Fertilizer will be hitting the dirt this spring, but nitrogen availability has been a question, and prices are rising.
“Nitrogen is one of the most important inputs for most growers across the Midwest. It’s also one of the highest inputs, and for good reasons, because it’s the number one driver of yield and protein if you’re concerned with that in the field, and the one thing we know that we can control to increase yields pretty easily because of how limited it is in most fields and most environments,” said Robb Muhr.
All eight major fertilizers are higher in price this week. Analysts with DTN found UAN32 rose nine percent, while UAN28 went up seven percent. Other types also saw price hikes, but none by more than five percent. Four are now higher in price than this time last year, which includes DAP, 10-34-0, UAN23, and UAN32.
