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A Mid Kansas Co-op agronomist says urea, phosphate and UAN demand has reached unprecedented levels, leaving farmers worried about affording 2024 fertilizer. He described urea swings of about $400 within two months during the 2023 season.
Producers are weighing how input costs could keep rising into the new growing season.
Strong fertilizer demand and volatile nitrogen and phosphate prices raise input costs for US grain and feed producers. Uncertainty over affordability may influence planting decisions and feed grain supply.
farmtalknews.comEmily Zahurones, SergBobFeb 27, 2024Not 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.
