Fertilizer Trends: When is the right time to lock in prices?

Domestic fertilizer prices are holding steady ahead of the spring planting season.

Researchers at S&P Global Commodity Insights discovered several trends last month. They expect ammonia prices to hold steady during the early spring, but higher prices are expected to return for pre-planting applications.

Urea prices are expected to remain soft until we get closer to spring, and buyers should consider locking in prices ahead of the rush.

Phosphate is stabilizing in the short term and could stay that way if winter weather remains calm.

When it comes to potash, analysts expect prices to remain flat with a potential to go slightly higher, but a lot could depend on supply contract negotiations.