# Lower fertilizer prices prompt plant shutdown - Brownfield Ag News

> Yara International plans to shut a nitrogen fertilizer plant in Italy producing about 600,000 tonnes each of anhydrous ammonia and urea, citing falling global urea prices. StoneX analyst Josh Linville says more closures could follow and tighten supply, though he calls the situation not a crisis.

- Date: 2023-11-22 · published 2023-11-22T12:00:00.000Z
- Category: market · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/33476-lower-fertilizer-prices-prompt-plant-shutdown-brownfield-ag-news
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

A possible wave of European plant closures would tighten nitrogen supply and could lift fertilizer prices, a cost concern for feed producers.

## Read by commodity

- UREA: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/lower-fertilizer-prices-prompt-plant-shutdown/

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