Listen to the latest report

4/20/2022

If you’d like to call in and listen to the next report while it’s happening (live), sign up below for Fertilizer News and Information.

Call Summary:

Commodity Grain Update | Brian Henry: ADM BQCI

• Markets will continue to be volatile but should remain at a high plateau for the foreseeable future — weakness will trigger demand.
• However, we could see a new crop corn correction to the downside for corn due to high input costs and efforts to lay off exposure.

Fertilizer Update | BK Morris: Fertilizer Weekly

• Prices are not increasing internationally as quickly as expected.
• Urea is becoming cheaper, and ammonia is softening.
• Russian sales of urea and phosphates will have a big influence on global prices.

US Outlook | Jake Niederer: ADM

• Higher transaction volume is giving us a better understanding of where the market is trading.

Questions from growers:

• Should I be locking in my inputs for 2023?
• Best practices to reduce risk would suggest you marry both sides of the equation: If you lock in 50% of your needs, lock in your grain.
• Dec. 2023 levels are rewarding that.

Our next conference call is scheduled for Wednesday, June 8. We hope you can join us.