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DTN's retail survey for the second week of February 2020 shows most fertilizer prices lower than a month earlier, with DAP down 5% to $413/ton and MAP at $435/ton. Urea rose slightly to $361/ton, and Citi downgraded several fertilizer equities on weak price forecasts.
Lower retail phosphate and mixed nitrogen prices ease input costs for feed producers, though Citi's bearish outlook points to continued softness in fertilizer pricing.
dtnpf.comRuss QuinnFeb 19, 2020Not 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.
