Throughout COVID and the resulting logistical constraints of the past 18 months, some shortages have been overstated, inflated in their impact, or should have been ignored in hindsight — but the potential for a fertilizer disruption for 2022 is different. Fertilizer is not toilet paper or cheap clothing from China; regardless of prices or supplies the importance of fertilizer for agriculture will force every farm to change its strategy for the upcoming growing season. Personally, I have no idea if you should lock in prices on phosphate, potash, or nitrogen today. Prices could be lower in three months — or much…
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