After a month of consistently trending downward, the fertilizer price outlook for April is mixed.
The latest analysis from DTN shows ammonia prices should continue to stay lower. Two major chemical companies, Yara and Mosaic, agreed to the lowest prices seen in more than two years, making domestic prices in the Gulf less than half of what they were at the start of the year.
Prices for Urea on the other hand, are taking off, and UAN is expected to climb higher later this month too.
When it comes to phosphates and potash, those prices are also supported short-term as demand starts to outpace supply with planting underway.
