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CF Industries raised European ammonium nitrate prices after a similar move by Yara, with offers covering July to October deliveries. Granular urea traded sideways at historic lows, and phosphate and potash prices were flat as demand stayed slow.
Higher AN offers tighten the European nitrogen market modestly, but competitive pricing limits import volumes, so the overall effect on feed-grain input costs is small.
farming.co.ukJul 7, 2017Not 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.
