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DTN reports all eight major retail fertilizers fell in the fourth week of December 2019, with anhydrous at $488 per ton and urea at $378 per ton. Retailers expect prices to be fairly steady into the new year.
Continued retail fertilizer declines lower input costs for US grain and feed producers heading into spring, and the trend suggests limited upward price pressure on crop costs.
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.