China Flexes Its Muscle In Fertilizer, Energy
By Bryce Knorr
Farm Futures
Green shoots are starting to appear – and not just in U.S. farm fields. Signs of reawakening economies, especially in China, are emerging after the world’s pandemic slumber. The result could mean higher input prices for growers, so it’s time to take a serious look at buying plans.
Fertilizer in particular needs attention. Now, that’s not unusual; the first half of summer typically is a good time to book needs for fall and the following spring, as inventories rebuild after planting demand subsides. But this year a combination of events could give that seasonal rebound in nutrient prices some added momentum. China could play a major role in whatever happens.