A Midwestern farmer says he’s seeing a three-fold increase in fertilizer prices compared to this time last year.
Randy Poll tells Brownfield looking back, he wishes he bought more product last August when prices were only doubled.
“That’s a little concerning going into this next year, corn prices I don’t think justify the rate increase that we’ve been seeing.,” he says.
Poll says increases related to natural gas hikes only account for about 15 percent of fertilizer costs and pending tariffs on nitrogen could make the situation even worse.
“All the forms of nitrogen went up so we’re kind of stuck,” he says.