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.
Ohio farmer Chris Gibbs joins us to discuss planting progress, weather conditions, and how geopolitical tensions are clouding his growing season outlook as input concerns continue to escalate.
RealAg Radio’s Shaun Haney and other experts break down ongoing energy market volatility, its impact on producer decision-making, and key indicators farmers should monitor moving forward.
Cotton margins improved slightly, even as fertilizer and fuel costs rose due to the Strait of Hormuz disruption linked to the Iran war.
The latest developments point to shifting export routes, higher congestion risk, and continuing cost pressure for grain, fertilizer, and energy shipments.
Purdue University’s Dr. Michael Langemeier joins us to break down the latest read on farmer sentiment in the April Ag Economy Barometer, and growing concerns about the impact of global conflict on farm inputs and income.
StoneX’s Josh Linville discusses USDA’s efforts to boost domestic fertilizer production and his outlook on supply and prices.
