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Source: Jim Wiesemeyer, THE PACKER, 5/27/22
Fertilizer prices, led by CF Industries, fell in Thursday's trading. Nitrogen prices reportedly plunged 30%, partly due to demand destruction. According to Bloomberg, the June spot price in Tampa, Florida, for ammonia nitrogen fertilizer settled at $1,000/metric ton, a 30% drop from May's $1,425/ton. For more of this story, click here.
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