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DTN data show most of the eight major US fertilisers are cheaper than in June, with potash the exception at $885 per ton. All eight remain above year-ago levels, with anhydrous up 100%, potash up 77% and DAP up 49%.
Retail fertiliser prices are easing from June peaks but stay far above last year, so input costs for US crop budgets remain high. Potash is the only major product still rising.
rrfn.comCarah HartJul 24, 2022Not 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.
