While there is a desire in Congress to support cutting-edge research for agriculture, the support actually falls flat when compared to agricultural investments taking off in other countries. Groups committed to boosting ag research spending in the farm bill want nearly $7 billion more in committed mandatory spending over the next decade.
All eight of the major fertilizers were lower compared to last month with five fertilizers down a considerable amount. DTN designates a significant move as anything 5% or more. Leading the way lower once again was anhydrous, UAN28, UAN32 and potash.