Loading…
CropLife's 2018 fertilizer outlook expects growth in nitrogen, phosphate and potash mainly outside the US. Fertilizer revenues for major US ag retailers have fallen more than $2 billion since late 2015, and US row-crop acreage is expected flat to slightly down.
Flat-to-lower US acreage limits domestic nitrogen and phosphate demand, while global growth supports export-oriented fertilizer prices.
croplife.comgilltotten gilltottenJan 18, 2018Not enough comparable past events yet for a historical read.
After 26 past neutral report events, Urea moved a median -0.4% over 5 sessions (42% higher; middle half -4.1% to +1.5%), and +0.9% over 20.
Not enough comparable past events yet for a historical read.
After 38 past neutral report events, DAP moved a median +0.5% over 5 sessions (61% higher; middle half -0.5% to +1.6%), and +3.9% over 20.
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.
