Agrinvest Commodities<\/a>)<\/p>\nDespite the decrease in prices,\u00a0fertilizer exchange ratio remains high<\/strong>. According to researcher Mauro Osaki, from the\u00a0Center for Advanced Studies on Applied Economics, in the case of soybean, the exchange ratio exceeds the historical average of the past\u00a0five years. \u201cThere was a drop of about 40% in potassium chloride in the first four months of this year, compared to the same period in 2022, and 34% in monoammonium phosphate… fungicides and insecticides, on the other hand, are more expensive, in\u00a0an average of 2% to 6%,\u201d said Osaki. In the first four months of 2022, farmers needed 35.87 bags of soybean to obtain a tonne of potassium chloride.\u00a0In 2023, 26.91 bags were needed. (Cepea)<\/p>\nMorro Verde plans to become the\u00a0first carbon neutral fertilizer company in Brazil<\/strong>\u00a0by 2025. According to Morro Verde, the company records\u00a0a carbon footprint that is 90% lower compared to others in the sector.\u00a0(Morro Verde)<\/p>\nViter, business unit of agricultural inputs from Votorantim Cimentos, announced an expansion of its commercial partnership with Morro Verde fertilizer company, aiming to\u00a0increase the production of agricultural limestone with high magnesium<\/strong>\u00a0content in the State of Minas Gerais. Partnership provides for the acquisition of equipment, improvements and expansion of storage and loading structures. \u201cWe are\u00a0achieving\u00a0two years of partnership with Morro Verde and we were able to confirm that farmers in the region need a product with high levels of magnesium…”, said Viter’s general manager, Marcelo Giuliano de Sousa.\u00a0(Viter; Morro Verde)<\/p>\nAcquisition of all shares of Feltrin Sementes by Syngenta was approved\u00a0<\/strong>by the Administrative Council for Economic Defense.\u00a0(Feltrin Seeds; Cade; Syngenta)<\/p>\nResumption of construction of the fertilizer factory in Tr\u00eas Lagoas, State of Mato Grosso do Sul, was postponed again.<\/strong>\u00a0It was expected that by April a solution for the\u00a0Nitrogen Fertilizer Unit III\u00a0would be announced by Petrobras, but the work remains without a forecast for resumption. Minister of Planning and Budget, Simone Tebet, said that answers about the completion of UFN3 will be announced only in the second half of 2023, and that Petrobras will need a change in its national plan so as not to hand over the factory to the private sector. \u201cI was the one who interrupted the last tender, because the notice did not state that the factory had to end up as a fertilizer factory. They [the Russian company Acron] could dismantle it and send all the equipment to Russia,\u201d said Tebet.\u00a0(Petrobras; Ministry of Planning and Budget)<\/p>\nFederal Highway Police in Xanxer\u00ea, State of Santa Catarina, seized\u00a0248 drums of 20 liters of pesticides<\/strong>\u00a0from Argentina, under the brands Paraquat Sigma and Campoquat 1. In the city of Franca, State of S\u00e3o Paulo, the\u00a0Military Police seized US$ 60.25 thousand in stolen machinery and pesticides.\u00a0(PRF; Military Police)<\/p>\nFospar announces expansion of the operational draft measures at the Port of Paranagu\u00e1, State of Paran\u00e1. The Port\u00a0is\u00a0the main entry for fertilizers in Brazil<\/strong>. With this investment, it\u00a0<\/strong>becomes capable of receiving ships with up to 77,000 tonnes of capacity.\u00a0(Fospar; Ports of Paran\u00e1)<\/p>\nBayer Crop Science’s first physical store in the world\u00a0<\/strong>was opened in Rio Verde, State of Goi\u00e1s. Company informs that this is an experimental project, still subject to evaluations. Bayer Brasil commercial leader,\u00a0Marcio Santos, said that there is a need for closer contact with the farmers.\u00a0(Bayer CropScience)<\/p>\nIncreased revenue of special fertilizers.