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Agrium's president told analysts on its third-quarter call that nitrogen prices have stabilized and urea prices are starting to firm after years of weakness. He said the market tide is shifting.
Firmer nitrogen prices raise the cost of corn production, which can support feed grain prices over time. The effect on feed buyers is gradual.
producer.comadminNov 17, 2016Not 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.
