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According to a DTN survey, seven of eight major fertilizers saw retail price increases in October, with fall anhydrous ammonia averaging about $987 per ton, up 17% year on year. Urea was the only one to dip slightly.
Rising retail fertilizer costs for US corn ground may trim planted acreage or shift rotations toward soybeans, a mild factor for feed grain supply.
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.