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Fertilizer makers jumped after Hamas’ surprise attack on Israel raised concerns over how the conflict could impact global supplies of nutrients used to grow crucial food crops. Israel’s Port of Ashdod, just north of Gaza and a key hub for the country’s potash fertilizer exports, is in emergency mode amid the deadly conflict. That’s putting
All eight of the major fertilizer prices saw large moves lower compared to a month ago. Leading the way was anhydrous, which was 15% less expensive compared to last month. The nitrogen fertilizer had an average price of $638/ton.
(Bloomberg) -- Ammonia output at one of the world’s largest production facilities will be curbed for the foreseeable future due to Trinidad & Tobago’s natural gas supply constraints, according to top fertilizer maker Nutrien Ltd.Most Read from BloombergQQQ Churns in Late Hours on Apple, Amazon Earnings: Markets WrapTrump Cites Self Incrimination Concern in Lawsuit Against CohenFitch’s US Credit Downgrade Sparks Criticism Along With UneaseCanada PM Justin Trudeau Splits With Wife Sophie GregoireT
The average retail prices of MAP, urea, anhydrous and UAN32 declined by more than 5% compared to last month, according to data gathered by DTN. Anhydrous, currently averaging $691/ton, is 52% cheaper than at this time last year.
Beyoncé's BeyHive is alive and well in the Boston area.