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World Grain reports from Sosland's Purchasing Seminar that fertilizer prices are expected to stay elevated for some time. An Andersons executive outlined the global supply dependence for potash, phosphate and nitrogen.
Ongoing tight fertilizer supply and high prices reinforce cost pressure on crop production and support fertilizer price levels.
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.