Glyphosate plant running again

Nov 02, 2021

The production plant in Louisiana supplies Roundup’s active ingredient to all of North America

By Jackie Clark
Staff Writer
Farms.com

Beginning in spring 2021, growers and retailers in Canada have expressed concern over reports of glyphosate shortages. Those concerns persist as farmers plan for planting in 2022.

What started as supply chain issues due to the ongoing COVID-19 pandemic was soon exacerbated by energy issues in China, and adverse weather in the U.S.

“Hurricane Ida impacted the Bayer Crop Science production plant in Luling, Louisiana, causing damage to the site and extensive damage to the entire region,” Komie Hossini told Farms.com. He’s an associate communications business partner for Bayer Crop Science.

The plant halted production on August 28 but was back online and ramping up production in early October.

“The site resumed full operations ahead of schedule and is back at full production,” Hossini said. “Demand for glyphosate remains high and we, along with all companies challenged by Hurricane Ida and other global supply chain factors, are working diligently to serve our customers. This remains a top priority for the company.”

The Luling plant is an important part of the supply chain that reaches Canada.

“Luling is a key site that helps provide 100 percent of the active ingredient for our Roundup branded agricultural herbicides in North America,” Hossini explained.

“We understand the dynamics of this topic and the importance of glyphosate supply for farmers,” he added.

The company did not comment on the shortage’s potential impact on farmers in terms of supply or prices of herbicide products.

Leonid Eremeychuk\iStock\Getty Images Plus photo

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Agricultural Market Update: Grain Prices, Crop Conditions, and Weather Impacts

Welcome back to our channel where we provide comprehensive updates on the latest trends and changes in the agricultural sector. This week, we're looking at significant movements in grain prices, crop conditions, and the effects of weather patterns. Let's dive into the details:

Grain Price Decline Grain prices have fallen to their lowest levels since 2020, with December corn down 4.3% and November soybeans losing 3.1%. This decline is partly due to the beneficial moisture brought by Hurricane Beryl to the Midwest, which has improved crop conditions significantly. The USDA reported that corn and soybean crops are in their best condition in four years, contributing to the downward pressure on prices.

Record Short Positions and Market Sentiment Fund traders have increased their net short positions in the corn market to a record level, with a net short of 347,000 contracts of corn. This reflects a bearish sentiment in the market, further influencing grain price dynamics. Similar selling trends were observed in soybeans and SRW wheat, indicating broad market caution.

Weather Impact and Forecast Hurricane Beryl has brought significant rainfall across Arkansas, Missouri, western Tennessee, western Kentucky, and southern Illinois, with more expected over Missouri, Illinois, and Indiana in the coming days. Despite this, the market is currently more focused on the moisture benefits rather than potential heat risks forecasted in the 6-10 and 8-14 day periods.

US Crop Conditions Corn and soybean conditions have shown slight improvements last week, with corn rated 68% good to excellent and soybeans at 68%. These are among the best ratings for this time of year since 2020, suggesting robust crop health that could continue to influence grain prices.

Winter Wheat Harvest and Spring Wheat Conditions The US winter wheat harvest is progressing well, ahead of schedule with significant portions already harvested in Kansas and Texas. Spring wheat conditions are also favorable, with 75% rated good to excellent, although there have been some declines in states like Idaho, South Dakota, and Washington. Brazil's Corn Harvest and US Exports Brazil's second corn crop harvest is advancing rapidly due to favorable hot and dry conditions, with 63% of the crop already harvested. Meanwhile, US corn shipments saw a substantial increase last week, indicating strong export demand, which contrasts with the recent drop in domestic grain prices.

Ongoing Developments Lastly, the USDA reported a flash sale of corn, with significant quantities sold to unknown destinations, scheduled for delivery over the next two marketing years. This could signal ongoing international demand for US corn despite lower prices.

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