By: Mikkel Pates & Michelle Rook
Ag Week
Farmers are feeling the sting of skyrocketing fertilizer prices as they make fall applications, and those prices may not cool anytime soon. Farmers will need to consider those prices when making planting and application decisions.
Higher grain prices are just a part of the cause; the rest is a rare combination of supply chain issues that have tightened supplies.
Josh Linville, director of fertilizer for Stone X Financial Inc. based in Kansas City, Missouri, said fertilizer prices were higher in 2008, but the 2021 issue is an unprecedented global shortage.
“This is vastly different,” he said. “Because it doesn’t matter what you’re willing to pay, you can’t get the product.”