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DTN retail data showed all eight major fertilizers rising in the second week of October, with anhydrous up 16% to $804/ton and MAP up 7% to $794/ton. Prices remain 19% to 43% below a year earlier, and a Brazilian fertilizer mine injunction was overturned.
Rising retail fertilizer prices raise farm input costs and the overturned Brazilian mine injunction could expand future potash and phosphate supply over time.
farmpolicynews.illinois.eduKeith GoodOct 19, 2023Not 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.
