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A global nitrogen fertilizer shortage has pushed prices to record levels in North America. Farmers are delaying purchases, raising the risk of a scramble to apply nutrients before spring planting.
Tight nitrogen supply and high prices can cut application rates or push farmers toward other crops, with implications for corn and wheat yields and input-cost-driven feed prices.
reuters.comRod NickelNov 24, 2021Not 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.
