Lower Fertilizer Prices in 2018? Keep an eye on Nitrogen
For our most recent post on fertilizer prices, click here.
When thinking about crop budgets and potential returns in 2018, fertilizer is a big expense category, especially for corn production. At $111 per acre of corn in the 2017 Purdue Crop Budgets, a change in fertilizer prices can quickly impact potential profitability.
After surging with commodity prices, we noted that fertilizer prices and expense have decreased in recent years. This week’s post takes a look at current fertilizer price data and the potential for lower fertilizer prices in 2018. (more…)