Farmers seem to be waiting for lower fertilizer prices while the retail sector holds prices firm. “What we’ve seen before were a lot of signals prices should go higher; suddenly you wake up one morning and the price is falling,” said Josh Linville, vice president of fertilizer, StoneX. “There’s a lot of buyers out there lined up just waiting for some small opportunity to jump in.” Linville sees scenarios around the world that would keep fertilizer prices elevated. Demand appears to be low for fall fertilization in the region. Linville encourages farmers to contact their local fertilizer provider to secure necessary supplies.
