NEWS
Price Makes an Excellent Fertilizer
Alan Brugler DTN Contributing Analyst
Mon Jun 30, 2014 04:52 PM CDT

There is an old market axiom that price makes an excellent fertilizer, usually used to explain sharp increases in production following a tight stocks situation and the accompanying high prices. After all, high prices are a signal the market wants more supply. Sometimes producers can't deliver the demanded goods, i.e. the current feeder cattle and hog markets. Sometimes they can.

USDA told us Monday morning that the high soy/corn price ratios seen this spring bought a record number of soybean acres. The June 1 Planted Acreage report showed U.S. producers have planted or intend to plant 84.839 million acres of ...

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