fertilizer prices

Throughout much of 2022 and into this year, much of the financial concern for the ag industry was input costs that were climbing at significant rates.  But now, those concerns don’t seem to be so loud.  The Idaho Cattlemen’s Cameron Mulrony said diesel prices are a great example.   “It seemed to stabiliz...

The U.S. economy will progressively slow through the first half of this year, and recession fears are still high, and warranted.  That assessment from CoBank, adding inflation is starting to loosen its grip on farm country.  While a slowing economy does mean that impact of inflation is expected to diminish, that also means the crop prices, and lesser extent livestock prices producers receive in 20

Will the nation's farm sector generate yet another record amount of net income in 2023 as it's done the last two years?   “No, but the expectation is it will still be an above average year.”   USDA chief economist Seth Meyer told the USDA Outlook Forum last week that he expects net cash farm income this year to be $150.5 billion, which, if ...

As we get ready for another growing season, many farmers across the PNW are concerned about fertilizer availability and prices in the year ahead.  Helena's Dawn Brunmeier has tips to keep your commodities strong and your costs down.       If you have a story idea for the PNW Ag Network, call (509) 547-9791, or e-mail glenn.vaagen@townsquareme...

Fertilizer and other input shortages were a big topic of conversation and headlines in 2022.  Jason Troendle, economist with The Fertilizer Institute, said the 2022 supplies were a little lower than normal but maybe weren’t quite that bad.   “When ...

Ag Secretary Tom Vilsack recently announced several major developments at the USDA that will help benefit farmers and ranchers across the nation.  Vilsack said the Department wants to provide all farmers with the opportunities they need to continue farming, build and maintain their competitive edge, and access more, new, and better markets.  He says...

The past year was a mixed bag for Northwest producers.  Several growers enjoyed near record profits thanks to high commodity prices and government subsidies.  But unfortunately, high input prices cut into those gains, making 2022 flat or even a negative year for some across the region.  When it comes to ...

The past couple of years have been fairly good for farm country, financially speaking.  But will that trend continue into the future?   That was one of the hot topics at the 70th Annual American Bankers Association Ag Bankers Conference.  Curt Covingt...

While we only have a few weeks remaining on the year, USDA is out with its 2022 farm income forecast.  And USDA chief economist says the latest numbers is reason for farm country to celebrate.   "Record net cash farm income the largest net farm income in decades and a lot of it on strength in prices.”   That...

Fertilizer consumption suffered in 2022 due to market volatility and record-high prices.  However, a new Rabobank report says a recovery in consumption is possible in some regions next year, with fertilizer prices lowering and commodity prices at historically high levels.   “...