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BMI, a unit of Fitch Solutions, forecasts US Gulf urea prices will rise by over a third to $542 per MT in 2026, from $398 in 2025. Middle East urea is forecast to rise 42% to $586 per MT from $411.
Higher urea costs raise fertilizer expenses for grain production, supporting corn and wheat cost-of-production and later feed grain prices.
Not 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.