Farmers Are Buying Up Expensive Weedkiller Even As Costs Soar
Growers are worried about supplies for yield-maximizing chemicals like herbicides and pesticides
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Farmers are still buying weedkillers and insecticides to ensure plentiful harvests despite soaring costs for such chemicals, according to manufacturer FMC Corp.
Prices have been rising as the pandemic, Russia’s invasion of Ukraine and other supply chain issues have tightened the market. But farmers are also fetching the best prices in years for their crops, so demand for chemicals is “very strong,” FMC’s Chief Executive Officer Mark Douglas said.