With farm income projected to fall this year, here’s what to watch for the fertilizer, seed and crop protection price outlook.
Fertilizer
Samuel Taylor, senior analyst for farm inputs at Rabobank, shares the year over year change in the company’s fertilizer affordability index has been dramatic.
“At the peak of the Russa/Ukraine crisis, we saw the affordability of fertilizers moved to some of the least affordability since 2008,” he says. “Since then, we’ve seen adjustment. There’s a bit more clarity and more reestablishment of supply chains.”
By CHEYENNE KRAMER
November 1, 2023
farmjournal.com
