# Nutrien and Mosaic's Projections, Urea and MAP Price Trends

> Fertilizer market commentary cites Nutrien's expectation of nitrogen supply constraints in 2024, including limited Russian ammonia exports, reduced European operating rates, and Chinese urea export restrictions. The report also covers hedge fund activity and North American urea and MAP price trends. Henry Hub gas is projected to average about $2.50 per MMBtu for the year.

- Date: 2024-02-28 · published 2024-02-28T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/6433-nutrien-and-mosaic-s-projections-urea-and-map-price-trends
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Tight nitrogen supply from Russia, Europe and China supports urea prices, while cheap North American gas keeps US producers competitive. Feed buyers should expect firm fertilizer costs that feed into crop input prices.

## Read by commodity

- UREA: bullish ▲

## Sources

- genesisfertilizers.com: https://genesisfertilizers.com/2024/02/28/nutrien-and-mosaics-projections-hedge-fund-moves-urea-and-map-price-trends-fertilizer-market-report/

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