# Wholesale Fertilizer Prices Seen Steady to Slightly Higher in Short Term

> Fertecon reports that ammonia prices weakened in late January as unsold supply built, with the February Tampa contract settling at $340 per ton CFR, down $15. A Trinidad plant closure and a Qatar unit outage were noted, and Middle East FOB prices held flat at $315 to $340 per ton.

- Date: 2018-02-06 · published 2018-02-06T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/66807-wholesale-fertilizer-prices-seen-steady-to-slightly-higher-in-short-term
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower ammonia costs ease nitrogen input expenses for grain producers, but the Trinidad plant closure is a supply risk that could firm prices. The net effect on feed grain costs is modest.

## Read by commodity

- CORN: neutral
- UREA: neutral

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2018/02/06/wholesale-fertilizer-prices-seen

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