With input prices on the rise – many farmers are looking for options available to provide the maximum return on investment. A formulation of products released earlier this year allows farmers to decrease the potential loss of nutrients from manure used as a fertilizer. Tony Donoho with SFP says their More Than Manure (MTM) protects both the phosphorus and nitrogen – ultimately giving the crop more nutrients which can lead to higher yields.
Reuters reports a new study showing the world will not run out of phosphorus, a key fertilizer component for agriculture, comes as BHP Billiton fights to take control of the world’s third-largest phosphate producer in a $39 billion hostile bid.
The International Fertilizer Development Center says there’s an estimated 60 billion tons of phosphate reserves and another 290 billion tons of raw global phosphate rock resources for several hundred years.
Phosphorus is a non-renewable mineral – one of three essential nutrients to grow crops.