ADM Farm Direct Fertilizer Report

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3/18/2020

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Call Summary:

  • Prices have softened slightly, but still higher than a month ago. We are recommending coverage on products for spring season, on all NPKS products.
  • Market uncertainty will soften front end prices slightly, but not drop them. We are too close to anticipated demand.
  • Reassurance around supply plans during these tumultuous times, and ADM’s plans.
  • Third-quarter Rest prices discussed on the call, with first initial look into what next fall looks like.

 

 

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