Loading…
Farm Progress analysts expect fertilizer prices to stay flat or slightly lower in 2017 as global capacity grows faster than consumption. US nitrogen capacity has expanded, with about 6 million tons of ammonia possibly coming online within three years.
Wild cards such as in-season adjustments could still change the outlook.
Expanding nitrogen capacity and flat-to-lower fertilizer prices reduce feed grain production costs, though wild cards remain.
farmprogress.comPhil Kenkel, Steven KloseJan 19, 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.
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.
