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GrainsWest reports that fertilizer prices are expected to keep trending upward in 2019, with Alberta data showing 4-13% per-tonne increases over the prior year. Bulk urea rose about 13% and anhydrous about 4%.
Persistent fertilizer cost increases raise input costs for Canadian grain and feed producers and can influence planted acreage and crop supply.
grainswest.comtommy wilsonMar 1, 2019Not 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.
