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DTN retail survey shows average fertilizer prices fell in the second week of August 2019 for all eight major fertilizers, the first simultaneous decline in almost two years. Anhydrous and UAN32 each dropped 7% from the prior month, to $543 and $295 per ton.
Lower retail nitrogen and phosphate costs ease input pressure on farm margins and signal softening fertilizer demand after a difficult planting season, though the effect on feed grain prices is indirect.
dtnpf.comRuss QuinnAug 21, 2019Not 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.
