Fertilizer prices expected to ease with more domestic production

Nitrogen fertilizer prices will decline as lower corn prices and increased domestic fertilizer production change the dynamics of supply and demand, risk management analyst Jeff MacKenzie said last week at the Iowa Farm Bureau Economic Summit in Ames.

"The cure to higher nitrogen prices is lower corn prices," said MacKenzie, CEO of the MacKenzie Company. "When you forecast fertilizer prices, you have to start with grain...

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