Corn Comments: DaNita Murray with a Fertilizer Update
Welcome to Corn Comments! Brought to you by the South Dakota Corn Utilization Council, a volunteer group of farmers who promote corn marketing in this state, the U.S., and around the globe.
The Rural Blog, based out of the University of Kentucky, last week discussed an article written recently on the fertilizer industry.
It reported that Nutrien saw profits increase 1,575% between 2020 and 2022, the Mosaic Co. had a 438% increase, and CF Industries, a 955% increase. There are various reasons fertilizer prices increased during that time period and the article also notes that four companies represent 75% of domestic fertilizer production.
With Corn Comments, I’m DaNita Murray, Executive Director for South Dakota Corn.