![]() ![]() Retail fertilizer prices averaged across Illinois are regularly reported in the Illinois Production Cost Report, a publication of the USDA’s Agricultural Marketing Service. Changes in nitrogen prices from now to spring likely will be influenced by changes in corn and natural gas prices. Moreover, nitrogen applications above university recommendations can substantially reduce returns. Significantly reducing or eliminating applications in these fields is economically prudent. ![]() Some fields will have soil test levels above those that will cause a yield response from phosphorus and potassium applications. Therefore, reducing rates where practicable seems prudent. While fertilizer prices have declined since spring, fertilizer prices remain high, and fertilizer costs are significantly higher than a year ago. Illinois Farmland Leasing & Rental Forms.Illinois Crop Budgets & Historic Returns.Farmland LEasing Facts Sheets & Pricing Information. ![]()
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