As farmers hit the fields for planting season, fertilizer prices are starting to track higher. Analysts with DTN found that three of the eight major types saw price jumps over 10 percent.
UAN32 gained 10 percent compared to last month, now at $439 per ton and five percent higher on the year. UAN28 and potash both jumped five percent on the month, and UAN28 is now three percent higher than this time last year.
Despite the recent gains, potash still remains nearly 10 percent off last year’s levels.
Related Stories
Landowners interested in protecting working ground through an easement now have another funding window open until the end of May.
Tennessee corn and soy farmer Josh Ogle joins us to discuss rapid planting progress in the state, improving moisture conditions, and early crop development challenges in the MidSouth region.
Beef is leading the decline as slaughter drops and supplies tighten.
Chad Fiechter joins us to discuss Purdue’s precision ag study, challenges in capturing value from technology, and what farmers should consider when investing in and adopting these tools.
The trip is giving them a firsthand look at farming beyond the U.S.
Ethanol demand held together last week, but lower production and thinner stocks put more focus on export strength. Production capacity is also strengthening over time and benefiting soybean farmers.
