# Domestic Wholesale Prices Seen Lower in Short Term

> DTN reports that wholesale fertilizer prices fell in November, with ammonia, DAP and urea lower and potash barge prices steady in New Orleans. Tampa ammonia settled $30 lower at $325/mt CFR as a weak fall application season weighed on demand. Analysts expect weak prices to continue in the short term.

- Date: 2018-12-13 · published 2018-12-13T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/61519-domestic-wholesale-prices-seen-lower-in-short-term
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Softer nitrogen and phosphate prices lower fertilizer costs for US grain producers, which can weigh on feed grain costs. The effect is modest and limited to the short term.

## Read by commodity

- DAP: bearish ▼
- UREA: bearish ▼
- POTASH: neutral

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2018/12/13/domestic-wholesale-prices-seen-lower

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