Farmers have been feeling the pain of high fertilizer prices since last year. Farmers Business Network Chief Economist Kevin McNew cites the latest FBN fertilizer report. “The bad news for farmers is fertilizer values are not going to get cheaper anytime soon; there are widespread global problems causing ripple effects through fertilizer.” The report also surveyed farmers and found that while application rates remain steady, crop rotation changes favored higher wheat acres. McNew says nitrogen fertilizer prices are being affected the most. “It’s all tied to natural gas and everything happening globally that’s driving the prices.”
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