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Wheat Prints a Sixty-One-Year Low and the Market Shrugs
Winter wheat down 25%, smallest U.S. crop since 1965, Hard Red Winter production cratering… and July futures gave back the spring rally, trading like abundance is coming. The shortage is real—the bid isn't…
Cartel Charges Under Subpoena: FTC Opens Fire on Fertilizer
Federal regulators issued compulsory process targeting Mosaic, Nutrien, CF Industries and Koch as urea jumped 55% and farm bankruptcies doubled.
Planting on Credit: Brazil Buys Phosphate at $1,000
Hormuz closure drives Brazilian soybean costs to crisis as CFR phosphate hits four figures and growers need 29 sacks just to buy one tonne.
American Rice Farmers Plant 17% Less Facing $700 Urea
USDA projects U.S. rice output down 15% as fertilizer costs double and Asian growers cut acreage. July futures hit 9-month highs.
New Delhi Paid $930 for What Cost $668 in February
India's record DAP tender just reset global phosphate economics. Farmers worldwide are about to feel it.
When 1.35 Million Tons Means You're Out of Options
India just paid $930/ton for phosphate fertilizer—40% above February levels—and bought double what it planned. That's not demand. That's panic.
Seventy Percent Can't Afford Inputs
The largest crop-switching decision in a generation is happening right now, driven by farmers who can't pay for phosphate.
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