No relief in sight for high fertilizer prices.

While other commodities have seen strong prices, rice has lagged, he said, and he expects next year's rice crop in the U.S. to be one of the lightest in history simply because growers, at these high fertilizer prices, don't have much of an incentive to grow the crop, he said. In that year, commodity prices and fertilizer prices were both high, but once commodity prices collapsed, producers cut back on fertilizer. If you haven't purchased fertilizer yet for 2023, don't expect much price relief between now and next spring unless commodity prices and natural gas prices come down dramatically. [Extracted from the article]