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Fertecon's early-January wholesale fertilizer roundup reports ammonia prices rose in December on steady phosphate producer demand and supply disruptions at key exporting hubs. DAP traded at $360-365/t FOB NOLA at the end of December.
Analysts expect winter demand slowdown to pressure prices modestly in the short term.
Higher fertilizer input costs squeeze farm margins and can shift acreage between corn and soybeans, with knock-on effects on feed grain supply; a seasonal demand lull may cap near-term gains.
dtnpf.comKarl Stenerson Market ReporterJan 3, 2018Not 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.
