Taking the emotions out of fertilizer purchases

Taking the emotions out of fertilizer purchases

A risk management consultant with StoneX Financial says fertilizer prices remain elevated despite backing off recent record-high prices.

Matt Blasdel is encouraging growers to take emotions out of fertilizer decisions ahead of the planting season.

“Our business is very emotionally driven. We have markets that are emotionally driven. We see corn charts and fertilizer charts from price standpoints and that gets an internal emotion in us,” he says. “I like to try to take some emotion out of those decisions and look at it from a ratio standpoint.

.