Fertilizer prices have confirmed a move higher on international markets this week, as cutback in
production have finally reduced supplies in line with demand as farmers around the world begin booking supplies for spring.
Farmgate prices for farmers in most areas remain well above traditional levels indicated by today's wholesale prices, because dealers are stuck trying to peddle inventory bought last fall at much higher prices. Retail prices continue to work slowly lower, but the gap remains strong as the window for buying decisions begins to narrow.
The biggest news in the market this week was the end to the logjam in the international ammonia market, as product out of the
To read Bryce Knorr's complete weekly fertilizer review, click HERE.