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Economy

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Sherman A1

(38,958 posts)
Mon Mar 14, 2022, 07:32 AM Mar 2022

Russian invasion of Ukraine has farmers paying a lot more for fertilizer [View all]

Mark Scott has been farming corn and soybeans on his family’s land in Wentzville for more than 30 years, and he has never seen fertilizer prices as high as they are now.

“It’s doubled in price than last year,” Scott said. “I locked up all my nitrogen this morning before it took another jump and it’s probably 38-40% higher than last year.”

On a blustery March morning at his 2,000-acre farm he runs with his son, Scott said it’s a concern for him and the farmers he represents on the Missouri Corngrowers Association Board.

“We may be at a loss this year versus last year just due to the high input prices,” he said.

https://news.stlpublicradio.org/government-politics-issues/2022-03-14/russian-invasion-of-ukraine-has-farmers-paying-a-lot-more-for-fertilizer

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