Source: Illinois Farm Bureau
Fertilizer terminals currently are rebuilding inventory after strong demand last spring drained supplies, according to the Illinois Farm Bureau.
But, if farmers have a good window to apply anhydrous ammonia this fall and/or boost corn acres for next year, some locations in Illinois could experience spot shortages of fertilizer, according to Joe Kilgus, area sales manager in Southern Illinois for Growmark.
"There are a lot of predictions we'll plant the largest corn crop ever (next year)," said Kilgus, who provided an input price outlook this week at the Illinois Farm Bureau Commodities Conference in Normal. "If we have a good fall it will pressure the ammonia supply and prices could go back up."