Nutrien Expects 'normal' Fertilizer Prices in 2023

fertilizer
fertilizer
(AgWeb)

After a year of price volatility for agricultural inputs, 2023 is set to be a “normal” year for fertilizer and pesticide costs, an official at top Canadian fertilizer maker Nutrien told Reuters.

“The war in Ukraine generated all sorts of expectations around a shortage of products. After May, prices began to fall,” Nutrien CEO for Latin America Andre Dias said. He added that 2023 will be a more normal year with less volatility than 2022, with a more “settled” market despite what Dias said was expected Russian surcharges on fertilizers.

Read more from Pro Farmer.

 

Latest News

A Margin Squeeze is Setting in Across Row-Crop Farms, and 80% of Ag Economists Are Now Concerned It'll Accelerate Consolidation
A Margin Squeeze is Setting in Across Row-Crop Farms, and 80% of Ag Economists Are Now Concerned It'll Accelerate Consolidation

There's an immense amount of pressure riding on this year’s crop production picture, and with a margin squeeze setting in across farms, economists think it could accelerate consolidation in the row-crop industry. 

How Do Wind, Solar, Renewable Energy Effect Land Values?
How Do Wind, Solar, Renewable Energy Effect Land Values?

“If we step back and look at what that means for farmland, we're taking our energy production system from highly centralized production facilities and we have to distribute it,” says David Muth.

UPL Acquires Corteva’s Mancozeb Business
UPL Acquires Corteva’s Mancozeb Business

Mancozeb is a highly effective fungicide used to prevent plant diseases across a range of crops.

University of Nebraska Professor Leads RNAi Research Targeting Western Corn Rootworm
University of Nebraska Professor Leads RNAi Research Targeting Western Corn Rootworm

Research underway at the University of Nebraska-Lincoln is showing promise by targeting western corn rootworm genes with RNAi technology.

DJI Launches New Ag Spray Drones
DJI Launches New Ag Spray Drones

Building on the Agras drone line, the T50 offers improved efficiency for larger-scale growing operations, while the lightweight T25 is designed to be more portable for smaller fields.

New Jersey Woman Receives Pig Kidney and Heart Pump in Groundbreaking Surgery
New Jersey Woman Receives Pig Kidney and Heart Pump in Groundbreaking Surgery

A New Jersey woman fighting for her life received an incredible gift from a pig last month at Massachusetts General Hospital.