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Since reaching low levels in early 2020, the prices of phosphorus and nitrogen fertilizers have increased to their highest levels since 2008 and are expected to continue climbing. And while potassium fertilizer prices have remained lower, increases could be coming in 2022 as well. To discuss what is behind these rising prices – and what could eventually curtail them – John Beghin and Lia Nogueira, both professors in the Department of Agricultural Economics and the Clayton Yeutter Insitute of International Trade and Finance at the University of Nebraska-Lincoln, join the podcast.
They have authored a new article on the subject, which is available on our Center for Ag Profitability website, at https://cap.unl.edu/crops/perfect-storm-fertilizer-markets.
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Since reaching low levels in early 2020, the prices of phosphorus and nitrogen fertilizers have increased to their highest levels since 2008 and are expected to continue climbing. And while potassium fertilizer prices have remained lower, increases could be coming in 2022 as well. To discuss what is behind these rising prices – and what could eventually curtail them – John Beghin and Lia Nogueira, both professors in the Department of Agricultural Economics and the Clayton Yeutter Insitute of International Trade and Finance at the University of Nebraska-Lincoln, join the podcast.
They have authored a new article on the subject, which is available on our Center for Ag Profitability website, at https://cap.unl.edu/crops/perfect-storm-fertilizer-markets.