All eight of the major fertilizers were lower compared to last month with five fertilizers down a sizable amount. DTN designates a significant move as anything 5% or more. Leading the way lower were anhydrous, UAN28 and UAN32.
Farmers continue their pursuit of technology, as evidenced by the large number of combines they are buying. Sales last month rose 165% over February 2022. In the month just ended, manufacturers sold 530 combines compared to 200 in February 2022.
The EPA released a proposal Wednesday that would allow permanent E15 sales in eight states beginning in 2024. The proposal, however, does not address whether E15 will be allowed for sale in June through September this year.