Royce Bialas, location manager for Central Farmers Cooperative in Dimock, S.D., said his educated guess is fertilizer prices will be about 20% lower by the time the fall fertilizer season begins, as fertilizer will follow commodity prices lower.
Fertilizer now in the $500-per-ton range could be closer to $350 to $400 per ton after the drop, he
"The late-summer/fall fill will be weaker as far as price goes," Bialas
"You can't have corn prices fall this much and not have fertilizer prices drop right along with it."
said the wild card in lower retail fertilizer prices could be natural gas prices, which have been stronger earlier this year.
Higher natural gas prices could work against lower fertilizer prices, but ultimately, the fall of the commodity market will most likely push retail fertilizer lower, he
"Maybe I am too logical, but these fertilizer prices with the much lower commodity prices do not work with profitability," Bialas