Fertilizer Prices Continue to Climb and Corn Exports Down

**Despite being out of high-demand spring season, fertilizer prices continue to climb.

According to StoneX vice president Josh Linville, prices are currently higher than normal across the board for fertilizers, a trend he attributes to multiple global factors.

www.agrimarketing.com reports Linville joined the Top

Producer podcast to highlight five main reason for higher prices this summer, including European Production, High Costs in Brazil, China's Restrictions, Supply Shortage in Egypt, and Import Restrictions.

www.agrimarketing.com/s/150418

**The USDA says sales of corn to overseas buyers declined during the week ending July 11.

Corn sales for delivery in the 2023-24 marketing year totaled 437,800 metric tons, down 19% from the prior week and 10% from the previous four-week average.

Japan was the top corn buyer at 191,200 metric tons.

Wheat sales rose to 578,500 metric tons, more than double the previous week and up 1% from the average.

**A coalition of spray drone distributors is banding together.

Recent legislative proposals seek to ban drones made in China due to security concerns.

But the proposals fail to consider other ways to address security concerns while avoiding the significant impact such bans would have on the ag industry.

Drones play a vital role in agriculture, including options for aerial application, creating rural jobs, and supporting precision and sustainable agriculture.