# Farmer Fertilizer Focus - Urea

> StoneX's Josh Linville says urea prices recently dropped as European production restarted, though he expects global values to be supported. He notes that UAN and NH3 trade at large premiums to urea, which should drive demand switching, and that India's tender is adding demand.

- Date: 2022-11-04 · published 2022-11-04T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/38626-farmer-fertilizer-focus-urea
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Demand switching toward urea and India's tender can firm urea prices. Restarted European output limits how much support those factors provide.

## Read by commodity

- DAP: bearish ▼
- CORN: neutral
- UREA: neutral

## Sources

- stonex.com: https://www.stonex.com/en/insights/farmer-fertilizer-focus-urea-2022-11-04/
- stonex.com: https://www.stonex.com/en-us/insights/farmer-fertilizer-focus-phosphates-2022-11-04/
- stonex.com: https://www.stonex.com/en-us/insights/farmer-fertilizer-focus-urea-2022-11-04/

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