An executive for an ag financial advisor says fertilizer costs will likely continue rising before leveling off.
StoneX Director of Fertilizer Josh Linville tells Brownfield he’s seeing nitrogen prices that are topping $1,300 and the global picture is telling him the cost of anhydrous is primed to increase further.
“We could very, very easily see prices [$1,600] – $1,700 to the farm,” he said.
He said if farmers continue their heavy application run this fall and drain supply, fertilizer suppliers will continue to raise prices.
