Fertilizer prices more favorable this year

 Resize text         Printer-friendly version of this article Printer-friendly version of this article

Farmers are benefiting from lower and more stable fertilizer prices this spring, a Purdue University expert notes. That’s good news for dairy producers who raise their own crops.

"Fertilizer prices have come down substantially in the last year," says Alan Miller, Purdue agricultural economist. “This has had a substantial affect on crop input margins, since fertilizers comprise a large portion of those costs.”

According to the United States Department of Agriculture's National Agricultural Statistics Service for the North Central region, between April 2009 and April 2010 fertilizer prices for anhydrous ammonia have dropped by $250 per ton, potassium is down $350 per ton and phosphate is down $50 per ton.

Full story.

Source: Purdue University



Comments (0) Leave a comment 

Name
e-Mail (required)
Location

Comment:

characters left


Massey Ferguson 5600 Series

Our most advanced multi-tasking mid-range ever. Perfect for livestock, dairy, hay, and general all-around farm work, these exceptional loader tractors ... Read More

View all Products in this segment

View All Buyers Guides

)
Feedback Form
Leads to Insight