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U.S. fertilizer inventories are tight, particularly in nitrogen products, and values have been rising into year-end 2024. Growers face uncertainty over farm income and crop prices heading into spring 2025 planting, with corn and soybean acreage expected to remain significant.
Tight nitrogen supplies raise corn production costs, which could shift acreage toward soybeans and influence corn and soybean price expectations for the 2025 season.
croplife.comMark MilamJan 7, 2025Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
