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A University of Idaho review says fertilizer prices stabilized in 2024 after steep 2023 declines but stayed above pre-pandemic levels. Potash fell about 20% versus 2023, phosphate MAP and DAP stayed high, and nitrogen prices were lower but began recovering toward year-end.
Persistently high phosphate and a late-year nitrogen rebound raise input costs for feed grain and oilseed production, supporting the price floor for crops into 2025.
agproud.comXiaoli Etienne, Qi ZhangDec 23, 2024After 66 past bullish report events, DAP moved a median 0.0% over 5 sessions (41% higher; middle half -0.6% to +0.7%), and +0.3% over 20.
After 76 past bullish report events, Urea moved a median 0.0% over 5 sessions (49% higher; middle half -2.2% to +2.9%), and -0.3% over 20.
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.
