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September 20, 2022
 
 
 
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Nitrogen Prices Now Seeing a Resurgence For Fall, and Natural Gas Isn't the Only Driver
 
As this chart from StoneX Group shows, anhydrous prices are climbing back toward spring 2022 highs. One ag retailer in Missouri said anhydrous was $800 per ton in fall 2021 and $1,500 in spring 2022. Farmers booking fall anhydrous today are paying $1,325 per ton. Ag economists say natural gas used to be the main driver, but that's not the case anymore.
 
 
 
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While the moisture situation has improved in some areas of the Plains, such as Texas, most of the hard red winter wheat belt is still in a drought. However, base prices for crop insurance were set last week for both classes of winter wheat and might provide enough financial incentive to entice farmers to plant in the dust.

Winter Wheat Country Faces Drought at Planting: Will Higher Base Prices for Crop Insurance Help Retain Acres?
 
 
 
 
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British Prime Minister Liz Truss and President Biden agree a U.S./U.K. trade deal is a low priority. However, the U.K. might lean on the U.S. more in the coming weeks as many countries prepare to ban Russian oil.

Russian Oil Ban on the Horizon, No Near-Term US/UK Trade Deal
 
 
 
 
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When Julie ten Hoeve called her son’s high school to report Ian being absent to help chop corn on the family's 650-cow dairy farm, she worried about what the school would say. The school’s response eased her mind.

These Farm Kids Had the Best School Absent Note Excuse
 
 
 

A new study finds most farmers' income isn't coming from the farm. Details in today's AgDay Minute.

It Could Take Two Years for Global Grain Supplies to Recover
 
 
 
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