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Fertilizer prices have fallen for months from 2022 highs as producers cut applications, with anhydrous ammonia down to $870 per ton in Illinois and urea down 50%. Mosaic and Nutrien nonetheless report rising farmer demand in the US, Brazil and India amid firm crop futures.
Lower nitrogen and potash costs ease input pressure on feed-grain growers, while rising demand suggests prices could stabilize or firm.
agri-pulse.comBill TomsonAug 9, 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.
