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AHDB reports that the UK Agricultural Price Index fell 6.5% year on year in November 2023, while input prices fell 10%. Fertiliser prices dropped 50% since the start of 2023, and UK-made ammonium nitrate averaged £384/t.
Lower fertilizer and energy input costs ease farm margin pressure, but the report does not point to a direct move in feed commodity prices.
mainsitelive.azurewebsites.netFeb 2, 2024Not 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.
