It's hard to be shocked by anything that happens in the markets these days, but the fertilizer industry was set back on its heels this week by news of a severe drop in ammonia prices. A major player in the international trade reportedly sold anhydrous for just $113 a ton in
The latest deal would translate into a farm-gate price of around $300 a ton, according to historical trends. But whether farmers will be able to get access to the product remains highly uncertain, because supplies around the
It's unclear how long the latest break will last, however.
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