
DTN's retail survey found urea averaged $514 per ton, up 5% from a month earlier, and UAN32 averaged $383 per ton, also up 5%. These were the first significant weekly increases in 17 weeks.
Proposed US tariffs on Canadian potash were delayed for 30 days after US-Canada talks.
Retail nitrogen gains and the possibility of tariffs on the roughly 90% of US potash imports that come from Canada point to higher US fertilizer costs for farmers.
Not enough comparable past events yet for a historical read.
After 76 past bullish report events, Urea moved a median 0.0% over 5 sessions (49% higher; middle half -2.2% to +2.9%), and -0.3% over 20.
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.
DTN retail data showed the first significant weekly urea price increases in 17 weeks, confirming upward momentum in the US market, though retail prices are partly a lagging indicator.