Locking in fertilizer prices

Locking in fertilizer prices

A risk management consultant with StoneX Financial says now is the time for growers to lock in fertilizer prices.

Zionsville, Indiana-based Matt Blasdel says there could be some challenges as the planting season approaches.

“I think we could have a logistics issue where product could be hard to get this spring especially when you want it,” he says. “If that’s the case, I just don’t want farmers to be left on the sideline waiting for rail cars or barges to get unloaded just because they were waiting for lower prices.”

He shares his outlook for the nitrogen fertilizer market.