Mizuho reported that potash and phosphate prices fell in the week ending October 22, with New Orleans potash down about 1.5% to $328 per ton and phosphate down 0.3% to $851 per ton. Nitrogen was mostly unchanged, with ammonia prices higher after supply disruptions.
Small weekly declines in potash and phosphate offer slight relief, but high phosphate affordability concerns and firm ammonia prices keep fertilizer costs elevated for feed-crop producers.
Not enough comparable past events yet for a historical read.
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.