farmers adjust

How Farmers Adjust Spending During Low Commodity Prices

Dan Commodities, Economy

History does repeat itself, especially in agricultural cycles. Rabobank put together a report on how farmers adjust input spending when commodity prices drop. It explores the responsiveness of input volume and price to farm profitability in America, forming a view of how the current downturn will impact the input marketplace through next year.  For example, the report says farm machinery …

Rabobank: Fertilizer Prices Lower in 2023

Dan Agri-Business, Economy, Fertilizer

Fertilizer consumption suffered in 2022 due to market volatility and record-high prices. However, a new Rabobank report says a recovery in consumption is possible in some regions next year, with fertilizer prices lowering and commodity prices at historically high levels. “The affordability index’s moving average is trending lower as fertilizer prices are returning to pre-Ukraine War levels,” says Rabobank. “For …