Fertilizer prices staying lower
May 8, 2010
According to the U.S. Department of Agriculture's National Agricultural Statistics Service for the North Central region, fertilizer prices for anhydrous ammonia dropped by $250 per ton, potassium was down $350 per ton and phosphate was down $50 per ton between April 2009 and April 2010 . While these prices refer to agricultural, and not turf markets, the trends are similar for our industry.
The high fertilizer prices seen in 2006 and 2007 were primarily the result of increased demand, due…