With corn prices almost $2 higher and soybean prices almost $5 higher than a year ago, fertilizer prices have increased.
 
Starting last fall, strong farm economics created high demand for fertilizer that lasted through the spring season and left fertilizer supplies depleted.
 
Farm economics remain solid and fall fertilizer demand is again expected to be strong. COVID-19 has also been a major market disruptor causing increased market volatility, and fertilizer prices are no exception. Between production plant shutdowns and logistical delays, the fertilizer supply chain has been negatively impacted.
 
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