Could fertiliser prices drop before autumn?

By Wes Lefroy, Rabobank
October 28 2021 - 11:00am
Grain growers face the dilemma of whether to buy nitrogen now, or delay and risk supply troubles for a possible price drop before sowing in 2022.
Grain growers face the dilemma of whether to buy nitrogen now, or delay and risk supply troubles for a possible price drop before sowing in 2022.

As global urea prices move toward the record levels recorded in 2008 and supply risks grow, farmers around the world - including here in Australia - are facing a difficult decision about whether to buy nitrogen now or delay and risk supply troubles for a possible price drop before sowing next autumn.

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