# UREA Fertilizers Under Pressure at End of November

> Urea prices fell across the globe in November, with US landed domestic prices declining as seasonal demand slowed and traders looked abroad for direction. Ammonia spot prices held flat in the US Corn Belt at $700-725/short ton FOB as deliveries ran on previously booked tons.

- Date: 2024-01-01 · published 2024-01-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/33021-urea-fertilizers-under-pressure-at-end-of-november
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Heavy global nitrogen supply and weak demand relative to poor crop prices kept fertilizer affordability low, which points to continued softness in urea and ammonia prices for buyers.

## Read by commodity

- UREA: bearish ▼

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/crops/article/2023/12/26/urea-fertilizers-pressure-end

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.