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Bloomberg's Green Markets North America Fertilizer Price Index rose to its highest level since 2012. Higher crop prices abroad and US farmers' stronger demand, along with higher logistics and energy costs and new tariffs, pushed up phosphate, potash and nitrogen prices.
The article expects higher food costs for consumers.
Rising phosphate, potash and nitrogen costs lift the cost of crop production and push up grain and feed ingredient prices over time.
thedeepdive.caHermina PaullSep 1, 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.
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.
