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Market Realist reports granular potash prices in Brazil rose 1% to $291/t in the week ending January 26, while Cornbelt and NOLA prices were flat at $242/t and $213/t. Prilled urea held at $259/t for a third week.
Prices remain well above year-ago levels.
Stable to firmer potash prices, especially strong Brazilian demand, keep crop input costs elevated for South American and US growers, supporting fertilizer-driven costs for feed grains.
marketrealist.comAdam JonesJan 31, 2018Not 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.
