A New Fertilizer Crisis Is On The Horizon

A Drovers article

Diesel prices are climbing fast, and farmers are feeling it in real time. U.S. diesel prices have surged 60% since the start of the war in Iran. With another 30 cent jump in just a week, the national average for diesel stands at $6.18 per gallon. It’s adding fuel to inflation, and for farmers, it’s hitting at the worst possible time, right in the middle of harvest.

But diesel may not be the only input keeping farmers up at night this fall. Fertilizer prices are climbing too, and there are warning signs that a much bigger crisis could be forming beneath the surface, as a sulfur shortage could be next. Sulfur is a key ingredient used in inputs like phosphate, and one major fertilizer supplier says farmers could face more than just higher prices. If the situation doesn’t improve, they may not be able to find it at all.

For the full article click here