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DTN retail fertilizer prices were mostly lower in late August 2024, with potash falling below $500/ton and urea below $500/ton for the first time since 2021. Canadian rail arbitration was ordered by the CIRB on August 24 after a Teamsters labor dispute with CPKC and CN.
Falling retail fertilizer prices reflect softer demand, while the rail arbitration reduces the near-term risk of Canadian potash and grain logistics disruption.
greatamericancrop.comAug 28, 2024Not 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.
