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Dutch fertilizer analysis says the market is calm after the spring season, with nitrogen fertilizer stable at about €30 per 100 kg, more than 60% below the spring 2022 peak. Potash trades near €69.80 per 100 kg, and ample nitrogen supply persists because farmers bought limited volumes and producers still hold inventory.
Ample nitrogen supply and falling prices lower European input costs for grain and feed producers. Potash remains relatively expensive, which may restrain application rates.
en.boerenbusiness.nlJesse TorringaJun 20, 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.
