Loading…

The November Tampa ammonia contract rose $95 per tonne from October after Yara and Mosaic settled on October 28, reversing a small October correction. The settlement came as European gas prices hit fresh highs above €100/MWh, and Middle East supply remains disrupted.
Higher ammonia and gas costs raise nitrogen fertilizer prices, which increases input costs for corn growers and can feed through to feed grain pricing.
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.