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Strategies & Market Trends : Value Investing

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To: Elroy who wrote (66818)3/11/2021 9:55:52 PM
From: E_K_S1 Recommendation

Recommended By
JohnyP

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Fertilizer Prices Rocket Higher As Farmers Become 'Bullish' On Upcoming Growing Season

"With the increase in commodity prices, there has been an increased demand for fertilizers since last fall. This increased demand, coupled with reduced fertilizer imports is – according to forecasters – predicted to keep fertilizer prices elevated through fall and potentially into next year," Jamie Patton, senior Outreach Specialist for the UW-Nutrient and Pest Management Program, told Wisconsin State Farmer.
I wonder how many of the UAN customers 'prepaid' their 2021 fertilizer bills?

"Many farmers capitalized on lower fertilizer prices back then and prepaid for a majority of their fertilizer needs for this growing season," Patton said. "Additionally, with warm, dry weather during harvest, some farms capitalized on early harvest and good field conditions to apply nutrients."
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