Exciting news: we are expanding our offering!
During the month of November, we will be launching two very exciting new initiatives:
1 - The first is the expansion of our organic fertilizer products to include liquid fertilizer products. We will be bringing our clients the best quality organic liquid fertilizer at a great price.
2 - The second big development during November is the launch of our online store! Our online store will be up and running before the end of November. Our focus will be to offer organic fertilizer products to homeowners, and we will be launching several new products in this space. Customers will be able to order on our website and have products delivered to their doorstep nationwide.
Successful results from one of the biggest Chili farmers on the continent!
Very successful results have been received by one of the largest chili farmers on the continent using our organic granulated fertilizer. The farmer reported the fastest germination of the plants that they have ever experienced - two week earlier than usual. All the plants show very healthy leaves and overall plant growth within the first 2 months of planting has been exceptional. More updates to follow in next month's newsletter.
TFM at the MalanSeuns Trade day!
On 19 October, TFM was present at the MalanSeuns Trade day to exhibit our products to wholesale customers. There was an excellent turnout of clients and various nurseries and independent consultants who are looking to go organic! We would like to thank every person that came to have a chat with us and enquire about our products.
We also want to give a big shout-out to the MalanSeuns team for their excellent hospitality. We will certainly exhibit at their trade days next year.
TFM exhibition at the Organic and Natural expo!
From 21 to 23 October 2022, the TFM team had the privilege to exhibit at the organic and nature expo at The Deck, Wanderers stadium.
We would like to thank every single person who came to view our product and all the excellent complements received! This was an event not to be missed for all enthusiasts of organic products. .
Thank you to the organizers for hosting such a great event.
We hope to see you there again next year!
It's "Black Friday Month" at TFM!
In celebration of Black Friday, The Fertilizer Market will be having great product specials for the entire month of November! Instead of one day, we want to give our customers a month of great deals.
In order to participate, please send an email to info@thefertilizermarket.co.za with the heading "November monthly specials" and we will send you all the deals available. We look forward to hearing from you.
INDUSTRY NEWS!
Africa urged to end reliance on imports
Wheat export disruptions from Ukraine have already affected numerous importing countries.
The conflict between Russia and Ukraine has worsened commodity price increases. As a result, farmers in Africa face serious fertilizer shortages. Plans are now afoot to avert a famine in parts of Africa.
The African Development Bank (AfDB) approved a $1.5 billion financing facility for emergency food production, with the aim of averting a looming food crisis.
AfDB president Akinwumi Adesina told Reuters, “Africa should not allow itself to be vulnerable in excessively depending on others, whether it is for vaccines or whether it is for food.”
The Bank will help 20 million farmers around the continent to produce 38 million tonnes of food. Adesina said the bank had already received requests from countries to draw on the fund.
“Once those things come to our board, they are swiftly reviewed and approved, and the money is out at the door,” he said. Many countries are still struggling to rebound as they are facing rising inflation and food shortages aggravated by the war in Ukraine.
Soaring price of fertilizer
The fertilizer costs have reached their highest level since 2010. Fertilizer shortages could result in lower agricultural yields.
According to fertilizer manufacturer Omnia, prices of fertilizer input materials have gone up by between 200% and 400%. Aid agencies have warned that rising input prices could force Africa’s smallholder farmers to reduce plantings.
Omnia supplies fertilizer to both commercial and smallholder farmers in several sub-Saharan African countries, including South Africa, Zimbabwe, Zambia, Mozambique, Kenya and Tanzania.
Russia’s invasion of Ukraine has prompted a global food crisis and fears of worse to come.
African countries are acutely affected by the growing crisis, which has sent prices of grains, cooking oils, fuel and fertilizer soaring. Russia and Ukraine account for nearly a third of global wheat supplies and Ukraine is a major exporter of corn and sunflower oil.
Wheat export disruptions from Ukraine have already affected numerous importing countries.
Nigeria’s annual inflation quickens to the highest level in five and a half years. Food prices, a major headline component for Nigerian inflation, were up 20.6% year-on-year in June. The central bank in May raised the benchmark interest rate by 150 basis points to 13%.
EU initiative
European Union (EU) was planning an initiative that would structurally decrease poorer nations’ reliance on Russian fertilizers. Russia and Belarus are major producers.
However, some fear that plans to invest in plants in Africa would clash with EU green goals. EU warned that supporting fertilizer production in developing nations would be inconsistent with EU energy and environment policies.
The EU has attempted to assist its poorer neighbours in Africa and the Middle East in weathering the crisis by sending new funding, while also trying to persuade them that EU sanctions against Moscow and Minsk are not to blame for the food crisis.
At a summit of EU leaders in June, the EU announced a new program to reduce poorer countries’ reliance on Russian fertilizers by assisting them in developing their own fertilizer factories. However, during that meeting, EU Commission explicitly opposed the text, stressing that financing fertilizer manufacturing in developing countries would be contradictory to EU energy and environmental policy, officials said.
Chemical fertilizer production has a significant environmental impact and necessitates a significant amount of energy. They are, nevertheless, extremely effective in increasing agricultural yield.
G20
The Group of 20 major economies’ finance chiefs pledged to address global food insecurity and rising debt. However, little progress was made amid divisions over Russia’s war in Ukraine.
US Treasury Secretary Janet Yellen said the differences prevented a formal communique from being issued. The G20 will set up a joint forum between finance and agriculture ministers to address the food and fertilize supply issues.
The failure to agree on a communique reflected the weakness of the once-mighty economic grouping, analysts said. Western countries were frustrated that Chinese officials did not attend the meetings in person.
Fertilizer manufacturer Omnia Holdings says African governments are increasing support for smallholder farmers amid fears that input costs could cut crop production and worsen food insecurity.
Aid agencies have warned that rising input prices could force Africa’s smallholders to reduce plantings of staple grains such as maize. Africa urged to end reliance on food and pharmaceutical imports - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.
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