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Calmer waters ahead on input market

Farmers can breathe a sigh of relief knowing crop input prices have stabilized as the world adapts to global supply challenges.

That was the message as Farm Credit Canada provided its latest update on input prices for the 2024 crop year.

Fertilizer prices reached new highs in 2022 when the war in Ukraine threw a wrench in the machinery of global supply when it was already tight. For months, chaos reigned in the markets as a result of the conflict and related international sanctions against Russia and its ally, Belarus.

Natural gas prices skyrocketed as Russian supply choked off, leaving previous European customers scrambling to find new suppliers. Russia was previously Europe’s main supplier of natural gas, while both Russia and Belarus are important fertilizer exporters. With that supply off the table, global fertilizer demand surged.

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Have Yourself a Country Christmas | © 2026 Hinton Songworks

Video: Have Yourself a Country Christmas | © 2026 Hinton Songworks


Michael Hinton is an agricultural heritage advocate, songwriter and 2025 National Agricultural Hall of Fame inductee based in Hutchinson, Kansas. Widely known as “America’s Antique Tractor Ambassador,” Hinton has combined his passion for vintage farm machinery, agricultural history, and storytelling to celebrate the people, equipment and rural communities that have helped shape American agriculture.

Through Hinton Songworks, Hinton writes and produces country, Christian-country, inspirational, and holiday music inspired by rural life, faith, family, hard work, dreams, and the experiences that connect generations. His songwriting serves as a creative extension of his agricultural preservation work, giving a musical voice to many of the stories, emotions, and memories behind the “old iron” he has spent years celebrating.