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Rabobank Report Highlights Low Fertilizer Costs

A recent report from Rabobank highlighting fertilizer market conditions showed fertilizer prices to be down significantly across the board. According to the report global price indicators find nitrogen, phosphate, and potash to be at or near ten-year lows. Decreasing energy prices, caused by reduced mobility, have been one of the biggest impacts of Covid-19 on the fertilizer complex. The effect has been positive for farmers who've seen most of their inputs increase in recent years while commodity markets for crops have remained low.

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