A new Rabobank review indicates that growers can expect a healthier supply of fertilizers compared to last year.
It also shows prices could trend lower as well for phosphates and potash as the war in Ukraine continues. The group says the two fertilizers are flowing more steadily out of Russia, and U.S. supplies are “comfortable enough.”
Nitrogen prices, however, are forecast to increase 20-30 percent at the wholesale level between now and the end of the year.
Related Stories
Due to the tragic events that occurred on the UNLV Campus on Wednesday, Dec. 6, the Wrangler 2023 NFR will run through Saturday, Dec. 16 with the 10 full rounds set to determine the PRCA World Champions.
The Clark Family, of Brownwood, Texas, are finalists for the state’s Young Farmers & Ranchers award. Known for cultivating a thriving ranching operation across five generations, the current steward, Jay, is doing so with an ever-growing commitment to regenerative practices.
Trimble’s Product Manager Alex Ngu joined us Thursday on the Market Day Report for a deeper dive over what the technology is and how it can best serve farmers.