Figure 1. The other papers in this workshop will discuss the above topics while the tenet or basic principle of fertilizer recommendation system i.e. the fertilizer market in West Africa is relatively competitive (more than ten importers share the market in each country except Mali, where the market is clearly oligopolistic), most importers aim to optimize their logistics costs with different strategies, depending on both their financing Self-Fertilizing Corn is Closer Than You Think. The 2019 harvest included 2.7 million tonnes of maize ... fertilizers and extension services. Menjo said there may be shortages. The target is expected to reach 1.5 million farmers by the end of 2020. Wa, Dec. 21, GNA – A research conducted by the Ghana Trades and Livelihoods Coalition (GTLC) in 2019 has shown that farmers’ trust in improved seeds supplied under the Planting for Food and Jobs (PFJs) programme dropped significantly. In the week’s post, we review 2020 fertilizer prices and the trend of lower prices. The World Bank’s Fertilizer Price Index is projected to recover and gain 4.8 percent in 2019, according to the latest Commodity Markets Outlook. This should be helpful as growers pencil out their 2019 financial scenarios. km) Rural land area where elevation is below 5 meters (% of total land area) Food production index (2004-2006 = 100) Fertilizer price index Strengthening demand Additionally, if you are planning a fall fertilizer application, “Avoid The Top 3 Fall Fertilizer Mistakes“. Self Fertilizing Corn is Closer Than You Think, China Develops New Solution for Pork Shortage, Farmers are Suffering and It’s Time to Take Action, China Makes First Major U.S. Pork Purchase in Two Years, Land of Lincoln Has New Dicamba Restrictions, Trump Signs Spending Bill – Some Wins for Ag, Rain Drenches Much of Midwest Prior to Harvest, Recognizing and Preventing Pinkeye in Cattle, To Till or Not to Till: What You Must Know When Making Tilling Decisions, Nutritional Needs for Lactating Beef Cattle. Compared to prices last spring -the average of prices reported in April and May- anhydrous ammonia prices are down 22% and DAP 17% lower. Business News of Thursday, 26 September 2019 Source: ghananewsagency.org 2019-09-26 Vice President Dr Mahamudu Bawumia Vice President Dr Mahamudu Bawumia has directed Ghana Cocoa Board (COCOBOD) to purchase all fertilizers intended to be supplied to cocoa farmers locally next year since local fertilizer companies have the capacity to supply them. Mi, Akufo-Addo dissolves Cabinet, appoints caretaker ministers, Akufo-Addo’s legal team designate spokespersons for election, Happenings in the Aviation Industry the Week before Christma. Lower fertilizer prices were an important source of crop budget improvements as commodity prices … This, he said, would ensure a living wage … List of Fertilizers companies and services in Ghana. Dan Quinn of DTN/PF recently reported on “DTN Retail Fertilizer Trends”, noting that all fertilizers moved higher in the third week of September. What it means is that the 57 cedis represents 50% reduction as the subsidy amounts to 50%. –By: Jessica Ayorkor Aryee/Pius Amihere Eduku/citibusinessnews.com/Ghana, Fire outbreaks in Kumasi destroys properties Business News of Wednesday, 14 August 2019. Fertilizer consumption (kilograms per hectare of arable land) in Ghana was 20.88 as of 2016. World fertilizer trends and outlook to 2019 vi Summary World fertilizer nutrient (N+P 2 O 5 +K 2 O) consumption is estimated to reach 186.6 million tonnes in 2015, up by 1.1 percent over 2014. Table 1 clearly shows the impact the grain price and yields have on profitability. However, prices of maize increased in most markets in March due to the strong seasonal … The index rose 8 percent in the third quarter of 2018 (q/q) on high energy costs and tight supplies and was more than 18 percent higher than 2017Q3. “The other good thing of this development is that it will allow more use of fertilizer among agricultural production to increase crop yields,” he explained. One difference, however, is that only one price dropped significantly, which DTN considers a price change of 5% or more. The price of diammonium phosphate (DAP, 18-46-0) rose about 12 percent during 2018, and monoammonium phosphate (MAP, 11-52-0) jumped 8 percent. $ 559; March 2020; 13 pages; The report offers the most up-to-date industry data on the actual market situation, and future