Fertilizer prices are on the rise as the spring planting season nears. Large demand and supply strains are part of the reason. In some instances, anhydrous ammonia prices have nearly doubled since fall 2020. “It’s as big of an 180 I think we’ll ever see in our lifetime,” says Josh Linville, Stone X fertilizer analyst. “We went from a situation where there wasn’t enough demand for the supply to a run-up in commodity prices, which meant more inputs were being applied. A lot of this is not only because of demand, but also because of world values have been skyrocketing.” While navigating these steep fertilizer prices, Linville encourages farmers to continue conversations with their local retailer. Stone X does expect prices to decline in the summertime. “However, these prices will reset higher than normal.” Hear more in this Red River Farm Network interview. Also, stay up to date on the fertilizer market courtesy of Stone X.
