# Market Talks: Mixed trend for nitrogen-based fertilizers in Southern Cone | Argus Media

> Argus reports that nitrogen fertilizer activity in Argentina is slowing, with few offers and only one-off deals expected until October. Recent granular urea business was reported at $420-430/t CFR, and prices are likely to have risen to about $445-455/t CFR. Argentine granular urea imports fell 28% and ammonium sulphate purchases are expected to pick up in Paraguay in October.

- Date: 2023-09-28 · published 2023-09-28T12:00:00.000Z
- Category: market · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/34435-market-talks-mixed-trend-for-nitrogen-based-fertilizers-in-southern-cone-argus
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Higher Southern Cone urea prices and thin offers raise fertilizer costs for South American corn growers, which could shift acreage toward soybeans and affect regional corn supply.

## Read by commodity

- UREA: bullish ▲

## Sources

- argusmedia.com: https://www.argusmedia.com/en/news-and-insights/energy-and-commodity-podcasts/market-talks-mixed-trend-for-nitrogen-based-fertilizers-in-southern-cone

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