RealAg Markets: Nitrogen Prices Climb on Interrupted Production & Mangled Logistics

Don’t shoot the messenger, but if you haven’t priced your nitrogen and phosphorus fertilizer for this year, things are about to get very ugly. Or uglier. There’s really no upside here, unless you happen to have a neighbour with livestock and a manure problem (which you might. Ask around. Don’t worry, I’ll wait here while you make that phone call.)….

Read more: Making the most of manure applications

For those of you still hanging around, I’ve got bad news and I’ve got worse news — nitrogen prices are sky high; and, nitrogen prices are not likely to come down by seeding. Oh, and three, if we’re counting, is that what’s driving N prices higher is also pushing phosphorus prices up. Maybe I should just stop now.

In this edition of RealAg Markets, I chat with Remi Schmaltz, CEO of Decisivie Farming and fertlizer market follower. Schmaltz breaks down what the heck just happened in this nitrogen market, the three (or more) factors converging to drive up prices, what’s up with P & K and, perhaps most importantly, a few management options available to try and ease this blow. (Hint: manure really is a good one. Do yourself a favour and click on the link above, then make friends with your neighbours.)

If you cannot see the embedded player, click here to hear this interview.

 

Lyndsey Smith

Lyndsey Smith is a field editor for RealAgriculture. A self-proclaimed agnerd, Lyndsey is passionate about all things farming but is especially thrilled by agronomy and livestock production.

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