Fertilizer costs have come down from last year’s heart-stopping prices, but don’t expect prices to stay down. Price volatility should continue through 2009 and the near future, according to a fertilizer industry spokesperson. While energy costs are down from last year, the world’s population keeps growing, global food stocks remain low, and the U.S. dollar is still weak against other currencies—all factors that led to the perfect storm of fertilizer costs in 2008, said Robert Mikkelsen, western regional director for the International Plant Nutrition Institute. The price spike that occurred last year was a result of high demand for food, […]
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