
DTN's retail survey for the first week of September 2019 shows fertilizer prices fell for a fourth consecutive week, with anhydrous down 10% and MAP down 8%. Urea dropped 5% to $408/ton, and five of the eight major fertilizers posted declines of 5% or more.
Falling nitrogen and phosphate retail prices lower farm input costs, which can support grain and feed margins, though demand response from farmers has been muted.
Not 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.