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DTN retail data shows UAN28 fell to $598/ton in the third week of July 2022, the first time below $600 since January, and urea dropped 7% month over month to $836/ton. Most of the eight major fertilizers were lower, while potash rose slightly to $887/ton.
Falling retail nitrogen prices reduce input costs for US grain and feed producers, although prices remain 64% above last year.
dtnpf.comRuss QuinnJul 27, 2022Not 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.
