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Fertilizer Affordability Trends Last Week

Adam Jones
Fertilizer Affordability Trends Last Week

Last week, the Fertilizer Affordability Index dipped further, indicating that the affordability of fertilizers such as nitrogen, phosphorous, and potassium had improved. Week-over-week, the index fell to 0.61 from 0.64, indicating higher fertilizer affordability. The Fertilizer Affordability Index is issued by The Mosaic Company (MOS), which indexes it to one in the base year of 2005. The index also breaks down affordability by fertilizer type.