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Farmers report sharply higher quotes for fall fertilizer, with potash at $1,000/ton and anhydrous ammonia at $850/ton. Corn futures have fallen below $4, down more than 50% from the 2022 peak above $8.
NCGA chief economist Krista Swanson says the corn-to-phosphate ratio is at a record high.
Falling corn prices combined with high fertilizer costs squeeze farm margins and could reduce 2026 acreage or input use, which bears on future corn supply. Feed buyers face soft corn prices now but potential tightness later if production falls.
agweb.comAug 8, 2025Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
