Farms.com Home   News

Farmers Facing Higher Fertilizer Prices

With higher grain prices, farmers are facing higher fertilizer prices.
 
John Heard is as soil fertility specialist with Manitoba Agriculture.
 
"I've seen the grain prices increasing and when grain prices increase, farmer demand increases," he said. "As farmer demand increases, that tends to shorten the supply and increase prices. We've seen that with nitrogen because nitrogen is directly related to corn yields and other things in the States. The Americans also have put some duties on imported phosphorus from Morocco and Russia. That is tightening supply of phosphorus."
 
Heard notes a good portion of fertilizer was applied in the fall when prices were lower. He adds many farmers purchased in the fall and are storing over the winter.
Click here to see more...

Trending Video

Houston, we have a problem with Canola + Screwworm in U S Cattle!

Video: Houston, we have a problem with Canola + Screwworm in U S Cattle!


A wet weather forecast for the Canadian Prairies this weekend into next week could result in flooded just planted acres plus unseeded canola acres!
New screwworm detected in Texas could devastate the tight U.S. cattle herd.
U.S. $ Index breaking above $100 while the CDN $ breaking below 72 cents.
Bitcoin once a rising star is back to testing support at 60,000 and the 200-DMA at 61.989.
Broadcom revenue disappointment set off a rotation out of tech stocks ruining the AI party.
Looks like tough times for negotiating CUSMA as the deadline for July 1 will come and go.
Short-term weather forecast remains non-threatening with a warm/wet forecast but long-term looks hot/dry for July/August/Sept for U.S. corn belt.
+ CFTC.