Input supply prices resetting for fall
An input supplier says the ag product supply chain appears to be much more reliable heading into the fall.
Scott DeVuyst is with Nutrien Ag Solutions. “We’re in a much better position,” he shares. “We’ve had some pricing resets on a few key inputs and I think overall we’ll see some inflationary cost go up, but nothing out of the realm. With the offsets that we have on other ones, I think inputs will be well within reason for 2024.”
He tells Brownfield, “Growers who put on fall anhydrous, like in the ‘I’ states, they’re actually may be down 50 percent of the cost.” “It’s now firming up and that’s coming back around, but they’ve come down. We’ve seen the glyphosates reset, glufosinate’s going to reset, and a few other key components,” he says.
DeVuyst says while a lot of farmers are trying to get inputs as soon as crop plans are made, pricing and availability can change on a monthly basis.
Brownfield interviewed DeVuyst during Michigan Corn’s Between the Rows crop tour.