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CF Industries completed new ammonia and granular urea plants at Port Neal, Iowa, in December 2016, and its Donaldsonville, Louisiana expansion came online in October. The article says only seven of 25 announced North American nitrogen projects, worth over 15 million tons, will be completed.
Fewer completed projects than announced limit the expected glut of North American nitrogen supply, which could leave regional fertilizer prices better supported than feared.
croplife.comBert FrostFeb 3, 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.
