Fertilizer Prices Will Stay High All Spring

I've had a few producers ask if fertilizer prices will drop before spring. An e-mail from our supplier says no chance. Maybe softer after the season is over but still over $500 per tonne for 46-0-0 in June. These are serious numbers in a demand driven market.

As I've said before demand driven markets are strong for high prices. Right now demand is driving barley and canola price and there will be no let up in strong pricing for a while yet. $8 canola and $3.25 barley is here till end of crop year. Don't expect fertilizer markets to soften.

Sorry about that. Have a nice weekend.