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The Fertilizer Institute's Jason Troendle expects high fertilizer prices to persist through next spring unless commodity and natural gas prices fall sharply. He noted that rice prices have lagged and expects some pullback in rice-related fertilizer use.
Sustained high fertilizer costs keep input expenses elevated for 2023 crops, which can reduce planted area and tighten feed grain supply over time.
farmprogress.comChris TorresNov 7, 2022Not 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.
