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What are the three nutrients used to fertilize a field? Nitrogen (N) Phosphorous (P) and Potassium (K)
What does Nitrogen do for a crop? Yield and Quality (synthesis of protein)
What does Phosphorous do for a crop? Plant growth and yield (limiting nutrient)
What does Potassium do? Taste and nutritional value
In what form is nitrogen used? ammonia NH3 and is also the foundation for other fertilizers
In what form is phosphorous applied? monoammonium phosphate MAP or diammonium polyphosphate DAP
What are the feedstocks to produce ammonia nitrogen fertilizer? Air and natural gas
What is phosphate derived from? Phosphate rock with the help of sulfur and ammonia
In what proportions are the fertilizers used around the world? N 60%, P 24%, K 16%
What is a common potassium fertilizer? muriate of potash
What are the drivers of fertilizer prices? Inputs (50%) wages (8%) Fuel (10%), Trasportation, Supply and Demand disruptions (weather mostly)
Does Nitrogen Fertilizer (ammonia) correlate with natural gas prices? Natural gas prices are falling while ammonia is rising.
Created by: curtiss