Fertilizer Costs Squeeze 2022 Profits

By Bryce Knorr

Farm Futures

Fertilizer prices continue their march higher around the world. That’s bad news for U.S. farmers, for a couple of reasons.

The cost of N, P and K for an acre of corn is up $50 since Midwest growers purchased products last fall. And there’s no indication anything will get any cheaper this summer when suppliers post offer sheets for summer and fall deliveries.

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