# OCI to run new Iowa nitrogen plant at full capacity

> OCI's new Iowa Fertilizer Company nitrogen plant is running at full capacity. Urea prices at New Orleans fell to decade lows this year due to new capacity and a wet spring that reduced US farmer demand.

- Date: 2017-05-18 · published 2017-05-18T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/71304-oci-to-run-new-iowa-nitrogen-plant-at-full-capacity
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Added US nitrogen supply and weak spring demand keep domestic urea prices low, lowering input costs for US corn producers and feed grain supply economics.

## Read by commodity

- CORN: neutral
- UREA: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/article/world/oci-to-run-new-iowa-nitrogen-plant-at-full-capacity-idUSKCN18E2LR/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.