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Anhydrous ammonia rose to $1,469/t from $726 a year earlier, DAP to $983 from $688, and potash to $862 from $481, per University of Illinois research. Fertilizer prices have stabilized or eased since the Russia invasion of Ukraine but remain well above 2021 levels.
Fertilizer prices remain sharply higher year over year, and ties to natural gas and corn prices mean 2023 input costs stay elevated for grain and feed producers.
vinachem.com.vnJul 26, 2022vinachem.com.vnJul 26, 2022After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
After 40 past neutral report events, Natural Gas moved a median +1.2% over 5 sessions (60% higher; middle half -3.5% to +2.8%), and +4.5% over 20.
Not enough comparable past events yet for a historical read.
After 42 past bearish report events, Urea moved a median +0.3% over 5 sessions (57% higher; middle half -1.9% to +3.3%), and +2.9% 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.
