“Fertilizer Is Out of Control” – US Farmers Ditch Corn for Soy to Save on Costs
1st April 2022
Fertilizer prices are at record highs following Russia’s invasion of Ukraine puts massive pressure on American farmers to transition to crops that need less fertilizer.
A Bloomberg survey found that farmers will plant 2 million more acres of soybeans and about 2 million fewer of corn. That’s because soybeans require very little fertilizer versus corn.
I’m opening a book to take bets on how long before soy products will be required by law to be added to gasoline For The Environment.