Fertilizer

NCGA’s Krista Swanson says it would take about 226 bu. of corn to buy a ton of ammonium phosphate, which is up from the 180 bu. it took at the beginning of this year. As fertilizer costs are on the rise, corn prices are now at or below $4, and it’s creating a grim outlook for 2026.

Two global factors could break the trend, while a focus on efficiency could bring short-term opportunities for farmers

Veronia Nigh, economist at The Fertilizer Institute, says there are three key drivers in fertilizer right now.