Fertilizer prices started out 2023 on a downward trend. CoBank Lead Grain and Farm Supply Analyst Ken Zuckerberg says geopolitical factors may cause another spike in prices. “If Russia restricts natural gas to Europe, I think prices are going to spike which will cause fertilizer prices to spike as well.” Zuckerberg says fertilizer prices shouldn’t have much of an effect on what farmers plant this spring. In many cases, farmers have locked in their spring fertilizer needs.
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