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The fertilizer price sticker shock is also happening with nitrogen. Ken Ferrie says nitrogen prices were already moving higher, but the Texas freeze didn’t help, as it put a further strain on production.
As farmers spring into planting preparation, they are facing sticker shock on fertilizer prices, an issue some say could last through spring.
Understand the fundamentals at play for prices.
The company says this product is built with its patent-pending combination of a co-polymer and solvent blend with time-tested active ingredients NBPT and DCD.
As NCGA sets priorities for the upcoming year during virtual Commodity Classic this week, it’s clear climate will be at the top of the list. NCGA CEO says climate will be the group’s biggest opportunity and challenge.
While analysts say it’s possible, yet not likely corn prices hit $18 per bushel, there are some factors fueling the market today. It’s not just the supply and demand scenario, but also the possibility of inflation.