Publisher's Synopsis
Excerpt from The Farm Cost Situation, Vol. 7: October 1949
The price of fertilizer has risen less rapidly than most cost items but has continued to increase year after year since l9h0. In 1949 it averaged about A percent higher than in l9h8. The September price was slightly lower than in April, and not much change is expected in prices paid by farmers in 1950. There have been reductions recently in wholesale prices of some nitrogen materials, but prices of potash and phosphates are about unchanged. Supplies of all fertilizer materials probably will be larger in 1950. The industry has capacity to supply 15 to 25 percent more nitrogen, 10 to 15 percent more phosphate and about 10 percent more potash. Except for some local tight spots, supplies will be adequate to meet expected demands except possibly for potash and perhaps some special mixes. Even so, farmers will profit from continued or expanded use of fertilizer.
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