All eight of the major fertilizers were lower in the second week of August
2022 compared to last month. Half of the fertilizers were significantly lower,
which DTN designates as anything 5% or more. Urea and anhydrous were 6% less
expensive compared to last month, while DAP and UAN28 were 5% lower.
1^DTN Retail Fertilizer Trends
A third straight winter of cool Pacific equator waters brings an outlook
for dry conditions in the Southern Plains and a snowy prospect over the
northern tier of the contiguous U.S.
$Ag Weather Forum
Speculators have wound down their collective long position in ag futures.
The strong dollar was one of the reasons.
5An Urban's Rural View
From not accepting a $0.30 price slide on heifers, to trucking cattle in
more aggressive marketing environments, cattlemen need to evaluate their
marketing strategies and determine if higher prices can be seized.
BCall the Market
The $739 billion overall Inflation Reduction Act includes $369 billion for
various programs tied to renewable energy and reducing greenhouse gases
throughout the economy. The $19.5 billion for USDA conservation programs will
incentivize more farmers to adopt cropping and livestock practices that reduce
greenhouse emissions, reduce nitrogen loss or sequester carbon in the soil.
BClimate, Healthcare Package Becomes Law