Source: Margy Eckelkamp, AGWEB, 1/25/22


Fertilizer prices continue to dip and spike around 10-year highs.  Many are recalling how the current market is echoing similarities and pulling on lessons learned in 2008/2009.  “For the most part, retailers have been though cycles like this in the past,” says Lon Swanson Senior vice president of food and ag industry advisors at Wells Fargo. “The stress levels related to this type of market have changed the way retailers have approached it today. With fertilizer prices at this level, it’s like a hot potato. No one wants to hold the high price assets at these levels.” 

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