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Canadian farmers report fertilizer prices holding steady despite growing global plant capacity and falling US corn acreage, which has shifted toward soybeans after wet weather. Spring Mississippi River flooding temporarily delayed some fertilizer barge shipments.
Lower US corn acreage reduces nitrogen demand, but global oversupply is the main factor keeping prices from falling, and this will shape input costs for corn and feed grain producers.
agcanada.comAGCanadaMay 31, 2017
grainews.caGFM Network NewsMay 31, 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.
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.