<\/strong> In 2022, the value reached US$ 4.47 billion, an increase of 33.2% compared to 2021. Increases were\u00a0in all product categories: special mineral fertilizers (37%), organic fertilizers (25.5%), organominerals (22.7% ), conditioners (16.2%) and substrates (7.2%). Sales value was distributed between input resales (51.5%), cooperatives (10.1%) and farmers (38.5%). Biggest consuming States are: Minas Gerais (20.22%), S\u00e3o Paulo (16.4%), Mato Grosso (13.46%), Goi\u00e1s (10.86%) and Paran\u00e1 (9.39%). The\u00a0sector invested US$ 92.41 million in\u00a0research, development and innovation, in\u00a02022.\u00a0(Abisolo)<\/p>\nSTG Logistic, a Russian company in the fertilizer sector, plans to invest in the State of Tocantins.<\/strong> The representatives from the company and company and the Tocantins State government\u00a0held a meeting\u00a0to present the\u00a0plans and commercial activities. Meeting was held between the executives of the multinational and the secretary of the Industry, Commerce and Services Secretariat, Carlos Humberto Lima, and the president of the Tocantins State Mining Agency, Mauro Mota. STG Logistic mines phosphate in Syria. (STG Logistic; Sics; Ameto)<\/p>\n
\n![\"\"](\"https:\/\/agribrasilis.com\/wp-content\/uploads\/2021\/09\/WhatsApp-Image-2021-09-03-at-12.03.41-PM.jpeg\")
<\/p>\n
\n\n
\n
Latin America<\/h3>\n
Ministry of Agriculture announces the creation of\u00a0Argentina<\/strong>‘s Agriculture\u00a0Bioinputs Program, that will include\u00a0US$ 214,817\u00a0in investments to reduce imports of agrochemicals.<\/strong>\u00a0(Ministry of Agriculture; Senasa)<\/p>\nSayde Espinoza, operations supervisor of the Topolobambo Port System, in\u00a0Mexico<\/strong>, reported that in 2022, 480,843 tonnes of urea and 465,464 tonnes of other fertilizers were unloaded at the Port. In January of 2023, ocean freight on the China trade route was US$ 1,276\/container.\u00a0Freight value has dropped by 81.3%<\/strong>\u00a0since August of 2022. (Asipona; Eternity Group Mexico)<\/p>\nCentral Bank of\u00a0Argentina<\/strong>\u00a0announced measures to mitigate effects of drought and increase fertilizers imports.\u00a0A pre-financing system was approved, that\u00a0should allow financing of approximately US$ 3 billion.<\/strong>\u00a0“The system allows companies that act both as importers and exporters\u00a0to finance the purchase of inputs with their own suppliers or with international credit lines, from foreign or local banks”, according to the Central Bank.\u00a0(BCRA)<\/p>\nDuring the 1Q 2023, the prices of fertilizers in\u00a0Colombia<\/strong>\u00a0dropped by 4.8%. “International urea prices have been falling, because of the\u00a0slowdown of the economy, expectations of lower economic activity<\/strong>\u00a0and, in some cases, recession. This has\u00a0increased\u00a0local costs,” said Juan Camilo, an analyst at Corficolombiana.\u00a0(Corficolombiana)<\/p>\nNew liquid fertilizer factory from\u00a0Bunge Argentina S.A.<\/strong>\u00a0starts operations in the Port of Bah\u00eda Blanca, in\u00a0Argentina<\/strong>. Construction was concluded\u00a0at the end of March 2023. (Bunge Argentina S.A)<\/p>\nNequ\u00e9n S.A, that operates in\u00a0Puerto Quequ\u00e9n, in\u00a0Argentina<\/strong>, denounced the blockade carried out by the\u00a0Union of Commerce Workers, that happened in the logistics area of the Port. It\u00a0prevented fertilizer unloading operations from the ship\u00a0Montevid\u00e9u I.<\/strong>\u00a0(Nequ\u00e9n S.A)<\/p>\nGroup of environmentalists in\u00a0El Salvador\u00a0calls for a ban on glyphosate<\/strong>\u00a0in the country during protests against Monsanto. Protesters demand a reform of the country’s pesticide and fertilizer legislation. (Campa\u00f1a Az\u00facar Amarga)<\/p>\n<\/div>\n\n
\n
![\"\"](\"https:\/\/agribrasilis.com\/wp-content\/uploads\/2021\/01\/high_chem.png\")
<\/p>\n
\n<\/div>\n<\/div>\n
READ MORE:<\/p>\n