Source: Keith Good, FARM POLICY NEWS, UNIV. OF ILLINOIS, 2/6/22


Bloomberg writer Elizabeth Elkin reported on Friday that, “North American fertilizer prices rose the most in almost five months this week as a global competition for supplies means farmers could still have a ways to go before seeing relief from high nutrient costs. “The Green Markets North America Fertilizer Price Index jumped 11%, the most since the week ended Sept. 10. India, the world’s largest importer of the popular nitrogen fertilizer urea, is looking to buy product later than usual. That will increase competition for nitrogen in the first quarter of 2022, when the U.S. and Europe are looking to buy, said Alexis Maxwell, an analyst for Bloomberg’s Green Markets.”

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