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DTN retail survey shows all eight major fertilizers fell in price in the third week of August 2017 versus a month earlier, with UAN28 down 6% and UAN32 down 5%. Average urea was $305/ton and DAP $434/ton.
Continued retail fertilizer declines lower input costs for US feed grain production, though farmers are holding off purchases, which may limit near-term demand.
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.