Fertile ground for trouble

2023 will be fertile ground for trouble… Puns aside, fertilizer is by far the most complex market that farmers encounter currently, and its prices are set to rise next year!

• According to Ben Brown, University of Missouri Senior Research Associate for the Food and Agricultural Policy Research Institute, although US prices for fertilizers were promising in the period between June and August, it’s unlikely they’ll remain low. 

• An inflated gas market due to restricted European supplies and strong domestic demand make fertilizers costly.

Here are a few tips, though: to fight the prices, try reviewing crop insurances, creating a well-defined grain marketing plan, and locking in delivery prices – clicking here to learn more too.