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Why is glyphosate price going up?

Posted on September 3, 2022 by Author

Why is glyphosate price going up?

Bill Johnson says there are many reasons for the price hike and shortage. “Not being able to get containers unloaded at the ports to a shortage of trucks and truck drivers to get them to the formulation plants to shortages of the formulation materials to even shortages of the materials that they’re packaged in.

Does China use glyphosate?

China is the world’s largest producer of glyphosate, with 80\% of the glyphosate produced in China being exported. Glyphosate is also still by far the most popular herbicide among Chinese farmers.

Which country uses the most glyphosate?

The five countries with the highest use of glyphosate in 2017 were Denmark, Poland, Netherlands, Portugal and France (≥0.32 kg of a.i. per ha). The five countries with the lowest use of glyphosate were Turkey, Lithuania, Latvia, UK and Switzerland (≤0.12 kg of a.i. per ha).

Is there a glyphosate shortage?

Retailers continue to tell AgWeb that the glyphosate and glufosinate shortage is widespread. During the spring of 2021, the shortage of both glyphosate and glufosinate caused prices to climb 50\% in some cases.

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What is the cost of glyphosate?

For a fall application prices currently sit at $1,250 per ton. Just this past spring, prices were $580 for prepay or $650 to $675 per ton for in-season purchases.

How much does glyphosate cost per acre?

About 280 million pounds of glyphosate are applied to an average of 298 million acres of crop land annually. In addition to providing broad-spectrum control, it is also relatively inexpensive, averaging between $1 and $13 per acre across agricultural use sites.

Is Roundup made in China?

Zimmer said Monsanto does not purchase glyphosate from China, nor does it produce glyphosate in China. “All our the Roundup that we supply to farmers in the United States comes from our two manufacturing facilities in Luling, La., and Muscatine, Iowa.

Is glyphosate banned in USA?

As such, glyphosate is not banned by the U.S. government; Roundup and other glyphosate-based herbicides are readily available for purchase throughout the country.

Which country is the largest producer of pesticides in the world?

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China
Pesticide Use by Country

# Country Kg of Pesticide per Hectare of Cropland
1 China 13.1
2 United States 2.5
3 Brazil 6.0
4 Argentina 4.9

How much does glyphosate cost per gallon?

price, reflecting an effort by Monsanto to improve its competitive position in the marketplace. Roundup Original Max, the company workhorse, will retail for approximately $29.00/gal. (about $4.75 to $5.25/acre). As always, prices are subject to change, depending upon your retailer.

How much glyphosate is sold per year?

Glyphosate is the most used herbicide in United States’ crop production in terms of acres treated (MRD, 2012-2016). There are approximately 280 million pounds of glyphosate applied to 298 million acres annually in agricultural settings (MRD, 2012-2016).

How high will glyphosate prices increase in 2021?

Throughout the first semester of 2021, the increases in glyphosate prices gradually climb from 4.10 US dollars to close to 8.00 US dollars. The consistency of this increase is due to a series of events that began in early 2020. The main thing that is still looming until now is the Covid-19 pandemic.

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How much glyphosate is made in China?

Over 80\% of China -made glyphosate is exported to account for over 60\% of the global supply. The output of glyphosate in China increased from 316,000 tons in 2010 to about 505,000 tons in 2017. In 2017, China exported over 300,000 tons of glyphosate technical, which satisfied more than half of the global glyphosate demand.

What is the forecast period of glyphosate market research report?

The global glyphosate market is anticipated to register a CAGR of 4.5\% during the forecast period, 2021-2026. COVID-19 has negatively impacted the market due to the restrictions on the supply chain of raw materials, which impacted the production of glyphosate across the world.

What is happening with glyphosate price in Indonesia?

The increase in the price of glyphosate finally has an alarming trend throughout semester 1 2021. Pandawa Agri Indonesia recorded 4.56 USD in February 2021, and by July, it was already in the range of 7.90 to 8.00 USD. Based on all the above events, this increase is the worst since 2008.

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