
Phosphate prices rose on tight supply, with Brazil MAP up 15%, and a 650,000-tonne potash deal was done at a higher price. Yara and Mosaic settled June ammonia at $392/tonne CFR Tampa after a Mosaic spot buy at $370.
Urea markets were on hold ahead of India's June 12 tender, with India's urea inventories well below last year.
Rising phosphate and potash prices and low Indian urea stocks point to firmer fertilizer costs for grain and oilseed producers. Higher input costs can support feed commodity prices over the medium term.
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.