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Global retail fertilizer prices are up as much as 151% over December 2020, with urea near $915 a ton and DAP and potash also sharply higher. Some producing countries may curtail exports, and 2022 is expected to be a very expensive year for farmers.
Higher fertilizer costs squeeze grain and oilseed margins, which can reduce planted area and tighten feed-grain supply in the coming season.
uaex.uada.eduDec 10, 2021Not 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.
