Hursh: A Downward Shift in Fertilizer Prices

Hursh: A downward shift in fertilizer prices

War in the Middle East and the blockade of the Strait of Hormuz contributed to a rapid rise in nitrogen fertilizer values, but prices have dropped dramatically in recent weeks.

Urea prices down, but for how long?

The chief economist with The Fertilizer Institute says urea prices on the global market have returned to pre-Middle East conflict levels. However, Veronica Nigh tells Brownfield, “Right now, those urea prices are back down as we’re seeing that global demand be a bit more in line with available global supply, but we shouldn’t necessarily get […] The post Urea prices down, but for how long? appeared first on Brownfield Ag News.

Survey shows urea prices dropping

JONESBORO, Ark. — Urea prices, which spiked with the shuttering of the Strait of Hormuz, are on the decline, but that break comes too late for some farmers, extension experts said.  Scott Stiles, extension economics program associate for the University of Arkansas Division of Agriculture, conducts a weekly survey of fertilizer prices. He says prices […] The post Survey shows urea prices dropping appeared first on Stuttgart Daily Leader.