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Carolina Eastern joins ag distributor coalition

  • : Fertilizers
  • 24/08/14

US fertilizer distributor Carolina Eastern to join Aligned Ag Distributors (AAD) ownership group in a move that the company expects will bolster its competitiveness in the nutrient space.

Carolina Eastern will join a group of about 12 other distributors in the US that work together to be cost efficient in providing crop protection products, fertilizer, and other crop inputs to customers across the country. The company will officially become an additional AAD owner on 1 October.

Joining AAD will strengthen Carolina Eastern's role as an independent agriculture retailer and make the company more competitive in the crop protection market, Carolina Eastern executive vice president Butch Rodgers said.

The distributor company offers crop nutrients and other agriculture services at 30 retail locations, largely based in South Carolina.

AAD offers combined negotiation and purchasing power to increase the success of local distributors.


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India's Fact issues buy tender for 80,000t of NPKs


24/10/08
24/10/08

India's Fact issues buy tender for 80,000t of NPKs

London, 8 October (Argus) — Indian fertilizer importer Fact has issued two new purchase tenders for 40,000t each of 15-15-15 and 10-26-26, both closing on 14 October. Fact requests two shipments of 20,000t, plus or minus 10pc, of 15-15-15 for arrival on or before 15 December, one lot each to New Mangalore and Tuticorin. It has also asked for two lots of 20,000t of 10-26-26, plus or minus 10pc, for arrival on or before 15 December, one shipment each to New Mangalore and Kakinada. Fact issued a purchase tender earlier this week for 40,000t of 20-20-0+13S, which will also close on 14 October. By Nykole King Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

Kinder Morgan to shut Tampa terminals Tuesday


24/10/07
24/10/07

Kinder Morgan to shut Tampa terminals Tuesday

Houston, 7 October (Argus) — Kinder Morgan is planning to shut its terminals and fuel racks in Tampa, Florida, on Tuesday as the region prepares for Hurricane Milton to make landfall Wednesday evening . "We will continue to monitor the storm's path and make any adjustments as needed," Kinder Morgan said in a statement on Monday. Kinder operates the Port Sutton, Tampa Bay Stevedores and Tampaplex terminals in Tampa's Hillsborough Bay and the Port Manatee terminal further south in the Tampa Bay. The terminals handle a wide range of bulk products including fertilizers, scrap metal, petroleum coke and coal according to Kinder Morgan's website. Kinder's Tampa refined products terminal has 1.8mn bls of storage and is connected to the Central Florida Pipeline (CFPL) which transports gasoline, diesel, ethanol and jet fuel to Orlando, including to Orlando International Airport. The airport said today that it will cease operations the morning of 9 October in advance of the hurricane. By Nathan Risser Hurricane Milton projected path Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

Hurricane Milton to further disrupt phosphate output


24/10/07
24/10/07

Hurricane Milton to further disrupt phosphate output

Houston, 7 October (Argus) — The US phosphate market anticipates Hurricane Milton's Florida landfall later this week will cause further disruptions to regional production as the Tampa area continues to recover from Hurricane Helene. Hurricane Milton intensified to a category 5 storm today in US Gulf waters and is on track to make landfall around the Tampa Bay area Wednesday evening as a category 3 hurricane, the National Weather Service said. Phosphate traders expect the storm will only further tighten the market as major fertilizer producers work to overcome production losses and power outages endured during Hurricane Helene on 26 September. One phosphate trader called the incoming storm "devastating", considering it will exacerbate existing fourth quarter scarcity from ongoing outages at Nutrien's White Springs and Mosaic's Riverview facilities. The area surrounding Tampa Bay is home to three major phosphate processing facilities owned by producer Mosaic — with capacity totaling 5.7mn metric tonnes (t)/year — and the mines that feed them. Finished phosphate product is shipped across the US by rail to end users and exported by vessel from the port. Mosaic's Riverview facility in Tampa experienced water intrusion from storm surge but was expected to be back to full production sometime this week, according to the company. The producer also expected some late third quarter shipments to be pushed into the fourth quarter because of the Tampa port closure. Fellow fertilizer producer Nutrien's White Springs phosphate facility is located north of Tampa and was still assessing damage following Hurricane Helene as of today, the company said. White Springs has annual production capacity of 2mn t/year. Nutrien said it is also monitoring Hurricane Milton's path and has emergency safety measures in place for the storm. Further production disruptions are likely with the arrival of Hurricane Milton. Fertilizer production sites in the path of major storms curb operations as a precaution and then have to assess and repair damage before restarting. There is an increasing risk of life-threatening storm surge and damaging winds for portions of the west coast of the Florida peninsula beginning Tuesday night or Wednesday morning, the NWS said. Storm surge in the Tampa Bay area could reach between 8-12ft, compared to storm surge of around 6ft from Helene. Portions of Florida can expect heavy rainfall today ahead of Milton, as well as later this week. Additionally, unlike with Helene, Mosaic's Bartow and New Wales facilities located further inland from Riverview are directly in the path of Milton on its current trajectory. If the storm stays on its current track, it will be the worst storm to hit the Tampa area in 100 years, the NWS said. Hurricane Ian damaged phosphate facilities in 2022 , causing Mosaic to reduce fourth quarter production guidance by 200,000-250,000t after the storm moved east across the Tampa Bay area. Florida ports are beginning to limit operations ahead of the storm. Port Tampa Bay initiated its Port Heavy Weather Advisory Group, which closely monitors impacts to the port and waterways in response to Hurricane Milton. Inbound and outbound vessel traffic to the port remains open and operations will continue "as long as safely possible," the port said. SeaPort Manatee is also open to vessel and landside traffic. Both ports will likely take further precautions closer to Milton's landfall. Mosaic did not respond to request for comment on the precautions it is taking for Milton. By Taylor Zavala Hurricane Milton projected path Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

Brazil's 3Q potash imports reach record 4mn t


24/10/07
24/10/07

Brazil's 3Q potash imports reach record 4mn t

London, 7 October (Argus) — Brazilian third-quarter imports of MOP reached a record 4.1mn t in July-September as buyers purchased the last lots for soybean crops in the first half of the quarter before turning their attention to next year's corn crop shortly afterward. Prices of granular MOP arrivals to Brazil eroded over the three-month period to $280-290/t cfr as of 26 September, from $305-320/t cfr at the start of July, reflecting the seasonal slowdown in demand. The signing of the new Chinese and Indian MOP contracts in early July at $273/t cfr and $279-283/t cfr with 180 days' credit, respectively, also placed some downwards pressure on pricing. Canada was the top supplier in the third quarter at 36pc, with 1.5mn t, followed closely by Russia with 35pc and 1.4mn t, GTT data show. Uzbekistan was noted as the third top supplier to Brazil — although this is likely Belarusian product — at 13pc with 557,000t from July-September. Israel took 5pc at 225,000t, while Jordan received 4pc at 169,000t and Germany 3pc at 121,000t. The five-year average of third-quarter imports to Brazil amounted to 3.7mnt, with potash imports steadily climbing over the period. Volumes declined in 2022 following strong panic buying earlier this year on supply uncertainty resulting from the escalation of the Russia-Ukraine conflict. Brazilian MOP imports from January-September totalled 11mn t, also a record high. A further 642,000t is slated for arrival in October, according to provisional vessel line-up data, suggesting that total 2024 imports are likely to be close to the record of 13.4mn t recorded last year. Full Argus data covering Brazilian MOP imports are available here . By Nykole King Brazilian MOP imports by origin '000t Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

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