Gavilon Fertilizer, Savannah, on March 9 announced that Brian Harlander, President, has decided to retire after more than 48 years in the ag industry. He will continue to serve Gavilon Fertilizer through a consulting and advisory role. As decisions are finalized, a subsequent announcement will be made to introduce the new leadership team.
New Orleans granular urea barge trades have topped the $400/st FOB mark in early week trading, according to industry sources, who reported multiple transactions. Major players have argued that supplies are tight and that there have not been enough imports to serve the expected spring season demand. The week-ago range was $357-$370/st FOB.
Deloitte issued an unqualified audit opinion on the K+S 2020 consolidated financial statements, according to a K+S release, cited by Bloomberg. The impairment loss on assets in the Europe+ operating unit now amounts to EU1.86 billion in the consolidated financial statements as of Dec. 31, 2020, around EU140 million lower than previously expected, according to the report. However, the unqualified audit opinion confirms that the impairment loss should not have been recognized earlier.
The Mosaic Co., Tampa, and Sound Agriculture, Emeryville, Calif., announced March 9 they have formed a strategic partnership to bring a revolutionary nutrient efficiency product to market to boost yields across major row crops and improve soil health. The companies will collaborate on the development and distribution of a proprietary mix of Sound Agriculture’s bio-inspired chemistry and key micronutrients. The partners said early data indicates the combination has potential to be a best-in-class product within the broader nutrient efficiency space.
