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Market Analyst: Buy Fertilizer in the Fall

Market Analyst: Buy Fertilizer in the Fall

28 October 2014
Alberta Agriculture, Food and Rural Development

CANADA - Nine times out of 10 it pays to pre-buy fertilizer in the fall/winter season as opposed to the spring, according to Jennifer Stoby, market analyst-agriculture inputs, Alberta Agriculture and Rural Development, Edmonton.

“By firming up your fertilizer needs in the fall you remove the risk of high spring prices and non-availability of product.

"It’s ideal if farmers can pre-buy and store on farm but, if storage is not available, at least making a commitment to your retail will help with logistics and price spikes in the spring.”

Ms Stoby recommends producers maintain a good relationship with their retailer and to keep an eye on fertilizer prices.

“By waiting until spring to buy fertilizer you might be leaving a lot of money on the table and have limited access to the products you need.”

TheCropSite News Desk



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