The cost of nitrogen fertilizer has tripled in the last year.
Kyle Walker is a farm manager based in central Iowa for Peoples Company.
“I know anhydrous was over $1,200 a ton the other day (and) last year at this time it was $400 to $500 a ton. So just a completely different ballgame right now.”
He tells Brownfield corn futures above $5 allows some room for higher per-acre costs.