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livingontheland - Re: [Livingontheland] Rising crop demand driving up fertilizer prices

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Subject: Healthy soil and sustainable growing

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Chronological Thread  
  • From: "bruce smith" <cityhomesteader@gmail.com>
  • To: "Healthy soil and sustainable growing" <livingontheland@lists.ibiblio.org>
  • Subject: Re: [Livingontheland] Rising crop demand driving up fertilizer prices
  • Date: Thu, 8 May 2008 14:22:23 -0400

sounds like the Powers That Be need to realize the potential of all the crap and yard waste as well as organic garbage we through out as a world!!..  so much of this can be recycled..

On Thu, May 8, 2008 at 10:55 AM, <mdnagel@verizon.net> wrote:
It should start to become quite obvious that the current system isn't, and could never be, up to the task of meeting our future food needs.


Source: http://www.rgemonitor.com/635?cluster_id=9828

# Global fertilizer prices rose >200% in 2007 as farmers tried to maximize crop yields to cash in on record crop prices partly driven up by biofuel production. Demand to outstrip supply until 2012

# Phosphate fertilizer tripled from $252/ton in Jan 2007 to $752/ton by Jan 2008

# In 1960 developed countries accounted for 88% of world fertilizer consumption. By 2001 their share had fallen to 37%, developing countries accounting for 63%. Developing Asia alone accounts for 49%

# China is the world's largest potash importer, consuming 21% of the global potash market. US buys 18%, and Brazil takes 15%. Apr 20-Sep 30, China doubled export duty on raw materials for potash, for which it supplies between 20-30% of global trade volume of the plant feed

# Output growth lags demand growth. Low prices in previous decades depressed capacity expansion

# Global production is running at or near capacity for all three of the major fertilizer nutrients: nitrogen, phosphate and potash

# Long time lags to develop new capacity: Building a new nitrogen complex takes at least 3 years. 3-4 years for a phosphate fertilizer plant and 7 years for a potash mine

# Canada is largest producer while Russia is swing producer. Russia caps fertilizer exports

# FAO: Between 2007-2012, world surplus expected to increase annually by 21.2% to reach about 11% of total demand in 2011/1. Phosphate to have tightest balance

# Potash Corp. share price shot up from $2 in $1990 to $200 in 2008, with most of the price rise occuring after 2003

# Price of nitrogen fertilizers directly related to the price of natural gas (methane)
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--
Bruce Smith

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A little faith will bring your soul to heaven, but a lot of faith will bring heaven to your soul. ~Author Unknown


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