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DTN reports that global nitrogen supply is expected to stabilize in 2025 after 2024 supply disruptions pushed fertilizer prices higher. IFA data show global fertilizer consumption rising 3% in 2024 to a near-record 203.7 million mt of nutrients.
A more stable nitrogen supply outlook suggests less price volatility for urea and other nitrogen fertilizers, easing cost pressure on corn and other feed-grain producers. Weather and geopolitical risks remain the main upside threats.
dtnpf.comRuss QuinnDec 16, 2024After 42 past bearish report events, Urea moved a median +0.3% over 5 sessions (57% higher; middle half -1.9% to +3.3%), and +2.9% over 20.
After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
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.
