Over the past two years, urea prices rose nearly 200 percent and DAP prices are up 112 percent. Farmers Business Network has released its first Fertilizer Price Transparency Report. FBN found the high price of fertilizer will cause farmers to adjust application rates and cropping choices. Forty-three percent of the farmers surveyed said their would increase wheat acreage in 2023. Twenty four percent of farmers plan to increase corn acres and 22 percent hope to increase soybean acreage.
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