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Irish agri merchants are quoting CAN at €250-270/t for big bags, up about €50-60/t from summer lows. European CAN producers have gained confidence on international urea tightness and exported about 300,000t of nitrogen to South America.
Tighter European nitrogen supply and rising CAN prices raise fertilizer costs for farmers buying for the 2018 season, supporting the nitrogen price complex.
farmersjournal.ieEoin LowryJan 31, 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.
