Price of imported fertilizers continues with a downward trend
Fertilizantes Heringer had a net loss of US$ 110.8 million in the 3Q, ended on September 30th, compared to US$ 19 million in 2021. According to the company, currently under
Minister of Foreign Affairs, Carlos França, requested this Tuesday (15) at the G20 meeting the regularization of the global production and trade of fertilizers, during a debate about food and energy security. The summit of the leaders of the world’s largest economies takes place in Bali, Indonesia. “For Brazil, the complete normalization of fertilizer production and trade is both a commercial and humanitarian concern.” said the minister. (Ministry of Foreign Affairs)
AgroGalaxy’s fertilizer sales volume dropped approximately 10% in the 3Q of 2022, but prices increased by 35%, as did the prices of crop protection products. With both inputs billing 72% more, the company released the balance sheet for the period with record net revenue of US$ 580 million, representing an increase of 67% in the annual comparison. (AgroGalaxy)
Bill 2569/22 provides more regulation and control of herbicides whose active ingredient is dichlorophenoxyacetic acid or 2,4-D, widely used in soybean farms. According to the author of the proposal, congressman Bibo Nunes, 2,4-D has seriously harmed viticulture. Text is under analysis in the Brazilian House of Representatives. (House of Representatives)
Bayer estimates that the adoption of Intacta2 Xtend soybeans among farmers will increase approximately 10% of the area in the 2022/23 season, and could reach an area of more than 4 million hectares in 2022/23, compared to 243,000 hectares in 2021/22. (Bayer)
Soybean farmers faced high production costs in the 2022/23 season. Fertilizers were the inputs that represented the most expenses. In the State of Mato Grosso do Sul, macronutrients such as nitrogen, phosphorus, potassium and sulfur increase 118.9% in one year. Currently, the sector tends to work with lower price levels. “Fertilizer market has been showing signs of rebalancing, with the supply situation showing signs of improvement”, says Maisa Romanello, consultant at Safras & Mercado. (Safras & Mercado)
Nutriplant, a special fertilizer company, announced an EBITDA of US$ 2.31 million in the last quarter, 55.5% higher than in 2021. Net revenue reached US$ 25.94 million in the quarter, 47% more than the US$ 17.66 million from the previous year. Gross profit reached US$ 4.1 million, or 49.3% higher than the previous year. Net income in the 3Q was US$ 1.12 million, representing an increase of 44.5%. (Nutriplant)
Syngenta and Scheffer announce a 10-year collaboration agreement to develop biological products derived from microorganisms adapted to Brazilian farms. Focus will be on the control of the main diseases in soybean, corn and cotton. (Syngenta; Scheffer)
Rodrigo Lima is the new marketing director at Iharabras. (Iharabras Chemical Industries)
Price of imported fertilizers continues with a downward trend. October is the fourth consecutive month of drop, with an average price of US$ 0.58/kg, lowest value since February. Average import price between January and October 2022 was US$ 0.65/kg, more than double than the average between January and October 2021, that was US$ 0.32/kg. (Export Department, Ministry of Economy)
Deliveries of fertilizers to farmers are expected to grow to 44.5 million tonnes in 2023 from 42.75 million tonnes in 2022, with lower prices helping farmers to invest in fertilization. Consumed
State Police Station for Repression of Rural Crimes in the State of Goiás recovered 8.8 tonnes of pesticides and 116 tonnes of fertilizers in 48 operations carried out by the State between January and November 2022. Value of the seized products exceeds US$ 820 thousand. (DERCR)
CropLife promoted a workshop about illegal pesticides in the city of Porto Alegre, State of Rio Grande do Sul. Event aimed to spread knowledge about the growing illegal pesticide market. Workshop had as target audience the police; agricultural, customs and environmental inspectors; public security officers, etc. (CropLife Brasil)
FMC sales grew 35% in Latin America, driven by demand for herbicides and insecticides. In Brazil, the company is reaping the benefits of investing in expanding market access for its products, especially in soybeans and corn. (FMC Corporation)
Rural extension officers in the State of Rondônia are being trained by the State’s Emater to provide farmers a more secure agrochemical
“Ceres Operation” results in the seizure of 33 thousand liters of illegal pesticides, interdiction of six airplanes and application of US$ 280 thousand in fines. 30 farms and companies were inspected in 15 cities in the State of Minas Gerais (Ibama; MAPA; ANAC; Semad)
AgBiTech should launch new formulated pesticides based on virus species found inside Brazilian farms. According to the company, some of these control agents showed good potential in the laboratory, increasing the spectrum of control of caterpillars in soybean, corn, cotton, etc. According to the company’s marketing director, Pedro Marcellino, the expectation is to launch at least one bioinsecticide with a virus originated from Brazil for the 2023/24 season. (AgBiTech)
Parliamentary Front promotes debate about bioinput production. So far, there is no specific legislation regarding this subject. Regulations regarding this are the laws specific to fertilizers or pesticides, not always considered appropriate for bioinputs. Two bills seek to fill this gap: one pending in the Senate (Bill 3668/21) and another in the House of Representatives (Bill 658/21). (Chamber News Agency)
Lagoa do Junco Settlement, located in the city of Tapes, in the metropolitan area of Porto Alegre, State of Rio Grande do Sul, was hit by pesticide drift, according to a denouncement from the Landless Rural Workers Movement. (MST)
Anvisa changes evaluation flow of post-registration requests of biological pesticides to allow the implementation of technical improvements. Agency releases a report that advises companies on how to file requests for change of biologically-based products post registration. (Anvisa)
READ MORE: