Supply chain troubles are being blamed for much of this year’s surge in fertilizer prices, thanks to bad weather and pandemic issues that curtailed production and deepened shipping troubles around the world.
 
But even after the skies clear and port congestion eases, nutrient costs face an uncertain future. Global food prices and strong demand could keep expenses elevated long after market logjams finally ease.
 
 
Fertilizer prices normally soften into the end of the year, providing a double incentive for farmers hoping to delay taxable income by prepaying expenses. The extent of that break ahead of the 2022 growing season, much less whether a collapse in the market could accelerate, make purchases all the more a roll of the dice.
 
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