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Yara International CEO Svein Tore Holsether said fertiliser purchasing for the 2027 season is lagging historical norms in Europe, the US and Brazil, with significant volumes still unbought. He made the comments on Yara's third-quarter earnings call, where the company reported lower earnings amid high European gas costs.
Delayed buying could tighten fertiliser supply into the spring application season, supporting nitrogen prices, though weak farmer affordability may cap the upside.
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.