Loading…
International urea prices eased slightly in August 2019 as natural gas and corn prices fell. The report notes urea pricing is closely tied to corn prices and natural gas costs, though the strength of that link varies over time.
Weaker corn and natural gas prices point to lower nitrogen fertilizer costs, but the relationship is loose, so the effect on feed grain economics is limited.
zmp.deSep 4, 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.
