
Fertilizer prices are near their lowest levels in a decade, with anhydrous ammonia down about 14% and urea, liquid nitrogen and potash down about 9%. DAP is the exception, about 4% higher, and fall per-acre costs are around $90 versus $99 in spring.
Lower nitrogen and potash costs reduce input expenses for corn growers and are expected to keep fertilizer prices low into spring 2021, while DAP remains a firmer exception.
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.