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DTN retail surveys show fertilizer prices rose for a seventh straight week in the first week of March 2017, with all eight major fertilizers higher than a month earlier, though gains were slight. Retail urea averaged $361/ton and DAP $436/ton, still below year-earlier levels.
Continued firming of retail fertilizer costs ahead of spring application raises input costs for crop producers, which can support corn and other feed grain prices via reduced acreage or yield expectations.
dtnpf.comRuss QuinnMar 15, 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.
