The use of nitrogenous fertilizers in Grains & Oilseeds is growing due to increase in demand of major grains and oilseeds such as soybean, wheat and corn. The increase in demand for soybean is basically due to the diverse use of soybean crops such as soy milk, tofu, and biodiesel. Global acceptance of biotech treated soybeans in the recent times; the increasing oil prices and bio-fuel demand is driving the demand for soybean. Latin America is the fastest growing segment for grains & oilseeds.

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The nitrogenous fertilizer market is highly consolidated and rationalized. Nations that have a constricted supply-demand status of fertilizers discourage the export of these. Bans and higher duties on fertilizer are made to meet their domestic demand and also frequent change in policies restricts manufacturers to expand their business aggressively. The influence of China’s export policy on its domestic producers often impacts the available supply and global trade fundamentals. Asia-Pacific being the largest rice-producing region, and Latin America being the largest corn and sugarcane-producing region, attract global investors’ attentions.

Grains & Oilseeds such as Wheat, Rice, Maize, Soybeans, Barley, Sorghum, Sugarcane and Sunflower are the end users of the Nitrogenous Fertilizer market. Oilseeds and vegetable seeds are used to extract vegetable fats and oils which are known as lipids. Grains are dry seeds that are harvested for animal and human consumption as a source of carbohydrates for them. Nitrogenous Fertilizers are inorganic fertilizers that are added to crops and plants for their proper growth and development.

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