National Agri-Marketing Association
NAMA Website
Upcoming Events
Chapters
Agri-Marketing Conf
Best of NAMA 2020












AFTER DROPPING 40%, NITROGEN FERTILIZER PRICES ARE RACING UPWARD
By Tyne Morgan, AgWeb.com



High input prices continue to be a pain point for farmers planning their 2023 crop needs, and nitrogen prices are now seeing a resurgence heading into fall. Experts say the price of natural gas isn't the only driver fueling the market as farmers look to book their fall needs.

Nitrogen prices averted a major disaster on Friday when rail companies and rail unions reached a tentative agreement and avoided a possible strike. Even with the positive news, this chart from StoneX Group shows prices are climbing back toward the highs producers saw last spring.

One ag retailer in Missouri told AgWeb anhydrous prices for falls needs were:

$800 per ton during the fall of 2021
$1500 during the spring of 2022
Farmers booking fall anhydrous today are paying $1325

A retailer located in Iowa also reported a fertilizer price increase this fall. The location reported:

Prices started around $700 during the fall of 2021 and jumped to $1500 by the end of last fall
Prices jumped to $1,700 during the spring of 2022
Farmers looking to book for fall of 2022 saw prices that started at $1000 per ton, but now it's more than $1400 per ton

What's Behind the Price Increase for Fall?

To continue reading article, Click Here


Search News & Articles
















Proudly associated with:
American Business Media Canadian Agri-Marketing Association National Agri-Marketing Association
Agricultural Relations Council National Association of Farm Broadcasters American Agricultural Editors' Association Livestock Publications Council
All content © 2022, Henderson Communications LLC. | User Agreement