DTN Fertilizer Outlook: Logistical Issues, Limited Exports Push Prices Higher

By Logan Garcia

Market Reporter - Fertecon, Agribusiness Intelligence, IHS Markit

October saw much-needed recovery in the U.S. from the impacts of Hurricane Ida in August as U.S. Gulf production facilities continue to return online and the worst of the logistical woes appear behind us. However, sharp price increases on fertilizers abroad have motivated bull runs on nitrogen prices, including ammonia surpassing $1,100 per ton in the Midwest and urea barge prices surpassing both DAP and potash.

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