# Weekly Fertilizer Review

> Fertilizer prices showed signs of a pause after their fall rally, with ammonia weak in the US and urea jumping more than $50 a ton at the Gulf on China's firm offers. An Indian urea tender was cancelled just before Thanksgiving, knocking about $20 a ton off Gulf prices.

- Date: 2016-11-28 · published 2016-11-28T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/73788-weekly-fertilizer-review
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

The cancelled Indian tender removes near-term demand support for urea, which could cap further input cost increases for grain producers. Feed buyers may see less pressure on corn production costs.

## Read by commodity

- CORN: neutral
- UREA: bearish ▼

## Sources

- farmprogress.com: https://www.farmprogress.com/crop-protection/weekly-fertilizer-review
- farmprogress.com: https://www.farmprogress.com/crop-protection/weekly-fertilizer-review?ag_brand=farmfutures.com

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
