Retailers Moderately Optimistic on Fall Fertilizer Sales
While fertilizer prices have managed to stabilize some as of late, it’s still quite the input cost with the price tag dramatically higher than 2021. But buying will still be there this fall an, in fact, some retailers are now saying they are “moderately optimistic” about those fall fertilizer sales.
Looking ahead to fall, the view of most ag retailers is mixed. Steven Page of EDC Ag Products in Texas says, “We’re bullish on fertilizer sales this fall. Higher-than-expected commodity prices and falling fertilizer prices mean end users will be replacing nutrients in their soil.”
Matthew Taylor of Nutrien Ag Solutions in Colorado says he’s also optimistic. “Application season should be strong as long as there’s a good application window,” he says. “Continuing supply chain challenges and overseas events are still a drag on the industry, but overall, the fall application season should be good.”
I said that the view of most ag retailers was mixed, but even the less-than-positive retailers saying their outlook for fertilizer sales could change with the right conditions.