Input costs are higher than ever, and with a grain market settling back lower, that is not happy news. There have also been issues with supply chains and obtaining what we need to be successful in any crop year. Where this really hurts is when it comes to inputs we cannot afford to skimp on, such as fertilizers.
Josh Linville is the Vice President of Fertilizers for StoneX. He explains the situation, starting with the value of grain compared to the price of fertilizers.
Linville runs down the international actions causing challenges for the fertilizer supply chain.
Thankfully, the supply chain issues aren’t because of American shipping.
Linville says that while this is an aggravating situation, don’t let emotions influence your decisions. Take a moment, catch your breath, and really look at what you need to do.
Linville says that the best thing you can do is keep in contact with your suppliers and crop advisors.