Fertilizer Prices Expected To Stay Elevated Through 2028

Fertilizer Prices Expected To Stay Elevated Through 2028

(NAFB.com) – Fertilizer prices are expected to remain above pre-Iran war levels through 2028, according to a new report from CoBank’s Knowledge Exchange. Farmers and agricultural retailers continue to face higher costs as conflicts and supply disruptions affect global fertilizer markets. CoBank economist Jacqui Fatka says Middle East instability, tight supplies, and limited phosphate availability could keep prices elevated well into 2027 and bey…

The curious case of global fertilizer prices

Fertilizer prices and use of fertilizer have responded in unexpected ways to the the closure of the Strait of Hormuz

Why higher fertilizer prices are here to stay

Unlike the 2022 fertilizer shock, today’s disruption is longer term. Geopolitics and supply chain issues are spiking prices and complicating sourcing.

As Pennsylvania farmers contend with high fertilizer prices, one possible solution emerges

Dan Kniffen, president of the Centre County Farm Bureau, said the prices farmers are getting for their crops are not keeping up with rising costs — especially the price of fertilizers. “Everybody that’s growing crops this year is in a negative position,” Kniffen said. One major factor: the war in Iran. About a third of the world’s fertilizer shipped by sea passes through the Strait of Hormuz, leading to fertilizer shortages and a spike in prices…