Recently, there has been a dramatic rise in chemical prices. There are shortages of active ingredients and other issues that are causing this. John Ortiz discusses more in the video.
Video Transcript
Hey guys, John Ortiz with BigYield here. Today, I am going to be talking about a couple things that some of you guys have been asking about. It’s about 2018 chemical prices, if we are going to see an increase or if they are going to go down due to commodity prices.
Over the last couple months there has been a lot of chatter about the chemical price increases for the upcoming 2018 season. I’ve personally seen prices begin to rise on many products already. Buying early in 2017, prices could offer dramatic savings over 2018 pricing as the year continues to go on.
There is no way of knowing for certain how long the price increase will last, but all signs point towards higher prices for the 2018 growing season. If I were you, I would recommend talking to your local chemical dealer or whoever you are acquiring your products from and talk to them about these price increases that we have been seeing, and see if it is best to buy in the fall like we are constantly saying.
I’ve never seen anything like the amount of increases we are seeing. They are talking about active ingredients being short on a lot of these products. With some of the issues going on with Dicamba, lots of people are looking at switching to Liberty.
Thank you very much and be sure and follow BigYield.us if you have any questions.