An ag economist says lower fertilizer prices have played a big role in improving crop budgets in recent years.
Purdue’s David Widmar says fertilizer prices have started to move up from the lows of last fall and earlier this year. “Anhydrous ammonia, for example – out of data reported from Illinois to the USDA is up 8 percent,” he says. “Urea is up quite a bit more at 19 percent. However, when we step back a little bit – fertilizer prices are lower than 2016.”
He tells Brownfield lower fertilizer prices are an obvious way to lower input costs.
Continue reading Lower fertilizer prices help improve crop budgets at Brownfield Ag News.
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