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StoneX's Josh Linville says urea markets remain volatile, with Russian export losses from the Ukraine invasion and risk to Black Sea vessel shipments adding to tight global supply. He stays bullish on urea over the next couple of months, with the outlook worsening if Russia cuts gas to Europe.
Losing Russian urea exports, about 14% of global trade, and Chinese export constraints tighten nitrogen supply, which keeps fertilizer costs elevated for feed grain producers.
stonex.comJosh LinvilleFeb 26, 2022stonex.comJosh LinvilleFeb 28, 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.
