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Nat Gas, Nitrogen, and Corn’s Nasty Reality
Today we dig into the tight link between energy, nitrogen fertilizer, and corn. Plus, I checked in with more than a dozen producers and industry professionals across the country to get a sense of what’s actually happening on the ground: with nitrogen prices exploding, will farmers shift more acres to beans?
Natural gas makes nitrogen. Nitrogen makes corn.
Simple — until geopolitics gets involved. When energy markets are disrupted, fertilizer prices follow — and farmers end up paying the bill.
Geopolitical conflicts have been the biggest drivers of energy market rallies in recent years — and fertilizer prices tend to follow.
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