New Economic Analysis Raises Concerns Over Proposed Nitrogen Tariffs
Texas A&M Study Finds Historical Correlation Between Corn and Fertilizer Prices.
By Chelsea Dinterman, Successful Farming
Agriculture.com - 1/12/2022
A new economic analysis from Texas A&M University has raised red flags for corn growers concerned about rising input costs.
Commissioned by 21 state corn organizations, the study found a historical correlation between corn prices and fertilizer prices.
“Those lines kind of lay right on top of each other, which means fertilizer and anhydrous ammonia prices have been moving in a lockstep with the price of corn for quite some time, and more so now than in the past,” said Joe Outlaw, lead researcher for the study...