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StoneX's Josh Linville says urea prices may slip a bit further over the next month before a possible turnaround as global demand returns. He cites weak Chinese exports, European production recovery and possible Russian export disruption.
Urea is a key nitrogen input for corn, so near-term weakness lowers input costs while potential demand recovery could reverse the trend.
stonex.comJosh LinvilleJan 27, 2023stonex.comJosh LinvilleJan 27, 2023stonex.comJosh LinvilleJan 27, 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.
