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Cargill's Elevate team outlines the main drivers of fertilizer prices: supply and demand in large geographies, energy costs, and other macro factors. It notes North American natural gas prices are currently low, so energy is not a direct price driver for 2023.
The explainer frames how natural gas and major-region demand move nitrogen prices, but gives no new market event that shifts current prices.
cargillag.comAug 21, 2023Not enough comparable past events yet for a historical read.
Not 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.
