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Source: SUCCESSFUL FARMING, 4/6/20
U.S. producers are positioned to plant the second-largest corn crop in modern history, but you wouldn’t notice by glancing at fertilizer prices. Here’s a look at the 2020 fertilizer prices and the trend of lower prices. As producers updated their 2020 crop budget, low fertilizer prices were a welcome improvement. Fertilizer prices reported out of Illinois in March 2020 were significantly lower than in spring 2019. Anhydrous ammonia prices, for example, are currently around $500 per ton, but were closer to $600 per ton last year. For more of this story, click here.
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