Fertilizer prices continue to move higher. Supplies are tight and demand remains strong. According to StoneX Group Director of Fertilizer Josh Linville, activities around the globe are impacting nitrogen prices. “China, one of the world’s major producers, effectively banned exports, the European natural gas remains high so we’ve lost production in Europe and we’re seeing export caps placed on nitrogen from Russia and Egypt.” While the world supplies are tight, there are no signs of demand destruction. Anhydrous prices increased 40 percent in one week and are up 163 percent from one year ago. Linville says prices can still go higher. “I know people are going to say I’m full of it, but urea prices are still very cheap,” said Linville. “When you look at the price of anhydrous compared to urea and the price of UAN on the price per pound of nitrogen, anhydrous is actually cheaper in comparison to what it normally is this time of the year. There’s a lot of pain, but unfortunately, I believe it could be worse.” In an interview with the Red River Farm Network, Linville said not to let emotions result in bad decisions.