Recent Newsletter from The Cotton Club…
Don’t Miss the 0% Financing Deadline
There’s still time to lock in 0% financing for the entire 2023 season! We just need to get you approved for input financing w/ a minimum order to qualify before January 20th. We also have multiple discounts on seed and staple products that are still in play –but, we need to get together soon to lock in the best prices before these specials expire!
Cash & Truckload Discounts…
If you are looking for cash discounts on your crop inputs this season we will be more than happy to help you out. You are more than welcome to browse our website or mobile app, but if you want to just send me (or your local representative) a list of products we will be happy to get you cash pricing. We are also able to provide truckload discounts on key products like Glyphosate, Glufosinate, Atrazine, and Paraquat. Just give me a shout: (501) 206-1664 and I’m happy to help you find the best deal available!
2023 Crop Protection Industry Outlook…
I get a lot of questions from growers and others in the industry as to what the outlook for crop protection inputs looks like for the 2023 season so I wanted to include some updates for everyone:
- What Impact will China Have?
Covid restrictions are coming back w/ significant infections being reported across the country. These shortages have resulted in labor shortages in their manufacturing sector, this will have an impact on production. Despite COVID, their currency is stronger and as a result this will drive costs up for US consumers.
- Product Outlook: Glyphosate
Expect stabilization in the marketplace early w/ adjustments. Inventory in China and “on the water” is lean due to reductions in production. Supply in the United States should be sufficient to get the season started –but production in China has been curtailed by 60% for the past 3 months (so give that time to catch up to supply chain). We currently have great prices on Glyphosate, just respond to this email or give me a shout if you are interested in learning more!
- Product Outlook: 2,4-D
Currently in tight supply, particularly the ester formulations, where European energy issues have impacted production of the alcohols involved in production. I’ve been told that our 2,4-D LV6 price is very competitive.
- Product Outlook: Atrazine
Supply is currently stable. Inputs are largely unaffected over past several months and supply is reasonably balance in comparison to demand. We currently have some very competitive pricing on Atrazine, if this is something you are interested in looking at for the 2023 season, drop me a note!
- Product Outlook: Metolachlor
Currently in tight supply. Outages in European plants have caused shifts to suppliers in China that have been consuming available production bandwidth capacity. We have competitive pricing on both Metolachlor and S-Metolachlor
- Product Outlook: Dicamba
Some reductions in production have been seen in China w/ output down due to recent shutdowns. We have all variations of Dicamba in stock. Our most popular this season so far has been Dicamba DMA.
- Product Outlook: Fungicides
Current supply is stable. India’s output has been covering the shortfalls from European suppliers. Increased moisture during the season might drive sporadic purchasing so keep an eye on fungicides. Our most popular fungicide in the mid-south this season so far has been Azoxyprop
- Product Outlook: Insecticides
Current supply is stable, India’s output has increased versus prior years. Pricing on insecticides has been relatively flat recently. I know that it’s hard to predict insect pressure pre-season, but mid-south growers usually will try to lock down products like Acephate that they know they will use at some point during the season.
- What is the Global Freight Outlook?
Global freight rates are returning to 2019 levels. We are also seeing 91% lower costs versus 12 months ago. Supply appears to be largely stable with sufficient container and port capacity. Improved reliability from all modes; rail, truck, ocean, etc., will take some of the uncertainty out of the supply chain this season. Don’t forget that all orders over $5k receive free shipping w/ FBN.
Upcoming Events in the Mid-South…
Our team will be attending the following events in the coming weeks here in the Mid-South. If you plan to attend any of these events be sure to either look for our booth or drop me a note prior to the event and we’d love to schedule some time w/ you!
- Delta Ag Expo – Cleveland, MS
- Arkansas Grown Expo – Little Rock, AR
- Cotton & Rice Conference – Baton Rouge, LA
- ASU Agribusiness Conference – Jonesboro, AR
- Mid-South Farm & Gin Show – Memphis, TN
Let’s Get Started Today!
In closing, I’d like to invite you to give me, or your local FBN representative, a shout today (501) 206-1664, to discuss your crop protection needs for the 2023 season. We would love to schedule some time to meet w/ you in person at your operation, just let us know when you are available! If you’ve never done business w/ FBN before this is the perfect time to give us an opportunity!
Thanks, look forward to connecting w/ you soon!
Farmers Business Network
335 Hogan Lane, Suite 200
Conway, AR 72034
Direct: (501) 206-1664
Questions or Comments?