USDA Illinois market data put retail bulk fertilizer prices as of Dec. 7, 2017 at $437/ton for DAP, $326 for potash and $341 for urea.
All major fertilizer prices were 5-15% below 2016 levels and remained relatively stable through the second half of 2017.
Stable, low fertilizer prices reduce input costs for feed grain producers, but the sector is in a down cycle and global supply or demand shifts could still move prices.
Not enough comparable past events yet for a historical read.
Not 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.