Citing Tariff, Albaugh Raises Prices

Albaugh, the U.S. agrichemical manufacturer and formulator, issued the following statement, following the U.S. government’s move to impose tariffs on certain Chinese products imported into the country:

On Sept. 17, 2018, the United States Trade Representative announced an extra 10% tariff on imports of a long list of products from China. The list includes several raw materials and active ingredients used by Albaugh and other crop protection companies to produce herbicides, insecticides, fungicides and growth regulators for American farmers.

Though Albaugh has a very diverse supply chain based on production in the USA, Argentina, Mexico, Brazil, Europe and India, on some products only China offers commercially or viable supply. In such cases, we are left with no alternative but to increase prices reflective of the higher tariffs. Additionally, it has been announced that the new tariffs will be increased to 25% beginning January 1, 2019, in which case prices will again be adjusted.

Albaugh supports free and fair trade globally and recognizes the need to improve the trade relationship between the USA and China. However, the effect of these additional tariffs will be price increases on much needed crop inputs and thus place an unfair burden on farmers.

We value your business and urge you to advocate for our farmers in your dealings with your federal, state and local officials and representatives.

Topics: ,

Leave a Reply

Agrichemicals

La-Hornilla-Gesex
Agrichemicals

HELM Agro Fungicide Approved in California

HELM Agro US, Inc. announced that the California Department of Pesticide Regulations (CDPR) has approved Helmstar Plus SC fungicide for

Indonesia_rice
Asia

Fungicide Use on the Rise in Indonesia

The global crop protection market in 2017 increased at a rate of 1.9% in nominal terms over that of 2016.

Helena-Warehouse
Agrichemicals

Crop Protection Tariffs Webinar: Understanding the Impact

The Trump Administration’s tariff strategy is straining business operations in the crop protection market. It has imposed a 10% tariff

Indian-Farming-Source-PTI
Agrichemicals

Mahindra, Sumitomo Ink Crop Protection JV

Mahindra and Sumitomo Corporation will have a 60 percent and 40 percent stake, respectively.

Rice
Agrichemicals

BASF Launches Revysol Fungicide in South Korea

With the first global regulatory approval for the new compound received from South Korean authorities earlier this year, farmers in the country will be among the first in the world to benefit from the company’s latest offering.

Warehouse
Agrichemicals

Agrichemicals: The Politics of Channel Management

Editor’s note: This article was originally published on LinkedIn. Many years ago, there used to be a notorious gang of

Agrichemicals

Willowood USA to Hike Prices on Tariffs

Willowood the latest U.S. agrichemical company to announce price hikes.

Agrichemicals

BASF’s Inscalis Receives EPA Registration

Inscalis active ingredient was discovered by the Japanese company Meiji Seika Pharma Co. Ltd (Meiji) and the Kitasato Institute.

Corn Field
Agrichemicals

Identifying Uncontested Market Spaces in the Global Crop Protection Industry (Part 3)

Editor’s note: This is the third of seven articles in a series on Strategic R&D Management in AgChem and BioScience

Agrichemicals

Bayer Partners with Genedata to Digitalize Crop Science R&D

Genedata will be supporting Bayer in the processing, storing, analysis and evaluation of genomic data for the development of new innovative fungicides against field fungi.

Agrichemicals

What to Do If You Have Products Subject to New U.S. Tariffs

The new retaliation lists hit almost every product that the Chinese import from the U.S.

Agrichemicals

Bayer Outlines Vision for Future for Ag

The company intends to broadly launch FarmRise in India in 2019, with additional expansion plans in the future for Asia, Africa and South America.

Agrichemicals

How Higher Tier Testing Would Answer the Neonicotinoid Question

Fera Science has built Europe’s largest free flow mesocosm to test the impact crop protection chemicals like pesticides and biocides have on aquatic ecosystems.

AgroStar
Agrichemicals

Should Agri-Input Manufacturers Outsource E-Commerce to Startups?

Editor’s note: This article was originally published on LinkedIn. Now, when we work with this question, depending on where the

Agrichemicals

Glyphosate Still Under Threat in Brazil – Report

Brazil's farmers will face higher costs if they are forced to procure substitute herbicides.

Herbicides

HELM Agro U.S. Launches New Line of Fearless Herbicides

HELM Agro US, Inc. has received EPA registration for FEARLESS and FEARLESS XTRA herbicides, two acetochlor-based weed control tools for

Figure 1: Summary of R&D management activities.
Agrichemicals

Strategic R&D Management in the Global Crop Protection Industry (Part 2)

Editor’s note: This is the second of seven articles in a series on Strategic R&D Management in AgChem and BioScience

Agrichemicals

Brazilian Court Overturns Glyphosate Ban

Judge based ruling on government's argument that the ban could harm Brazil's economy.

Agrichemicals

With California Glyphosate Verdict, Full-Blown Chemical Warfare Has Started

God, I sometimes hate being right. Frequent readers of this column might remember that not too many months back I predicted that, since things seemed to be going pretty good for crop protection products in terms of sales, market opponents would begin redoubling their efforts to “take down” this segment in any way possible.

Latest News

Asia

China Eases Pollution Campaign in Move to Offset U.S. Tariff Impact

China’s government announced it is scaling back its pollution control campaign this fall and winter, in an effort to offset

Agrichemicals

HELM Agro Fungicide Approved in California

HELM Agro US, Inc. announced that the California Department of Pesticide Regulations (CDPR) has approved Helmstar Plus SC fungicide for

Asia

Fungicide Use on the Rise in Indonesia

The global crop protection market in 2017 increased at a rate of 1.9% in nominal terms over that of 2016.

Biopesticides

Bayer Biological Product Registered in France

Bayer said its Serenade ASO fungicide/bactericide has received registration in France for foliar and soil applications on a wide range

Americas

Paraguay: A Hidden Gem in the Agrichemicals Market

Whenever agchem players think of the South American markets, Brazil will be the one that comes to mind. It became