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A Brownfield Ag News interview with a Wisconsin fertilizer dealer reports crop input prices rising sharply, with nitrogen prices changing up to twice a day. Phosphates are rising and showing availability shortages, while potash is up from $342 to $386 per ton since last April.
Rapid increases in nitrogen, phosphate and potash costs raise farm input expenses and may cut planted acreage or fertilizer application, with downstream effects on crop supply. The source is a single dealer's anecdotal view rather than a market-wide data release.
brownfieldagnews.comLarry LeeFeb 11, 2021Not 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.
