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StoneX fertilizer analyst Josh Linville urged farmers to lock in 2021 fertilizer supplies and prices now, citing a perfect storm of tight nutrient supplies. DTN retail data show the average DAP price at an eight-year high of $600 per ton, with prices up sharply since last fall.
Tight nitrogen, potash and phosphate supplies raise input costs for feed-grain and oilseed production, supporting crop prices and farm margins into spring planting.
dtnpf.comMatthew WildeFeb 25, 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.
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.
