checking out fertilizer prices in other countries. Found something interesting in India: Goverment regulated fertilizer production and pricing. Their theory: "Keep the price low and the production up" With their overpopulation, hunger would be their downfall of high fert prices. These prices converted over work out to $110cdn/metric ton for urea and phos was $230cdn/metric ton.
What they are trying to prevent, could easily happen here. 2009 can be record low production in north america because of a decrease of fertilzer use.
For us here in Manitoba I'ts going to cost $180/ acre to properly fertilize canola in 2009. Rent $40 + spray $35 + Fungicide $30 + ..... + bumper crop = almost broke even. Same goes for all crops.
Fertilizer cost, fall out - Here
