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DTN's September outlook reports ammonia prices firming, with the Tampa September contract settling at $215/mt CFR and Middle East and Black Sea offers rising. Phosphate plant maintenance and seasonal fall demand are supporting ammonia.
Downstream fertilizer prices are stable to firmer.
Firmer ammonia and phosphate costs raise fertiliser input expenses for feed grain growers, which can support grain prices through higher production costs.
dtnpf.comSep 5, 2017Not 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.
