Loading…
DTN retail data show fertilizer prices continuing to decline in the first week of April 2023, with anhydrous down 5% to $1,002/ton and urea at $625/ton. All major fertilizers are at least 18% below year-earlier levels.
Potash producers outside Russia and Belarus, including Canada, are seeking to gain market share.
Falling retail fertilizer prices lower feed grain production costs and reduce cost pressure on crop margins. Expanding non-Russian potash supply adds bearish pressure on potash prices.
farmpolicynews.illinois.eduKeith GoodApr 16, 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.
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.
