A Michigan State University Extension advisory says fertilizer prices may rise this fall and carry into spring purchases. It cites reduced phosphate exports, higher phosphate demand, Israel-Iran conflict disruptions to nitrogen supply, and tariff uncertainty.
Reduced phosphate exports and possible nitrogen disruptions point to firmer DAP and urea prices in the fall buying season, which raises input costs for US crop and feed producers.
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.