outlook of the market. However, in Ghana, fertilizers and other inputs for cocoa production are heavily subsidized and a bag of fertilizer is factored in at a reduced cost of US$ 25. If the maize price goes up with a mere R250 per tonne (R2 … Search for Fertilizers with Addresses, Phone numbers, Reviews, Ratings and Photos on Ghana Business Directory Meanwhile farmers have welcomed the reduction in the prices of fertilizers. The Ministry of Food and Agriculture revealed that the price of compound fertilizer (NPK) which was GH¢85 in 2016, is now selling at GH¢ 57.50 pesewas. This was in addition to a notable upward swing over the previous several weeks. Also, Quinn’s piece includes a 8-year price chart for retail anhydrous. He said Ghana and Cote d’Ivoire had agreed to have a stake in determining the Floor Price of Cocoa on the world market and pay income differential to cocoa farmers, starting October in 2020/2021 Cocoa Season. Along with Quinn, Knorr has noticed that the fertilizer market has already rallied to multi-year highs with international forces coming into play. Source: Ghana Crusader 2019-08-14 Cocoa farmers reject proposed price of GHC8,000 per tonne Increasing the size of land by 1 acre will decrease profit by Gh¢ 32.45 in all three vegetables production system and by Gh¢65.45 under lettuce and spring onion production system (Table 7). An increase of about five percent over the preceding year’s average price of GHS173.00. Quinn highlights that retail anhydrous is up 23% from this time a year ago. He believes it is prudent to assume cost increases of $15 per acre for corn and $5 per acre for soybeans. The FAO Fertilizer Programme was very active in Ghana and this probably contributed to the increase. It’s the fifth consecutive week that the price of all eight fertilizers fell. Fertilizer prices continue to erode, but the pace of decline slowed, according to retailers tracked by DTN for the second week of September 2019. In the same vein as both Quinn and Knorr, Schnitkey anticipates that current fertilizer price increases signal higher 2019 fertilizer costs. There has been a ... price of U.S. $280/mt reaches Greater Accra (GA) warehouses at U.S. $395/mt bagged, a port cost of U.S. $115/mt, or +41%. Ghana: Cocoa Producer Price Up By 8.42 Percent - allAfrica.com … Nitrogen prices fell 11 percent in the first quarter after large gains in the second half of 2018 .The decline reflected weak Chinese seasonal demand, below-average use in North America due to early snow, and lower input costs (natural gas and coal).These factors more than offset strong import demand elsewhere, notably Brazil. Jiji.co.ke is the best FREE marketplace in Kenya! Its highest value over the past 14 years was 34.76 in 2012, while its lowest value was 3.75 in 2002. The industry report Agricultural and Forestry Machine Market in Ghana to 2019 - Market Size, Development, and Forecasts offers the most up-to-date market data on the actual market situation, and future outlook for agricultural and forestry machines in Ghana. “The fertilizer was taking about forty-five and in some cases sixty percent of the cost of production. Schnitkey does note that price declines could occur but that would run counter to historical price patterns. The average national price was lowest in Ghana (0.80 USD kg-1), Kenya (0.97 USD kg-1), and Nigeria (0.99 USD kg-1). If the checkbook allows, one fertilizer cost-saving measure is to prepay at least a portion of your 2019 commercial fertilizer needs. Aggregate data on fertilizer consumption and use must be … The cost to the government is Ghc115 per bag of 50kg for NPK which is the most common form of fertilizer. Urea – Up $4 at the Gulf. The phosphorous fertilizer price was $532/ton last week, and nine months ago the average price … Raw material cost pressure also added support to phosphate fertilizer prices. Despite major maize programs in the last two decades and costly investments in a price subsidy program in Ghana, maize productivity remains very low. World demand for total fertilizer nutrients is estimated to grow at 1.6 percent per annum from 2015 to 2019. Knorr anticipates higher retail prices for October as wholesale prices move higher. Higher fertilizer prices then lead to higher fertilizer costs. Bryce Knorr of Farm Futures is also tracking fertilizer price trends in his article titled, “Fertilzer Outlook – Iran Sanctions Unnerve Fertilizer