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SW Wisconsin | Global fuel inventories are plummeting rapidly due to the ongoing conflict.
Many of our herbicides are petroleum based.
Fertilizer supplies continue to be choked off. 1/3 of the worlds urea flows through Hormuz.
If the stalemate continues onto the fall supplies will continue to fall and prices will go higher.
Yes, U.S. nitrogen prices have started to come down and did not reach the record levels of 2022 (yet)Those prices were painful but I sold most of my corn crop the following year for $8.04.
Of course I am hopeful that the U.S. will obtain our objectives and things will return to more normal circumstances.
Meanwhile the stock markets continue making record highs. | |
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Coloured diesel farm price for Honest Abe
