# Global Ag News for Feb 6.23 - ADM Investor Services

> Brazilian urea slipped to $390-$400/mt from $405-$425 the prior week as slow demand set in during the shift from soybean harvest to corn planting. Potash was unchanged at $500-$520/mt, and MAP was steady. Grain futures were mixed on the day, with corn and soybeans lower over the week and month to date.

- Date: 2023-02-06 · published 2023-02-06T12:00:00.000Z
- Category: market · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/11836-global-ag-news-for-feb-6-23-adm-investor-services
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Weak seasonal fertilizer demand in Brazil is reinforcing bearish nitrogen pricing, while softer grain futures reduce feed cost pressure in the near term.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- UREA: bearish ▼

## Sources

- admis.com: https://www.admis.com/global-ag-news-for-feb-6-23/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.