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Western Canada delivered urea prices averaged 12% above March 2024 and Q1 averages were 13% higher year on year, according to Genesis Fertilizers. The weekly report also notes India Potash's 1.5m-tonne urea tender closing April 8 and a widening spread between Western Canada and NOLA urea.
Elevated North American urea prices and an Indian tender that absorbs global supply support nitrogen costs, a headwind for feed grain margins.
genesisfertilizers.comCaitlinApr 2, 2025After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% 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.
