Fertilizer Logistics May Be Challenging

Fertilizer prices continue to climb, but availability has not been an issue so far. StoneX Group Fertilizer Director Josh Linville anticipates logistical challenges. “We’re still very concerned about the barge situation because the lower Mississippi River is dealing with different flood stages. Rail service continues to be slower than normal. Truckers are hard to find and that could get worse as spring gets closer.” Linville says it is very likely the entire Corn Belt could begin planting at the same time. “There hasn’t been an early start like we were worried about, but the entire U.S. could start on the same day and the logistics aren’t there.”