Farmers highlighted E15, local food purchasing and tax credits for cotton at a U.S. Senate Agriculture Committee hearing focusing on how to boost domestic markets. Senators said they recognize the financial straits facing farmers due to input prices that continue to rise because of the war in the Middle East.
Despite the U.S. and Israel-Iran conflict, retail fertilizer prices are varied -- for now. Five of the eight major fertilizers were higher compared to last month while the remaining three were a bit less expensive. Only one nutrient, urea, was higher by a considerable amount, which DTN designates as anything 5% or more.
Despite the U.S. and Israel-Iran conflict, retail fertilizer prices are
varied
for now. Five of the eight major fertilizers were higher compared to
last month while the remaining three were a bit less expensive. Only one
nutrient, urea, was higher by a considerable amount, which DTN designates as
anything 5% or more.
BDTN Retail Fertilizer Trends
A serious uptick expected in future CPI and PPI readings thanks to the
Middle East conflict suggests the inflation relief seen over the last few years
is over and a turn higher will be eerily similar to what occurred in the 1970s.
BCanada Markets
Two storm systems will move across the northern tier of the U.S. through
the coming weekend, producing strong winds, heavy snow, and potential blizzard
conditions.
7^Ag Weather Forum
Former Agridime LLC executive Joshua Link was captured by federal
authorities at the Los Angeles International Airport this week.
:^Agridime's Joshua Link Captured at LAX
Whether it be the war in Iran or the looming plant strike in Greeley,
Colorado, the market knows the negative stressors weighing against it.
Discussing the ripple effect of those stressors is essential as their long-term
ramifications are sizeable.
BCall the Market
