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DTN retail data for the third week of July 2018 show seven of eight major fertilizers rose slightly from the prior month, with urea at $366/ton and DAP at $486/ton. Potash was unchanged at $354/ton, and all eight fertilizers are higher than a year earlier.
Persistently higher retail nitrogen and phosphate prices, and farmers' reluctance to book fall application, raise feed-grain production costs and signal firm fertilizer prices into fall.
dtnpf.comRuss QuinnJul 25, 2018Not enough comparable past events yet for a historical read.
Not 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.
