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Gleadell's fertiliser update reports firm urea prices as harvest limits nitrogen demand, with Yara raising CAN prices by $5/t in Western Europe. Strong DAP demand continues ahead of oilseed rape drilling, and potash prices have firmed with imports limited.
Firmer nitrogen and potash prices raise input costs for feed grain and oilseed producers, which can support crop prices over time. The update points to a modestly higher fertiliser price trend into autumn.
farming.co.ukAug 25, 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.
