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Fertilizer prices are falling worldwide during the coronavirus crisis, according to a brief German market note. The article says the price drop has not yet reached farmers.
Falling global fertilizer prices suggest lower future input costs for crops, though the lag before farm-level prices adjust limits the immediate effect.
zmp.deMay 4, 2020Not 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.
