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TFI economist says geopolitics could drive new fertilizer innovation amid supply chain disruptions
Self propelled spreader applying fertilizer to a field before tilling with farm scene in the distance
The chief economist for The Fertilizer Institute says she expects to see more product innovation as geopolitics continue to interrupt supply chains.
Veronica Nigh tells Brownfield that it could mean turning to different nutrients like ammonium sulfate and Triple Superphosphate (TSP).
“We’re seeing that experimentation in other parts of the world, and that might be a thing to consider as we’re seeing increased volatility, as we’re seeing those big trading partners being in and out of the market in substantial ways and year after year, that might be something that deserves additional attention,” she shares.
Nigh says China restricting fertilizer exports this year will likely keep supplies unstable for the upcoming growing season.
China produces about 40 percent of processed phosphate and 30 percent of ammonia and urea used globally.
Brownfield interviewed Nigh during the recent MABA Winter Conference.
Tags: ag inputs, Crops, fertiilzer, fertilizer availability, Fertilizer Imports, Fertilizer Institute, fertilizer production, fertilizer supplies, Fertilizer supply chain, global fertilizer market, nutrient availability, The Fertilizer Institute, Trade