
Urea prices in North America have risen since late March as spring planting began, with the New Orleans barge price above $500/ton from under $400 at end-March. Indian urea demand reached 38.8 million tonnes in 2024-25 while Indian stocks are about 3.6 million tonnes below last year, and Brazil's first-quarter urea imports were the lowest since 2016.
Tight Indian supply and firm US prices support global nitrogen costs, while soft Brazilian demand limits upside, which affects the cost of corn production inputs and feed grain margins.
Setelah 729 peristiwa perdagangan bullish sebelumnya, Jagung bergerak median +0,4% selama 5 sesi (56% lebih tinggi; separuh tengah -1,1% sampai +1,8%), dan +0,5% selama 20 sesi.
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.