ADM Farm Direct Fertilizer Report

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9/22/2021

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Grain

Hurricane Ida impacts linger, and offers out of export facilities will come as facilities come online in coming weeks

Fertilizer

Western Europe natural gas prices high, CF has idled 2 plants
Lock in margins, prices are too high and volatile to predict, overall very firm tone in the market
Historical highs on all fertilizer products, but supply outlooks remain tight into 2nd quarter

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