University of Minnesota Extension Educator Brad Carlson says most ag retailers are not willing to price fertilizer for spring. “We had a situation about 15 years ago when fertilizer prices spiked and a lot of dealers purchased product and the prices fell,” said Carlson. “They got stuck selling that fertilizer for a loss because they paid more than where the market price was when the application season came around. For that same reason, a lot of fertilizer dealers are really apprehensive about locking in their price for the spring in case the price falls.” Read more about what farmer’s should be thinking about with high nitrogen fertilizer costs.
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