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ADM Helping You Get a Handle on Fertilizer Costs

first_imgAudio Player Up/Down Arrow keys to increase or decrease volume.Fertilizer costs are up and supplies are tight, but is there any relief in site? Prices have gone the way of commodity prices this year, and Kyle Johnson with ADM Farm Direct Fertilizer says it’s pretty tricky to predict what prices will do through the rest of spring.“Near as we can tell the supply on nitrogen in particular is very snug, and we expect to see some appreciation going through the planting months, likely to see some sort of a market reset into the summer months getting into the fill programs,” he said. “But, for right now it’s a good idea to get all your needs covered so that you’re sure to have the material going into this spring.”Johnson says with corn values up, the demand for nitrogen goes up too, further stressing available supply.“I think a lot of growers were thinking of throwing an extra 20 pounds of N out there this year, and if you look at that on a percentage basis, that’s about 10 percent more that they’re going to apply. From a macro-economic standpoint that is very significant, and it can deplete the supply quickly, or at least draw it down out in the marketplace.”Farmers can get better control of fertilizer costs with the ADM Farm Direct Fertilizer program. The program offers deferred values so you can lock in prices up to 18 months out, “so that growers can make sure that they are locking in as many inputs as they possibly can,” Johnson said. “In cases that growers are booking grain into 2022 or farther, if you’re not locking in as many inputs as you can, you’re simply speculating the market at that point, so it’s important to go ahead and get those inputs locked in. If you reach out to any of the Farm Direct reps here we can get you deferred values in most areas.”You can visit the website for details, or download the ADM fertilizer app. More from Johnson:Audio Player Up/Down Arrow keys to increase or decrease volume. SHARE ADM Helping You Get a Handle on Fertilizer Costs By Andy Eubank – May 9, 2021 SHARE Home Indiana Agriculture News ADM Helping You Get a Handle on Fertilizer Costs Facebook Twitter Facebook Twitter Previous articleWhy Farmland Values are on the Rise in the MidwestNext articleHeavy Weekend Rains Ruining Plans for Planting This Week Andy Eubanklast_img read more

Regeneration: For the common good

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USA Track and Field calls for Olympics delay

first_imgUSA Track and Field athletics’ U.S. governing body has called for this summer’s Olympics in Tokyo to be delayed because of the ongoing coronavirus situation.The federation has asked the U.S. Olympic and Paralympic Committee to advocate to the International Olympic Committee for the postponement of the Games.It follows a request from USA Swimming for it to be delayed by 12 months.The Olympics is scheduled to take place from July 24 to August 9.USA Track and Field chief executive Max Siegel wrote in a letter to the U.S. Olympic and Paralympic Committee: “We certainly understand the ramifications of this request, and the realities of trying to coordinate the logistics of a postponed Olympic Games around the schedules of other athletes, sport federations, key stakeholders etc.“But the alternative of moving forward in light of the current global situation would not be in the best interest of our athletes (as difficult as that decision might be).”There are a growing number of calls for the Games not to take place this summer.UK Athletics chairman Nic Coward recently suggested that the Olympics should be postponed, while Brazil, Norway and Slovenia’s Olympic committees have also urged the IOC to take action and put it back to next year.Four-time Olympic champion and BBC Sport pundit Michael Johnson fears athletes could “risk their lives” trying to train for the Games and called for clarity on the IOC’s decision-making process.“IOC should communicate the window for deciding on the ’20 Olympics,” tweeted the former US sprinter. “Athletes must keep training but for many there’s nowhere to train.“They may risk their lives and others trying to continue training. Answer isn’t just cancel ASAP. But communicate the process to the athletes.”On Friday, International Olympic Committee (IOC) president Thomas Bach told the New York Times “different scenarios” for Tokyo 2020 are now being considered for the first time. (BBC Sport)last_img read more