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DTN retail fertilizer prices kept rising in the third week of April 2022, with MAP, UAN32, DAP, urea and anhydrous hitting all-time highs in DTN's data. Yara said it was still supplying Ukrainian farmers by truck during the war, and Bloomberg reported on a Brazilian fertilizer buyer's situation.
Record nitrogen and phosphate costs raise production costs for feed grain and oilseed growers, supporting firm grain prices and pressuring margins for livestock producers who buy feed.
farmpolicynews.illinois.eduKeith GoodMay 1, 2022Not 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.
