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Urea Fertilizer Prices Fall About 20 Percent From April Peak
Urea fertilizer prices have declined roughly 20 percent from their April high in several major farming regions. The drop has been recorded in the U.S. Gulf of Mexico, Canada, Brazil, and the Black Sea.
May 18, 7:44 AM·1m read1 source
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Urea fertilizer prices have declined about 20 percent from their April peak in several key farming markets. U.S. Gulf of Mexico, Canada, Brazil, and the Black Sea. The extent of the price drop varies by location.
The reduction follows the April high point.
Market participants in the listed regions have recorded the lower prices in recent weeks. The change affects fertilizer costs for agricultural operations in those areas.
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