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Fertiliser prices are falling on weak US and Brazilian demand, with a record one-month drop in the Tampa ammonia contract to $1,000/t. Potash is turning bearish on Russian supply, and phosphate prices range from $857 to $1,220/t depending on market.
Broad fertilizer softening lowers input costs for crops that feed livestock, though demand destruction signals weak farm margins ahead.
czapp.comStein Chingen HauganJun 5, 2022Not 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.
