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Fertilizer Supply Tightness Seen Across Nation
Kansas fares better than many states as national fertilizer plants cut output by half in Dec and Jan due to high natural gas costs. Industry sources expect adequate spring supply but at much higher prices with spot shortages possible. Kansas benefits from local plants and nearby options in Oklahoma and Texas. Prices for ammonia could reach 400 dollars a ton or more, and May or June may bring some price relief though not to 2000 levels. Farmland Industries reports first quarter profit hit by gas costs.
MENTIONED IN THIS ARTICLE
Wichita
Ron Phillips
Fertilizer Institute
Washington, D.C
Phillips
Kansas
Dodge City
Lawrence
Oklahoma
Texas
Steve Morgan
Bartlett and Company
Kansas City
Morgan
Farmland Industries