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Russia's trade and industry ministry has recommended that fertilizer producers temporarily halt exports, and urea barges traded as high as $795 per tonne in New Orleans on March 4. Analysts say the market had partly expected the move, but the halt will tighten a supply base that was already low on inventories.
US Agriculture Secretary Tom Vilsack had earlier warned suppliers not to exploit the war to inflate prices.
Trade in Russian fertilizer exports removes supply from an already tight market, lifting urea and other nutrient prices for US and global farmers. Higher input costs will feed through to feed grain and livestock production costs.
producer.comSean Pratt4 mar 2022Tras 129 eventos alcista de política pasados, Urea se movió una mediana de -0,1 % en 5 sesiones (47% al alza; mitad central entre -1,3 % y +2,3 %), y +1,4 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
