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DTN's retail survey found most fertilizer prices fell in the third week of September 2017, with DAP at $429/ton and urea at $312/ton. Potash rose about 2% to $345/ton, and urea was slightly higher versus the prior month.
Farmers are weighing soil test results against low commodity prices before fall applications.
Lower retail fertilizer prices ease crop production costs, which slightly eases pressure on corn and soybean margins. Mixed moves suggest no strong directional shift in input costs.
dtnpf.comRuss QuinnSep 27, 2017Not 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.
