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DTN's retail survey shows average fertilizer prices still rising in early April 2021, though at a slower pace. Anhydrous and UAN28 rose 11% month over month, with urea averaging $504 per ton and DAP $618 per ton.
Continued retail nitrogen price increases point to higher fertilizer costs for US grain producers, which can influence planting decisions and support nitrogen-linked prices.
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.