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DTN retail data for the fourth week of April 2023 shows most US fertiliser prices fell from the prior month, with anhydrous down 10% to $928 per ton and urea down 5%. Prices for all major fertilisers were lower by double digits than a year earlier, with urea 41% lower and potash 29% lower.
Falling retail nitrogen, phosphate and potash prices lower the input cost outlook for US feed and grain producers, although the broad year-on-year declines are largely already reflected in current prices.
farmpolicynews.illinois.eduKeith GoodMay 7, 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.
