As farmers prepare for the next growing season, fertilizer analysts are monitoring supplies. They have found several differences in key chemicals.
Analysts say potash will be in good supply next year. Josh Linville with StoneX says supplies have been steady from Belarus and Russia, allowing them to flood the market, and that is despite sanctions placed on Russia after they invaded Ukraine.
The potash market this year was able to get by without many disruptions, a move that has put it in a good place for the upcoming season.
Analysts with DTN say concerns will likely continue in the phosphorus market for some time, well into next year.
Related Stories
Higher input costs and tighter cash flow are keeping pressure on farm income, credit needs, and capital spending.
Grain movement remains active, but high ocean freight and diesel costs continue to pressure export logistics.
Cattle producers met with lawmakers to discuss the issues continuing to impact ranchers across the country.
Founder Jon Mollhagen says automation continues playing a larger role in reducing labor demands and animal stress.
The Meat Institute says meat sales reached a record $112 billion last year as protein demand remained strong nationwide.
National Potato Council CEO Kam Quarles says potato wart could have devastating consequences for U.S. growers and export markets.
