Above Average: The future of nitrogen prices

Ag economists suggest anhydrous ammonia prices could be up to $1,100 per ton for spring 2023, down from current prices but still significantly higher than normal.

According to the University of Illinois and Ohio State University, nitrogen prices could continue to go up due to weather and the war in Ukraine.

While there are still concerns about availability, researchers say access issues will likely only occur if weather conditions disrupt national gas or nitrogen production.

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While this adjustment is substantial in percentage terms, according to David Widmar with Agricultural Economic Insights—it is part of the natural ebb and flow of the agricultural economy.