Max Armstrong reports that rising prices and tighter supplies may push farmers to cut use by as much as 7% which would be the biggest cut in 15 years according to the International Fertilizer Association. This would also trim harvest and could have impact on food supplies in the future. Max reports that some more fragile ag markets could see a significant impact with fertilizer use. Max shares some of the other challenges the industry is facing.

Max Armstrong's Farm Progress America is a daily look at key issues in agriculture. It is produced and presented by Max Armstrong, veteran farm broadcaster and host of This Week in Agribusiness.

Photo: fotokostic/Getty Images Plus