Fertilizer prices are currently near their lowest levels in a decade.
Ag Economist David Widmar tells Brownfield, most products are cheaper now than the already low prices last spring.
“Anhydrous ammonia is down the most, about 14%. Urea, 28% liquid nitrogen and potash are all down about 9%.”
The one exception is DAP, which is about 4% higher.
He says prices in the spring of 2019 were the lowest in a decade and trends are on par to be even lower for spring 2021.