# Fertilizer Outlook - It’s time to book nitrogen - HighLine Grain Growers, Inc

> HighLine Grain Growers says ammonia trades near two-year lows on weak demand after a difficult fall and spring application season. Urea has likely bottomed internationally, with Gulf prices near $250/short ton and some Plains retail prices falling below $400. Growers are urged to book 2020 nitrogen supplies ahead of a possible increase if corn acres expand.

- Date: 2019-06-28 · published 2019-06-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/58523-fertilizer-outlook-it-s-time-to-book-nitrogen-highline-grain-growers-inc
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Low wholesale ammonia and urea prices favor forward buying now, but expected corn acreage growth in 2020 could lift nitrogen prices later. Heavy Chinese supply is a risk to the near-term trend.

## Read by commodity

- CORN: neutral
- UREA: neutral

## Sources

- highlinegrain.com: https://highlinegrain.com/story-fertilizer-outlook-time-book-nitrogen-22-191695

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