# June '23 Farmer Fertilizer Focus - Urea

> StoneX's Josh Linville outlines his June 2023 urea outlook, stating global price ideas continue to decline with no sign of demand stepping forward. He expects North American values to remain under pressure in coming weeks and months, with Europe restarting production and Chinese exports resuming.

- Date: 2023-06-05 · published 2023-06-05T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/35802-june-23-farmer-fertilizer-focus-urea
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md), [Urea](https://feedsoft.ai/c/UREA.md), [TSP](https://feedsoft.ai/c/TSP.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Ample supply and weak demand point to lower urea costs for North American buyers in the near term, although a surprise from India's purchase tender could change that. Lower nitrogen input costs can support corn acreage and grain supply over time.

## Read by commodity

- DAP: bearish ▼
- TSP: bearish ▼
- UREA: bearish ▼
- PHOSROCK: bearish ▼

## Sources

- stonex.com: https://www.stonex.com/en/insights/june-23-farmer-fertilizer-focus-phosphates/
- stonex.com: https://www.stonex.com/en/insights/june-23-farmer-fertilizer-focus-urea/

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