fertilizer prices

A Wells Fargo economist predicted a rosy future ahead for American commodities during the next several years. Michael Swanson said the only thing that could seriously derail that prediction is the weather. The Hagstrom Report said Swanson spoke at the Crop Insurance and Reinsurance Bureau’s annual meeting. He ...

The USDA is projecting a 5% increase in farm production expenses this year. And as USDA chief Economist Seth Meyer pointed out, its not just one, or two items going up. "Most every line within those production expenses showing year-over-year increases ...

Data from USDA’s Economic Research Service details the increase in fertilizer prices. According to estimates from USDA, fertilizer represents an average of 36% of a farmer’s operating costs for corn, 35% for wheat, and 30% for sorghum. Fertilizer ...

The latest World Agriculture Supply and Demand report largely focused on global market conditions. The outlook for U.S. wheat this month is for stable supplies, lower domestic use, reduced exports, and higher ending stocks. The projected season-average farm price increased $0 ...

What can be done about the sky rocketing prices of fertilizers and other inputs? "There's no silver bullet and I wish there were; we certainly would be on top of it," Agriculture Secretary Tom Vilsack recently told lawmakers. He said farmers are seeing are the result of many different situations coming together ...

At the 2022 Potato Expo in Anaheim, CA last week, farmers talked a lot about input costs for the year head. Rabobank Senior Grains and Oilseeds Analyst Stephen Nicholson says producers are talking about everything that could cut into this year’s bottom line. “ ...

USDA will issue commodity outlooks for 2022 at its annual Agricultural Outlook Forum in February. "The people that are, I think, primarily interested in this information are the folks who buy and sell these commodities and create these commodities ...

Is there an actual shortage of fertilizer, meaning farmers won't get what they need for the 2022 growing season? USDA's Chief Economist says "no, not really". "When I hear somebody say "shortage", I tend to think that means they're paying more than they want to pay for it ...

Fertilizer prices have risen as much as 300% in some areas, making 2022 preparations more difficult. Shelby Myers, economist with the American Farm Bureau Federation, said those skyrocketing prices are among the top concerns for farmers and ranchers ...

Iowa Senator Chuck Grassley sent a letter to Attorney General Merrick Garland calling for the Department of Justice to investigate the fertilizer industry. American farmers are raising concerns about possible anti-competitive activity and market manipulation. Gr ...