Market”. A multistage sampling technique was used to obtain primary data from 543 rice farmers from three regions in Northern Ghana through questionnaire administration. The nitrogen, phosphorous and potash (NPK) grades are costing 6% less at Rs 900-1,100 per 50-kg. Potash – Trading at highest levels since 2015. Announcing the reduction, Dr. Owusu Afriyie Akoto said the move is part of measures to enhance productivity in the agric sector. Wa, Dec. 21, GNA – A research conducted by the Ghana Trades and Livelihoods Coalition (GTLC) in 2019 has shown that farmers’ trust in improved seeds supplied under the Planting for Food and Jobs (PFJs) programme dropped significantly. Table 8: Apparent fertilizer 2use by product (MT) Product Ghana (2017) Kenya (2016) Gary Schnitkey of FarmDocDaily authored a post titled, “Fertilizer Prices Higher For 2019 Crop”. A research conducted by the Ghana Trades and Livelihoods Coalition (GTLC) in 2019 has shown that farmers’ trust in improved seeds supplied under the Planting for Food and Jobs (PFJs) programme dropped significantly. NPK, urea, and DAP are the most significant fertilizer products currently in use in the target countries reviewed for this study. AFRICA Fertilizer Map 2019 by Antonella Harrison – antonella.l.harrison@gmail.com Africa’s population is set to rise 20% by 2030 from the current 1.2bn and Sub-Saharan Africa (SSA) is the region with the greatest food security risk as it has the highest projected increase in population. News Ghana is Ghana's leading online news portal for business in West Africa and around the World. Assume cost increases of $15 per acre for corn and $5 per acre for soybeans as you pencil out crop plans for 2019. UAN – Despite limited demand costs followed the rest of the nitrogen complex. “Organic fertilizer will be GH¢15 flat. FEATURED: Live Updates: Ghanaians Go To The Polls... Government has reduced the prices of fertilizer by fifty percent. Discover a great selection of Soils, Fertilizers & Mulches at the best prices Best prices in Kenya Pay Online or Cash On Delivery. In 2018, Asia-Pacific was the largest geographical segment of the market studied and accounted … At a Public Accounts Committee hearing on Monday, April 1, 2019. the Chief Executive for the Cocoa Board , Joseph Aidoo, told the committee that over the years a lot of the Cocoa fertilizer was smuggled outside Ghana to be sold. The fertilizer with the least price difference in the past year was MAP. The inability to pay and thus source this material, acts as a squeeze on supply, therefore driving prices higher. This $41/lt increase added about $15 to the cost of producing a ton of DAP. Fertilizer consumption is the key to Africa's food security. Tel: +233 234-972-832 or +1-508-812-0505 Contact us: [email protected] The Ghana Exim Bank has given approval for funds for the development of the biggest poultry industry in the Akuapem South District of the Eastern Region. Fertilizer price indexes (table 8) have been updated through 2018. Schnitkey doesn’t sugar coat his analysis and jumps right into his key findings in his opening paragraph. AFRICA Fertilizer Map 2019 by Antonella Harrison – antonella.l.harrison@gmail.com Africa’s population is set to rise 20% by 2030 from the current 1.2bn and Sub-Saharan Africa (SSA) is the region with the greatest food security risk as it has the highest projected increase in population. The cost to the government is Ghc115 per bag of 50kg for NPK which is the most common form of fertilizer. Knorr offers analysis on this list fertilizers: Read more of Knorr’s commentary at farmfutures.com. The Ministry also revealed that the price of urea is currently selling at GH¢47.50 pesewas instead of the GH¢80 it was previously been sold at. Need buy or sell Fertilizers in Kenya? Urea Fertilizer market analysis. In that case, it hardly made the farmers competitive compared to their peers from across the sub-region.”. The Ghana Cocoa Board in 2019 suspended the free distribution of fertilizer to farmers as a measure against smuggling. The Ghana Cocoa Board in 2019 suspended the free distribution of fertilizer to farmers as a measure against smuggling. Believes it is about $ 15 per acre higher costs for soybeans they contend that the 57 cedis represents %. Five percent over the previous several weeks retail prices for October as wholesale move! 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