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CRU reports that publicly listed fertilizer producers posted strong Q1 2021 results, many raising full-year guidance. Fertilizer benchmark prices have returned to 2011-2015 levels after rallying on strong demand and supply disruptions.
Sustained high fertilizer prices raise input costs for grain and feed producers and reflect strong agricultural demand that supports crop prices.
crugroup.comAuthor Chris LawsonMay 13, 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.
