An agriculture economist says the price of nitrogen fertilizer has stabilized, but it’s still high.
Gary Schnitkey with the University of Illinois tells Brownfield all three major forms of nitrogen matched their prices at the beginning of the 2023 purchasing season but dipped a little. “We have seen it come down from levels earlier in the year and late in the fall for 2022, early spring 2023, but we are still at very high levels.”
And Schnitkey says farmers are still paying a lot.
