Rising ammonia prices pressure US farming costs
đ Midwest ammonia prices have reached around $875 per short ton, up nearly 46% since late June. The increase comes as autumn fertilizer demand remains strong.
đ US imports from Trinidad & Tobago have fallen about 34% this year amid natural gas shortages affecting production. Supplies from other regions have yet to fill the gap.
đą The US has expanded domestic production, but operational issues at some newer plants have limited replacement supply. Nutrienâs confirmation of an indefinite shutdown at its Trinidad facility also reduces prospects for a supply recovery.
đŸ Higher ammonia costs, alongside elevated diesel prices, are putting further pressure on farmersâ margins, particularly for nitrogen-intensive crops such as corn.
đ Replacement supply and seasonal demand will shape the next price moves. Higher input costs alone do not establish that crop prices will rise proportionately.
#Agriculture $TREE $GRASS
đ Midwest ammonia prices have reached around $875 per short ton, up nearly 46% since late June. The increase comes as autumn fertilizer demand remains strong.
đ US imports from Trinidad & Tobago have fallen about 34% this year amid natural gas shortages affecting production. Supplies from other regions have yet to fill the gap.
đą The US has expanded domestic production, but operational issues at some newer plants have limited replacement supply. Nutrienâs confirmation of an indefinite shutdown at its Trinidad facility also reduces prospects for a supply recovery.
đŸ Higher ammonia costs, alongside elevated diesel prices, are putting further pressure on farmersâ margins, particularly for nitrogen-intensive crops such as corn.
đ Replacement supply and seasonal demand will shape the next price moves. Higher input costs alone do not establish that crop prices will rise proportionately.
#Agriculture $TREE $GRASS
