Farmers are better off buying fertilizer in fall or winter rather than waiting until spring 90 percent of the time, according to Alberta Agriculture.
The department has tracked urea, ammonia and phosphate prices for the past 10 years.
“There has only been one year, and that was in 2008, that spring prices were lower than fall-winter prices,” said Jennifer Stoby, an agricultural input market analyst with Alberta Agriculture.
She encouraged farmers to talk with their retailers this fall about their upcoming needs, especially for nitrogen fertilizers.
“With lower crop prices, guys have been hesitant to buy fertilizer and not really making any decisions,” said Stoby. “If they do wait until spring, there might be some problems actually even getting product.”
Growers who haven’t pre-bought product have faced supply shortages for the last few years, and it could be the same scenario next year.
“Retails aren’t bringing in nearly as much product just to have on hand the same as they have in the past,” said Stoby.