# Phosphate bears, potash caution and urea the standout per... - CRU Group

> CRU reports from the IFA annual conference in Montreal that ammonia and phosphate prices remained bearish, while potash prices were flat. Urea was the standout, with an Egyptian sale lifting the top of the price range. Dec-19 corn futures rose about 22% in a month to 463.4 c/bu.

- Date: 2019-06-27 · published 2019-06-27T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/58519-phosphate-bears-potash-caution-and-urea-the-standout-per-cru-group
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [Urea](https://feedsoft.ai/c/UREA.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Weak phosphate and ammonia prices point to cheaper inputs for feed-grain growers, while firmer urea and rallying corn support nitrogen demand expectations for 2020.

## Read by commodity

- DAP: bearish ▼
- CORN: bullish ▲
- UREA: bullish ▲
- POTASH: neutral

## Sources

- crugroup.com: https://www.crugroup.com/en/communities/thought-leadership/2019/phosphate-bears-potash-caution-and-urea-the-standout-performer-ifa-2019/

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