U.S. Ag Chemical Producers in Tight Market as Recovery Jolts Demand, Crop Prices

SUGAR LAND--July 14, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--As U.S. consumers continue to recover from pandemic-driven lockdowns, the market for agricultural chemicals, particularly fertilizer products such as ammonia and urea, is seeing unprecedented growth in demand, with supplies tightening and prices sometimes hitting historical highs. Industrial Info is tracking more than $8.4 billion in capital-spending projects for agricultural chemicals across the U.S. that have a medium (70% to 80%) to high (81% to 99%) likelihood of beginning construction as scheduled.

Within this article: Details on some of the highest-valued projects for agricultural chemicals in development, including those from major companies such as Gulf Coast Ammonia LLC, CF Industries (NYSE:CF), Midwest Fertilizer Company LLC and Corteva Agriscience.