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2022 Crop Profits Could Depend on the Fertilizer Market

Posted June 24, 2021
in Top Ag News

Costs for fertilizer have continued their upward trajectory — the price of N, P and K are up $50 for an acre of corn since last fall. Shipping woes, plant shutdowns, politics and trade disputes are indicators for current market conditions. Analysts are not optimistic for relief on the horizon and 2022 nutrient prices are already threatening next year’s corn profits. Last week’s corn and soybeans shake up caused a retreat in phosphates and nitrogen pricing but it was short-lived. Find out how this may affect the much-needed crop production expansion.

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