Year-End Fertilizer Prices In 2016

 

The approximate retail prices for bulk purchases of major nitrogen (N)-phosphorus (P)-potassium (K) fertilizers per ton, published in the December 2016 USDA Illinois Department of Agriculture Market News Report, compared to corresponding prices in 2015 and 2014 are shown in the table below. The 2016 prices of all common fertilizers were substantially lower than the two previous years.

 

 

The monthly price trends during 2016 are shown in the figure below. Generally, all fertilizer prices showed a declining trend throughout the year. The prevailing low grain prices are slowing the fertilizer demand. The fertilizer market may be sluggish in the foreseeable future. There is also an oversupply situation for all major fertilizers and it will take some time for the global market to balance out the supply and demand.

 

 

Michigan State University Extension recommends producers be aware of price fluctuations over time and take advantage of purchasing options. When commodity prices are low, farmers can stay profitable by becoming more efficient at getting the best yield possible so they have more bushels to sell at harvest time. The favorable fertilizer prices should be an incentive for farmers not to cut back on fertilizer, but to provide all the crop nutrients as needed to achieve their full yield potential.

 

Video: Precision Planting DuraWear

Struggling with inconsistent planting depth from row to row? The new DuraWear Depth Handle from Precision Planting is designed to eliminate depth variability and make accurate calibration easier than ever.

In this video, Precision Planting’s Mike Schlitt walks through how the Dura Aware system helps growers achieve consistent, repeatable planting depth—without relying on guesswork or constantly checking T-handle positions.

What You’ll Learn:

— Why row-to-row depth variation impacts emergence and yield
— How the DuraWear Depth Handle allows micro-adjustments on each row
— How the system keeps every row in the same notch setting, even after calibration
— And more!

Whether you're dialing in your planter for spring or upgrading your setup for more precise depth control, the DuraWear Depth Handle gives you clarity, confidence, and consistency.