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DTN retail survey data showed all eight major US retail fertilizer prices lower in the third week of March 2023 versus a month earlier, with UAN28 down 9% to $429 per ton and anhydrous down 8% to $1,036 per ton. Urea fell 6% to $627 per ton, and all fertilizers were lower by double digits year over year.
Falling retail nitrogen and phosphate costs ease farmer input expenses, though the trend reflects lower wholesale and natural gas costs and is a routine price-trend update rather than a new supply shock.
farmpolicynews.illinois.eduKeith GoodApr 2, 2023Not 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.
