Price discrepancies for agricultural chemicals are decreasing, according to Farmers Business Network (FBN) 2025 Ag Chemical Price Transparency Report. The 2025 report collected more than 1,390 data points from farms across 26 states.

…

The 2025 report notes that prices are down compared to years past. However, with a 10% tariff in place for goods imported from China and the potential for additional tariffs for Canada and Mexico, the potential for increased prices exists.

According to the report, more than 580 million kilos of ag chemicals are imported into the U.S. every year. “This includes some of the key actives like glyphosate, glufosinate, 2,4-D, atrazine, clethodim, as well as others,” [John] Appel said. “The impact from tariffs will be pretty broad unless something changes.”

Prices were down in 2024 due to factors such as lower commodity prices, Appel said. In addition, the market has been working on destocking excess inventory, which also helps create competitive pricing. “As that channel inventory has been worked down, now importers are going to be restocking and bringing more material in so that may compound the tariff issue,” he said.

This is an excerpt. Read the original post here