(Worthy News) – Prices for fertilizers are spiking across the world, with per-ton rates for some products at or near record highs, a market reality that threatens to exacerbate rising consumer costs for everything from coffee to corn and rice.
A host of factors, including extreme weather events, elevated natural gas prices, and supply chain disruptions are raising the price point for the key plant foods and making them less and less affordable for growers, analysts say.
The average price of UAN32, a liquid nitrogen-based fertilizer used widely for growing grain and other grass crops, stood at $522 per ton in the fourth week of October, according to U.S. market monitor DTN. The product jumped 18% over the average from September to reach its highest price in the 13 years DTN has gathered data from retailers. [ Source: Washington Examiner (Read More…) ]:
We're being CENSORED ... HELP get the WORD OUT! SHARE!!!
Latest Worthy News
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.
