
Hurricane Ida disrupted Gulf Coast grain and soybean shipments and knocked out production of some fertilizers and crop chemicals, including Bayer's Louisiana glyphosate plant. Urea barge prices at New Orleans rose from $450 to $552 a ton after the storm, and farmers face tight supplies ahead of harvest and wheat planting.
Tighter nitrogen and crop chemical supply raises input costs for feed grain and oilseed production, and the export disruption from the Gulf adds to pressure on US grain basis and freight.
Setelah 49 peristiwa logistik bullish sebelumnya, Urea bergerak median -0,3% selama 5 sesi (45% lebih tinggi; separuh tengah -1,3% sampai +2,2%), dan -0,4% selama 20 sesi.
Belum cukup peristiwa historis yang sebanding untuk analisis historis.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
Hurricane Ida knocked out Gulf Coast fertilizer production and lifted New Orleans urea barge prices from $450 to $552/t, a direct supply shock to US Gulf urea.
Hurricane Ida knocked out Gulf fertilizer production and urea barge prices at New Orleans jumped from $450 to $552/t.