.S. agricultural exports fairly at West Coast ports and "restore reciprocal treatment of imports and exports that is inherent in trade." Agriculture Secretary Tom Vilsack and Transportation Secretary Pete Buttigieg wrote the preside...
17 Dec 2021
OMAHA (DTN) -- The global potash (K) outlook features some major geopolitical issues. How quickly these matters can be solved, and if supply levels increase, will dictate if high fertilizer prices decline any in 2022. Similar to the phosphorus outlook depending heavily on what happens in China, the K prospect in 2022 is very reliant on what happens...