As fertilizer costs continue to rise, farmers are working hard to plan and budget for the 2022 growing season.
Fertilizer is a necessity for farmers, allowing them to achieve the high yields needed to meet demand and keep their operations afloat. According to theĀ American Farm Bureau Federation, fertilizer costs have risen as much as 300% in some areasāadding significant pressure to farmersā pocketbooks.
āItās just so outrageously high. Itās pretty unreal,ā said Richard Kitchen, a Southampton County farmer and member ofĀ Virginia Farm Bureau FederationāsĀ Cotton Advisory Committee.
Kitchen grows cotton, peanuts, corn, soybeans and wheat at Plank Road Farms in Courtland. He said while he isnāt using much fertilizer during the winter, heāll have to be strategic in the spring.
āItāll be a lot of sharpening the pencil and deciding what is going to be the best crop mix for the 2022 growing season,ā Kitchen said. āMaybe that means not growing as many acres of crops that require a lot of fertilizer.ā
AFBF explained that increased global demand; energy costs; increased prices of raw nutrients like nitrogen, phosphorus and potassium; supply chain disruptions; and trade duties are all contributing to sky-high prices.
Kitchen added that many farmers had stellar growing seasons with larger yields in 2021. Combined with higher commodity prices, farmers were in a good position to make extra incomeāmoney that could be saved or reinvested back into the farm.
āUnfortunately, a lot of those profits are going to be diminished because youāre already going to be spending this money just to buy fertilizer so weāre able to farm next year,ā he lamented. āSo where normally weād be excited, itās knocking us back a notch.ā
In Westmoreland County, Sparky Crossman said high fertilizer prices are just another thing for farmers to contend with, alongside unpredictable weather, pests and other factors that come into play when growing crops.
āWhen commodity prices go up, fertilizer, seed and everything tend to follow,ā he explained. āIt goes up quickly and stays there for a while, and itās a long time coming back until commodity prices start dropping again.ā
Crossman owns Laurel Springs Grain Corporation in Mount Holly, where he grows corn and grain on about 500 acres. He noted that corn requires the most nitrogen, and according to AFBF, nitrogen costs have risen over 159% compared to September 2020.
He said farmers will have to ātighten their belts.ā
Crossman added that he may reduce the amount of fertilizer he uses in 2022. āIt probably wouldnāt hurt me for a year or so, but if prices stay up there a long time, it would really hurt everyone. ā¦ I donāt like it, but what can we do?ā