Expect fertilizer prices to climb this fall, Sen. Grassley warns

Iowa Senator Chuck Grassley says fertilizer costs are top of mind for many farmers across the United States. He worries about consolidation, and he also makes a prediction about what lies ahead.

“The issue will become even more acute in the fall as farmers look to purchase next year’s fertilizer. I’ll continue pushing for the Administration to keep farmer input costs in mind.”

Grassley says there are a number of reasons farmers are worried about these costs, citing geopolitical issues, like the war in Ukraine and a drop in phosphate exports from China. Despite all of that, retail prices have stayed steady in the short term and remain below last year’s range.

Analysts with DTN say prices for all eight major fertilizer types were mostly flat last week, but seven are now higher than this time last year. Urea prices have climbed 32 percent over the past year. UAN-32 is up 30 percent, while UAN-28 is up 23 percent. Potash is the only fertilizer lower this year and about five percent below last summer.

Related Stories
Mike Steenhoek with the Soy Transportation Coalition discusses supply chain disruptions, rising costs, and the potential impact on agriculture as farmers navigate ongoing global uncertainty.
Suderman joins Tony St. James in the RFD Studios to discuss how geopolitical tensions are triggering global transport disruptions, new inflation pressures, and other challenges for agriculture to navigate.
Farm Bureau economist Dr. Faith Parum explains how geopolitical dynamics in the Middle East could further tighten fertilizer movement, increase fuel costs, and complicate planting decisions for U.S. farmers this spring.
Farm CPA Paul Nieffer explains the Farmer Bridge Assistance payment limits, provides clarity on new legislation, and offers advice for producers considering business structure adjustments.
For producers, success this season will require more than just a clean field; it will require meticulous record-keeping, a proactive written mitigation plan, and a constant eye on both the forecast and the federal docket.
Tidal Grow’s AlignN delivers encapsulated nitrogen to leaves, boosting in-season response, yield gains, and farm profits.

LATEST STORIES BY THIS AUTHOR:

The Surface Transportation Board rejects the proposed Norfolk Southern–Union Pacific merger, prompting concerns from agricultural shippers about rail consolidation, service reliability, and higher transportation costs.
Midland County Livestock Association President Brandon Mitchell reflects on another strong year for the event, including a premium sale that once again topped the million-dollar mark.
The Midland County Junior Livestock Show in West Texas features a competitive steer showcase highlighting top-quality cattle and the accomplishments of driven youth exhibitors.
CoBank Knowledge Exchange’s Jeff Johnston shares the group’s positive perspective on expanding data centers into rural areas and weighs the risks and rewards for those communities.
Farm CPA Paul Neiffer discusses how January’s WASDE report could impact ARC and PLC payments and updates on disaster relief programs as farmers navigate a challenging market environment.
Texas Commissioner of Agriculture Sid Miller joined us to discuss data center expansion, farmland preservation, rural economic impacts, and imminent cattle biosecurity concerns affecting agriculture today.