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Urea prices surged at NOLA and in Brazil, with a US producer importing granular urea to meet tight domestic demand. The fertilizer report also covers North American urea and MAP prices and expects grain markets could stabilize next month.
Higher urea costs raise the cost of nitrogen for crop production and can feed through to corn and grain costs.
genesisfertilizers.comCaitlinMar 6, 2024Not 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.
