Spring Fertilizer Costs Better in 2009
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| 4/29/2009 |
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| Just when farmers were starting to scratch around in the fields a little bit, a long, soaking rain hits North Dakota. "There have been quite a few years we`ve gotten into the field earlier than this but they`ll get it done. We`ve got good moisture to start with. Last year we were dry to start with and better to start out late with moisture than start out dry and get everything seeded,” says Galen Scheresky, Owner of Scheresky Ag Service near Max, ND. Scheresky is celebrating his 10 year anniversary in 2009 as his agronomy business continues to grow. Scheresky Ag provides custom application of chemical and dry fertilizer. Agronomy companies like this could be getting more business this year. A later start puts farmers in a more of a time crunch to get things done and spending the extra money to get the fertilizer spread for them, might be worth it. "If they can get someone to spread the urea out for them and get they get more acres seeded and get more things done, it`s probably worth the five dollar an acre,” says Scheresky.” Fertilizer costs will be down this year after hitting record highs last summer. In some cases they`ve been cut in half. Many farmers watch the fertilizer market and pre-buy their fertilizer minimizing input costs. "A lot more urea is going to be put on compared to other years because the price was a little lower than anhydrous ammonia in December and people pre-bought their nitrogen in December, so the spreading acres will be up compared to usual,” says Scheresky. Even though fertilizer is down, you must remember, grain prices have shrunk even more from their peaks. Spring Fertilizer Costs ________________________________ Approximate Prices (Changing Daily) 2008 2009 _____ _____ Anhydrous $800 $750 Urea $540 $440 Phosphate $1075 $450 |
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