Fertilizer Delays Expected

Barge companies are starting to declare force majeure as the Mississippi River levels continue to drop. StoneX Group Director of Fertilizer Josh Linville says that’s going to delay fertilizer coming north. “This is a situation that couldn’t have happened at a worse time.” It takes time to move crop nutrient products through the system. “If you load a barge in the Gulf of Mexico and moving it north, some of these terminals take two-to-four weeks to get to and at that time the fall fertilizer season is right in front of us.”