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DTN's retail survey for the fourth week of December 2020 shows seven of eight major fertilizers higher month over month. Anhydrous rose 9% to $461/ton, MAP and potash each rose 8% to $535/ton and $365/ton, and DAP, urea and other grades edged up slightly.
Rising US retail fertilizer prices raise farm input costs for the coming crop year, which can shift acreage and support crop prices, while higher phosphate and potash costs feed into the cost of producing feed grains and oilseeds.
dtnpf.comRuss QuinnDec 30, 2020Not 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.
