ADM Farm Direct Fertilizer Report

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3/18/2020

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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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