Russia’s responsible for much of the fertilizer market, and Moscow is no longer willing to sell to the U.S. and others.
wheat, soybeans and corn"Everything was going up drastically because of supply shortages, high energy cost. I was setting a lot of stuff up. Now you start eliminating some other markets that you got products out of, and it’s getting to be very scary," Gunderson said. He expected the weather to throw him a curveball in farming, but not a war. "All the stuff in Ukraine, there is so much volatility in the market," Gunderson said.
"Some farmers may have purchased a lot or put some fertilizer down. So, they might be in great shape, and some might not have put anything on, and they’re the ones [the war is] really going to affect a lot," Gunderson said. Farmers in Minnesota are expecting to lay out fertilizer and plant crops for the Summer in the next couple months.
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