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Corn prices are now up about 10% over the past month. ... After selling some corn this week, he will have an extra $7,000 in his pocket, enough to cover half his springtime fertilizer bill.
Oct. 6—Due to increasing natural gas prices, nitrogen fertilizer prices are relatively high compared to recent years and are expected to remain high and possibly increase through next spring ...
Corn prices on the Chicago Board of Trade dropped from US$7.99 per bushel in June to US$3.74 per bushel in mid-December; wheat and rice prices experienced similar decreases. [159] The UN's Food and Agriculture Organization, however, warned against "a false sense of security", noting that the credit crisis could cause farmers to reduce plantings ...
Europe's energy crisis and the 2022 Russian invasion of Ukraine caused significant price increases for European fertilizer and food industries. [91] [92] According to Julia Meehan, the head of fertilizers for the commodity price firm ICIS, "We are seeing record prices for every fertilizer type, which are all way above the previous highs in 2008 ...
Agribusiness: a display of a John Deere 7800 tractor with Houle slurry trailer, Case IH combine harvester, New Holland FX 25 forage harvester with corn head. An agricultural subsidy (also called an agricultural incentive) is a government incentive paid to agribusinesses, agricultural organizations and farms to supplement their income, manage the supply of agricultural commodities, and ...
The U.S. Department of Agriculture (USDA) now estimates that the U.S. corn crop will fall by another 100 million bushels below the estimate provided just a month ago, to 10.7 billion bushels, the ...