Fertilizer has been falling lately and depending on who you are talking to the bids are quite variable. If you have not purchased any fertilizer yet this fall now might be a good time to begin to chip away at some inventory. With prices in the 600-700 range, prices are considerably lower than 5 months ago. Do not fall into the trap of continuing to hold out for more extreme pricing. The recent drop may be the reality going forward or it may be a short term downward blip. I don’t think that anyone knows. Many farmers were burnt this past year by not applying the art of incremental selling of their crops by holding out for $20 canola. Incremental buying works under the same principal and is just as effective.
New methodology sees Canada report lower fertilizer emissions (while still not accounting for on-farm mitigation practices)
Greenhouse gas emissions from nitrogen fertilizer were reduced by approximately 20 per cent in the Canadian government's official 2022 greenhouse gas inventory report thanks to an update to how nitrous oxide (N2O) emissions from fertilizer are estimated. The reduction, however, will not count toward the federal government's mandate to reduce emissions from fertilizer by 30…Read more »