http://www.union-bulletin.com/main.asp?SectionID=1&SubSectionID=1&ArticleID=28443Nobody's called it a ``perfect storm,' yet.
But between rocketing costs for fuel and fertilizer, low prices for their crop, increased shipping surcharges and worries over whether this will be another dry winter, local wheat farmers say the future is looking pretty grim these days.
``I'm not sure anyone is aware of it, but energy prices are quickly making the continuation of wheat farming questionable unless something begins to change soon,' said Walla Walla County farmer Nat Webb.
Over a relatively short period of time, fuel prices have tripled and the cost of fertilizer has doubled, Webb and others said.
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and a related story...
Fertilizer Costs Soar; Farmers Face Tough Decisions
http://farmweek.ilfb.org/viewdocument.asp?did=8379&drvid=105&r=0.81831&r=0.6571924&r=0.7861597Farmers this fall will have to scrutinize their fertilizer purchases like never before due to recent price hikes that have pushed the cost of anhydrous ammonia to new highs.
Illinois Farm Bureau senior economist Mike Doherty said the cost of anhydrous ammonia already had increased by an estimated 25 percent this year. And that was prior to Hurricanes Katrina and Rita.
Now with the disruption of natural gas extraction and processing in the Gulf of Mexico due to hurricane damage, anhydrous ammonia prices are pushing $450 to $500-plus per ton across the Midwest, according at a fertilizer industry representative. Prior to 2005, the largest spring price quote for anhydrous ammonia (dating back to 1960) was $399 per ton in April 2001, USDA reported.
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