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DTN analyst Elaine Kub argues that corn and fertilizer prices have historically moved together but the relationship is not causal. She notes urea prices are 13% higher and anhydrous 24% higher since last fall as the 2019 planting season begins.
Fertilizer prices rising into planting while corn prices remain low squeezes grower margins, which can shift acreage decisions and affect future corn supply.
dtnpf.comElaine KubMar 27, 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.
