By Russ Quinn DTN Staff Reporter
OMAHA (DTN) -- Some retail fertilizer prices are continuing to slip lower, but others have reversed course the first week of March, according to fertilizer retailers surveyed by DTN. This falls in line with reports of higher wholesale prices in recent weeks and signs the trend is spreading to the retail fertilizer market.
For the first time in many months, some fertilizers showed higher prices in DTN's weekly survey. Three fertilizers had higher prices, but none of these were up any significant amount.
Urea averaged $374 per ton, 10-34-0 $566/ton and UAN32 $309/ton.
The remaining five fertilizers dipped lower, but again the move was slight. DAP averaged $476/ton, MAP $492/ton, potash $373/ton, anhydrous $537/ton and UAN28 $260/ton.
QUESTIONS: What would be the significance of crop yield loss if genetically modified crops were banned from U.S. farm fields? How would that decision trickle down to other parts of the economy?
POSSIBLE ANSWERS: Higher food prices, a significant boost in greenhouse gas emissions due to land use change, major loss of forest and pasture land, and commodity price increases would be some results if genetically modified organisms in the United States were banned, according to a Purdue University study.
Wally Tyner, James and Lois Ackerman Professor of Agricultural Economics; Farzad Taheripour, a research associate professor of agricultural economics; and Harry Mahaffey, an agricultural economics graduate student presented their findings at the International Consortium on Applied Bioeconomy Research in Ravello, Italy,...