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A Rabobank report says fertilizer consumption fell in 2022 after extreme volatility and record prices. It expects some regional demand recovery in 2023, with fertilizer prices easing toward pre-war levels.
Rabobank's affordability index points to falling fertilizer prices over the next three months, although nitrogen stays at risk from European gas costs.
agribusinessglobal.comMatt HopkinsNov 30, 2022After 42 past bearish report events, UREA moved a median +0.3% over 5 sessions (57% higher; middle half -1.9% to +3.3%), and +2.9% over 20.
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.
