Southern Ag Today has recently published an article about fertilizer and how fertilizer is priced and how it moves to get to the farmers across our country. Overall, fertilizer markets remain highly dependent on a relatively small number of producing regions and key global trade routes because nitrogen, phosphate, and potash each rely on different raw materials and supply chains, geopolitical disruptions can affect fertilizer price availability in many different ways.
The U.S. produces much of its nitrogen and phosphate domestically, it remains heavily dependent on imports for potash, and still relies on global trade for portions of all of its fertilizer needs. As a result, uncertainty from global conflicts, trade disruptions, and energy market volatility can continue to play an important role in fertilizer markets and producer input costs. As part of a broader marketing plan, producers should consider how to best determine crop pricing strategies to insulate their operation from unexpected changes in the key input markets.
So you need to make strategies to get your fertilizer needs and try to use the best way you can to keep the price down because it will cause the products to go up.
Audio Reporting by Tyron Spearman for Southeast AgNet.