All NewsEducationTV
Equities & FundsCrypto & Digital AssetsAI & TechnologyBusiness & CorporateUS Politics & PolicyGeopolitics & Global RiskMacro, Rates & FXCommodities & EnergyEuropean Politics & MarketsAsia-PacificReal Estate & Property
All NewsHome
← Back to Commodities & Energy

Superior Ag opens new fertilizer river terminal

Created at 26 Aug · 1:56 PM1 source↑ Market-relevant
IN SHORT

Superior Ag has opened a new 32,000-ton dry fertilizer terminal on the Ohio River in Rockport, Indiana. The facility aims to improve logistics and provide cost-effective access to crop nutrients for farmers in southwestern Indiana and northern Kentucky.

Key Numbers

32,000-tonnew fertilizer terminal capacity
40,000 tonsproduct on vessels from New Orleans
1,500 tonsper barge
40, 50 yearsexpected operational lifespan

Who's Involved

Superior Ag
Company that opened a new Ohio River fertilizer terminal
Richard Lloyd
CEO of Superior Ag
Superior Ag opens new fertilizer river terminal

↳ Why This Matters

The new terminal aims to provide farmers with more cost-effective and reliable access to essential crop nutrients, potentially easing financial pressures exacerbated by global supply chain disruptions and geopolitical conflicts impacting fertilizer prices.

Key facts

  • Superior Ag has opened a new 32,000-ton dry fertilizer terminal on the Ohio River.
  • The facility is located in Rockport, Indiana, and will serve southwestern Indiana and northern Kentucky.
  • The terminal offers direct river access, improving logistics and storage capabilities for crop nutrients.
  • Company leadership highlighted the terminal's role in mitigating high fertilizer prices influenced by geopolitical events.
  • The facility is designed to ensure farmers have access to competitively priced fertilizer for the next 40-50 years.
  • Superior Ag has officially opened its new 32,000-ton dry fertilizer terminal on the Ohio River in Rockport, Indiana. The facility, which includes a ribbon-cutting ceremony and community open house, is designed to enhance logistics and provide greater flexibility for serving farmers in southwestern Indiana, northern Kentucky, and surrounding regions.

    According to CEO Richard Lloyd, the terminal's direct river access allows for efficient receipt of fertilizer via barges, potentially mitigating the impact of price volatility caused by global events such as the war with Iran and the Russia-Ukraine conflict. Lloyd emphasized that the facility strengthens Superior Ag's ability to receive, store, and distribute crop nutrients, aiming to provide members with access to competitively priced products for decades.

    The state-of-the-art terminal features modern unloading, storage, and handling capabilities. It is expected to be fully operational within the next couple of weeks, with the first barges scheduled to arrive shortly.

    Frequently asked questions

    The new Ohio River Terminal has a capacity of 32,000 tons.

    The terminal is located in Rockport, Indiana, on the Ohio River.

    The terminal will handle dry and liquid fertilizer.

    It will improve logistics, provide direct river access, and offer more cost-effective access to fertilizer, potentially helping farmers avoid high prices driven by global events.

    What Happens Next

    01First barges are expected to arrive at the terminal next week.
    02The facility will be fully operational within the next couple of weeks.
    CME Headlines
    • Live Cattle futures hit lowest price since December.
      25 Aug · 9:27 PM
    • Live Cattle futures hit lowest price since December.
      25 Aug · 9:27 PM
    • Corn futures mark fifth straight gain as crop ratings decline.
      25 Aug · 9:26 PM

    How It Developed

    Superior Ag celebrated the opening of its new Ohio River Terminal.
    The 32,000-ton dry fertilizer terminal is located in southern Spencer County.
    The facility provides direct river access for receiving and distributing fertilizer.
    CEO Richard Lloyd stated the terminal will improve efficiency and cost-effectiveness for farmers.
    The terminal is expected to be fully operational within weeks, with the first barges arriving soon.

    Sources

    T1
    Superior Ag opens new fertilizer river terminalWorld Grain
    T2
    Superior Ag Ohio River Terminal Grand Opening in Rockport14news.com
    T2
    Ohio River Fertilizer Terminal - Superior Agsuperiorag.com

    Related Stories

    First US continental wave energy testing site opens off Oregon coast
    26 Aug · 1:36 PM
    Barito River bottleneck hits Indonesian coal flows
    26 Aug · 10:46 AM
    Seven Tankers Loading Iraqi Crude at Once
    25 Aug · 7:46 PM
    Asian shipper pays record $5.3M for Panama Canal transit
    25 Aug · 7:11 PM
    Komatsu triples US maintenance hub size amid AI copper demand
    26 Aug · 2:31 PM