North American fertilizer prices are nearing a decade high this week as soaring commodity prices allow farmers to expand crop production, boosting demand for nutrients essential to producing food. The fertilizer industry is experiencing supply-side constraints while demand is rising.Rabobank’s latest commodity note explained that farmers are expanding plantings and dispensing more fertilizer on fields to increase crop yields since ag prices have jumped due to money printing by the central bank, weather-related issues worldwide, and supply chain issues. The Dutch bank warns, higher prices will curb purchases of fertilizers. “Matched against the furor of trade and geopolitics, fertilizer prices...