# Fertilizer Prices Continue Lower - ProAg

> DTN retail data for the third week of November 2019 show seven of eight major fertilizers lower month over month, with DAP at $456/ton, potash $381/ton and urea $387/ton. Bank of America Merrill Lynch upgraded CF Industries and Nutrien to Buy, expecting a price inflection by spring.

- Date: 2019-11-29 · published 2019-11-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/55988-fertilizer-prices-continue-lower-proag
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Urea](https://feedsoft.ai/c/UREA.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Continued lower fertilizer costs support farm margins and planting economics for corn and soybeans, though analysts expect a rebound into 2020.

## Read by commodity

- CORN: neutral
- UREA: bearish ▼
- POTASH: bearish ▼

## Sources

- proag.com: https://www.proag.com/news/fertilizer-prices-continue-lower/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.