Sarah Favoretto Bertola is Syngenta’s new “Latam seeds transformation lead<\/b>“. (Syngenta)<\/p>\n
Demand for fertilizers should grow 4% in 2023 compared to the previous year, reaching 44.5 million tonnes. “This increase will be driven by the decrease in international prices of inputs, after the crisis caused by the war between Ukraine and Russia in 2021”, highlights F\u00e1bio Pizzamiglio, director of Efficienza, a company specialized in foreign trade. To meet the demand,\u00a0Brazil depends on imports from countries like China, Morocco, Russia, Canada, and the USA<\/b>. (Efficienza)<\/p>\n
Fertilizer imports reached US$ 934.9 million in February,<\/b>\u00a0with a daily average of US$ 51.940 million. Total imported quantity reached 2.104 million tonnes, with an average of 116.891 thousand tonnes. Average price per tonne was US$ 444.30. Decrease of 39.2% in the average daily import value compared to February 2022, with a 24.2% loss in the average daily imported quantity and a 19.7% devaluation in the average price. (Secretariat of Foreign Trade)<\/p>\n
Galvani reached record production of phosphate concentrate in January, with 24 thousand tonnes. Company is investing US$ 38.65 million to double its production in Lu\u00eds Eduardo Magalh\u00e3es, State of Bahia,\u00a0going from 600 thousand tonnes of fertilizers to 1.2 million tonnes\/year<\/b>. (Galvani Fertilizantes)<\/p>\n
In the last month foreseen by EuroChem for the\u00a0auction for the public offer for the acquisition of shares (OPA) of Fertilizantes Heringer<\/b>, a group of 100 minority shareholders reinforced their position against the offer of US$ 3.67 per share plus inflationary adjustments. The group claims to own 10% of the company’s share capital and one-third of the outstanding shares, and claims that it will not sell the stakes under current conditions. The LK Advogados office was hired to question \u201cpossible irregularities carried out by the management appointed by EuroChem, as well as defects and incomplete information in the formulation of the appraisal reports for the tender offer proposal for Fertilizantes Heringer\u201d. (LK Advogados; EuroChem)<\/p>\n
62% of the estimated volume of fertilizers for the first half of 2023 has already been sold, 21% more than in the same period of 2022.\u00a0Decrease in fertilizer prices in recent months<\/b>\u00a0has led to an acceleration in purchases of inputs by Brazilian farmers. (StoneX Consulting)<\/p>\n
\n
Value of imports of chemical fertilizers from Latin America and the Caribbean increased by 137% in 2022. 15 of the 18 countries in the region showed\u00a0decreases in the volume of fertilizers imported<\/b>\u00a0between June 2021 and June 2022. Most countries showed a 15% drop in imported quantity, but increases\u00a0of between 100 and 155% in import values in US$\/tonne. (IICA)<\/p>\n Government of Argentina<\/strong>\u00a0inaugurated\u00a0the National Observatory of Agricultural Inputs, with the aim of\u00a0streamlining the import of fertilizers<\/b>\u00a0and other critical inputs for the agricultural sector. (Ministry of Agriculture)<\/p>\n Seized in Ecuador<\/strong> shipment of 22 tonnes of fertilizers bound for the Netherlands.\u00a0Product was mixed with cocaine.<\/b>\u00a0(National Police of Ecuador)<\/p>\n Ministry of Agrarian Development and Irrigation of Peru<\/strong> announced the beginning of the payment of Fertiabono II,\u00a0an economic subsidy for small farmers to purchase fertilizers<\/b>. Measure should benefit up to 173,000 farmers with properties of up to five hectares, and could reach US$ 623 per farmer. (Midagri)<\/p>\n<\/div>\n![\"\"](\"https:\/\/agribrasilis.com\/wp-content\/uploads\/2021\/09\/WhatsApp-Image-2021-09-03-at-12.03.41-PM.jpeg\")
<\/span><\/p>\n
\nLatin America<\/h3>\n
![\"\"](\"https:\/\/agribrasilis.com\/wp-content\/uploads\/2021\/01\/high_chem.png\")
<\/p>\n