Concerns of above-normal prevent planting acres and forecast dry weather during the peak growing season are clouding US corn output prospects for marketing year 2022-23 (September-August), with the crop already expected to be lower on the year at a time when global supplies are also limited. Inclement weather conditions in parts of the US during .
Prices for fertilizers are spiking across the world, with per-ton rates for some products at or near record highs, a market reality that threatens to exacerbate rising consumer costs for everything from coffee to corn and rice.
Prices for fertilizers are spiking across the world, with per-ton rates for some products at or near record highs, a market reality that threatens to exacerbate rising consumer costs for everything from coffee to corn and rice.
The sky-rocketing prices of fertilizers are complicating the corn planting decisions for US farmers for the upcoming 2022-23 season with some mulling shifting to other crops, while others want to wait and watch. Corn being a fertilizer intensive crop offers lower returns currently compared to soybeans as fertilizer prices soar to near-record highs. Various factors .