High fertilizer prices not going away soon
Driven by supply chain disruptions, increased global demand and higher energy costs, fertilizer in the U.S. is expensive right now and, in some cases, not even available to farmers planning the 2022 planting season.
According to a recent study by economists at the American Farm Bureau Federation (AFBF), ammonia has increased more than 210% compared to prices in September 2020, liquid nitrogen has increased over 159%, urea is up 155%, monoammonium phosphate (MAP) has increased 125%, diammonium phosphate (DAP) is up over 100% and potash has risen above 134%....
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