Fertilizer Crisis in Europe Spills Into U.S. Farm Costs

U.S. fertilizer production is gaining eight FIELDS-funded projects, but new supply is years away as Europe's gas squeeze tightens nitrogen. Josh Linville, StoneX VP of Fertilizer, walks through the FIELDS selections, the corn price reversal, and Europe's nitrogen plant shutdowns. European natural gas prices more than double recent norms are forcing some nitrogen plants to shut, sending buyers to exporters such as Egypt and Nigeria and lifting prices for U.S. farmers. Falling corn prices have squeezed farm margins as fall applications get underway, while the U.S. still relies on imported urea. Discover Actionable Fertilizer Insights with StoneX Market Intelligence: https://shop.stonex.com/collections/fertilizers?utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_josh_linville&utm_content=share 00:00 - U.S. Fertilizer Gets a Boost 00:36 - Eight FIELDS Projects Unpacked 03:32 - Dairy Manure Lands Top Dollar 05:39 - New Fertilizer Is Years Away 07:07 - Corn Reversal Guts Margins 09:36 - Europe Gas Shock Hits Nitrogen 11:40 - Every Buyer Pays the Price Like and subscribe for more financial market insights. #Fertilizer #StoneX #JoshLinville #NaturalGas --------- Like this video? Subscribe and turn on notifications so you don't miss any videos from StoneX: https://www.youtube.com/@stonex_official Visit https://www.stonex.com/en/insights/thought-leadership/?utm_source=youtube&utm_medium=social for insights, perspectives and thought leadership from StoneX's global network of experts. Visit our website: https://www.stonex.com?utm_source=youtube&utm_medium=social