Loading…
A Independent Commodity Intelligence Services report says global fertilizer prices are mixed and generally soft, with urea, nitrates, phosphates and potash lower than a year ago. Egyptian urea rose $24/tonne in two days as traders covered short positions, while Brazilian levels were stable.
Soft buyer sentiment keeps nitrogen and phosphate input costs contained for feed and grain producers, though the Egyptian spike shows sensitivity to supply shocks.
ontariofarmer.comCourtney DenardJun 26, 2024Not 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.
