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What in the World is Going On With Glyphosate Prices?



An explosion at a Dow Chemical plant in Louisiana isn’t expected to disrupt ag chemical supplies in the U.S., according to Rabo AgriFinance. That’s as the industry seems to be swimming in supplies of key inputs such as glyphosate, forcing suppliers and ag retailers to cut prices in an effort to get rid of unused supply.


An explosion and fire broke out at a Dow Chemical plant in Plaquemine, Louisiana late Friday night. The site produces several different chemicals, including one used as a fumigant in agricultural products. There hasn’t been any information released about a possible cause, but reports indicate at least six explosions occurred Friday night at a Dow manufacturing site that covers 883 acres. The incident caused a large mushroom cloud of smoke.


By TYNE MORGAN

July 19, 2023

agweb.com


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