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Finnish fertilizer prices have stayed stable through autumn and are lower than a year ago. World Bank data show urea fell to $237 per ton in September from $262 in August, and DAP fell to $286 from $293, the cheapest in ten years.
Many farmers bought next season's fertilizer early in July.
Falling urea and DAP prices reduce input costs for feed-grain producers and point to a soft fertilizer complex. Early forward buying by farmers may also ease pressure on manufacturers to raise prices.
maaseuduntulevaisuus.fiTuure KivirantaOct 28, 2019Not 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.
