DTN Retail Fertilizer Trends
Fertilizers appear to shift lower once again. Six of the eight major fertilizers are lower compared to last month, with the remaining two nutrients being slightly higher. Two fertilizers are leading the way to the downside. DTN designates a significant move as anything 5% or more.
State Announces Hansen-Mueller Payouts
North Dakota announced plans to distribute $778,000 from a surety bond to 28 farmers unpaid for grain by Hansen-Mueller Company.
Grain Rally Improves Farmers' Outlook
Farm leaders and agricultural economists at the Farm Progress Show pointed to stronger corn, soybean and wheat prices changing the financial outlook from just a few months ago. The rally is giving producers opportunities to lock in positive margins, but those gains continue to be tempered by higher fertilizer and energy costs.