By Cheyenne Kramer, AgWeb.com
If you’ve noticed an uptick in fertilizer prices, despite being out of the high-demand spring season, you’re not alone. According to Josh Linville, vice president of fertilizer at StoneX, prices are currently higher than normal across the board for fertilizers – a trend he attributes to multiple global factors.
“These products are all very world-driven,” he says. “We don’t always set the tone or the price – the rest of the world can do that.”
Linville joined the Top Producer podcast to highlight five main reason for higher prices this summer.
1. European Production,
2. High Costs in Brazil
3. China’s Restrictions
4. Supply Shortage in Egypt
5. Import Restrictions
To read an explanation on each click here.