Producers who haven’t yet purchased their urea fertilizer will want to do so before the second half of February. That was one of the recommendations from a Jan. 17 session at Manitoba Ag Days in Brandon. The fertilizer market outlook was provided by Noah Bishop, a trader with ADM Fertilizer. ADM is a worldwide player […] Read more
Tag Archives urea — page 2
Producers urged to buy urea sooner than later
Trader says recent price spike is likely short-term, but farmers should make their purchases no later than mid-March
BRANDON — The global market for urea is in a period of mixed signals. Buyers in Australia and Southeast Asia made purchases in early January, putting upward pressure on price. Plus, stocks in North America are relatively low, which is also supportive of prices. On the other side of the coin, China may delay exports […] Read more
Urea forecast suggests short-term price declines, but recover later
SASKATOON — The short-term outlook for urea calls for falling prices but the medium-term forecast is the opposite, according to Argus Media. “Prices are coming under pressure,” Sophie Mason, manager of nitrogen analytics with the firm, said during a recent webinar. Limited demand is going to be the key market factor over the next couple […] Read more
