DTN Retail Fertilizer Trends

Retailers, Farmers Play Game of Chicken

DAP prices remain 11% above year-ago levels, leaving many growers more willing to bypass or curb 2015 phosphorus applications and dip into soil reserves next year. (DTN chart)
With fertilizer prices hanging above year-ago levels, farmers are reluctant to commit on spring purchases. On the other hand, freight surcharges give retailers little reason to discount.

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